The median sales price of previously owned single-family homes reached a record high of $450,000 in February.
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A local developer has launched a new apartment project in downtown Las Vegas after he built and leased one up in the Arts District.
The eight-bedroom, nine-bathroom house features a Roman-style interior, an indoor fountain, custom chandeliers, a home theater, a security room and marble flooring.
Southern Nevada home builders “continue to operate at full capacity, selling everything they release,” says a new report.
After building and then selling two upscale apartment complexes near the Strip, developer Jonathan Fore is set to construct another one.
The 8,684-square-foot house and nearly 1-acre lot next door were listed Feb. 9 for $7.5 million and apparently went under contract with a buyer on Feb. 18.
The luxury house, which spans about 11,000 square feet and was priced at $13.5 million, is under contract to sell, according to its listing on Zillow.
Southern Nevada house prices in December were up 25.5 percent from a year earlier, compared to 18.8 percent nationally.
The rock star’s 11,000-square-foot house is priced at $13.5 million and features a courtyard entrance, floor-to-ceiling windows, a commercial elevator and direct views of the Strip.
Southern Nevada home prices were up 25.7 percent year over year in November, compared with an 18.8 percent gain nationally.