Despite Las Vegas’ rapid price gains, several other cities logged even higher growth.
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The buyer, whose identity could not immediately be confirmed, purchased Jon Gruden’s house through a limited liability company called Nighthawk Holdings.
Sales prices are climbing fast even as mortgage rates rise, something analysts had predicted could throw cold water on the market.
Southern Nevada home prices jumped 19.8 percent year-over-year in June, outpacing the national rate of 18.6 percent, according to a new report.
After going up in flames early last year, the home was listed for sale July 22, and six different investors made offers.