After going up in flames early last year, the home was listed for sale July 22, and six different investors made offers.
mc-business
The luxury home, up against the mountains on the far east side of the valley, is listed for a dollar under $4 million.
Home prices in the Las Vegas area were up 15.5 percent year-over-year in May, compared with a gain of 16.6 percent nationwide, a new report shows.
Homebuilders reported 935 net sales — newly signed sales contracts minus cancellations — in Southern Nevada in June, the third consecutive month-to-month drop and the lowest tally of the year.
The Calida Group has drawn up plans for two projects totaling around 450 rental homes in Henderson’s Cadence community.
Sales in the luxury community have accelerated alongside Southern Nevada’s broader housing market.
Edward Homes aims to break ground soon on the 43-unit project and finish in 2023.
Builders booked 962 net sales in Summerlin through the first half of the year, up 50 percent from the same stretch in 2020.
Las Vegas-area home prices were 30 percent to 34 percent overvalued in the first quarter, highest among the 50 most-populated metro areas in the nation, according to Fitch Ratings.
San Diego developer Lansing Companies recently closed a land purchase for a community called Prado Ranch.
More than 3,500 single-family homes changed hands last month in Southern Nevada, according to a new report from trade association Las Vegas Realtors.
Las Vegas Boulevard is known for its towering hotel-casinos, though several miles south of the tourist corridor, closer to the M Resort, the street is lined with sprawling tracts of desert.
Nearly 87 percent of previously owned single-family homes that sold in May had been on the market for 30 days or less, up from about 64 percent of the house sales in January.
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