Luxury homebuyer preferences are undergoing a transformation.
Real Estate Millions
Luxury homebuyer preferences are undergoing a transformation.
A one-story home in MacDonald Highlands led the way among luxury sales during May going for $8.4 million.
LightFair, in partnership with the International Association of Lighting Designers and the Illuminating Engineering Society, was held at the Las Vegas Convention Center from May 4 to 8.
While new home sales are down 19 percent during the first quarter, closings of luxury homes exceeding $1 million rose 41 percent during the first three months of 2025 as a new Summerlin development chalks up sales and another high-end project is about to commence.
The sales in the Las Vegas high-rise market between April and June slowed compared to a year ago but recorded its highest second-quarter pricing in history and is on pace to have record sales prices for the year.
Owned for over 50 years by John Ascuaga and his late wife, Rose, the 1,230-acre working cattle ranch is a striking one-of-a-kind compound offering four distinct residences.
IS Luxury solidified its top spot among luxury brokerages in Las Vegas during the first six months of 2024 as dollar sales volume jumped 47 percent for the higher-end real estate market.
Real Estate Millions celebrated its 10th anniversary this summer. The feature is published in the Las Vegas Review-Journal’s Sunday real estate section. An archive from the past 10 years can be viewed online at reviewjournal.com/homes/real-estate-millions.
Ten homes sold for more than $5 million in June, including one for $10.2 million in MacDonald Highlands in Henderson.
This 9,521-square-foot three-level estate, set to be completed next year, is a testament to the exclusivity and luxury. Although not yet on the market, it is planned to be listed at an estimated $22.9 million.
Former Las Vegas Raiders head coach Josh McDaniels helped highlight May home sales in the valley when he collected $4.8 million for his Anthem Country Club Home.
Las Vegas luxury real estate agent Kristen Routh-Silberman returned to the top of the 2024 list for transaction volume in 2023 in Las Vegas. She also ranked No. 1 in Nevada and No. 39 in the nation.
Celebrities like Sir Anthony Hopkins, Jane Seymour and the late Jonathan Winters have attened sharitable events, social gatherings and private getaways in the 6,421-square-foot space.
Through the end of May Las Vegas had 751 luxury resales for the year — up from the 549 through the end of May 2023 and the second best start to the year in history.
