Here’s a look at the two extreme ends of Southern Nevada’s housing market in 2019, as reported by the Greater Las Vegas Association of Realtors.
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Multiple revival plans for the Huntridge Theater have come and gone over the years. A new plan by a developer buying the historic venue includes adding other projects at the property.
The community in northwest Las Vegas is designed to have around 3,000 homes and just under 30 acres of parks, trails and open space, according to a spokeswoman for one of the builders.
Eric Carlton of Colliers International told the Las Vegas Review-Journal that the Suncoast hotel-casino is not for sale, only the 49-acre parcel on which it sits.
A 56-year-old former low-budget-movie producer, Doumani said this week he is scheduled to break ground in May 2020 and finish construction in 2023.
All are fetching fewer deals than last year amid a drop in sales throughout Southern Nevada.
Las Vegas house prices inched higher in June to break a three-month flat streak, but the market overall continues to slow from last year’s frenzy.
Pebb Enterprises has acquired Rainbow Promenade, a 228,279-square-foot retail plaza at the southwest corner of Rainbow Boulevard and Smoke Ranch Road.
The 368-unit Vintage Pointe sold for $58 million and now has traded hands three times in the past three years at escalating prices.
The peak boom-era median sales price of previously owned single-family homes was $315,000. Adjusting for inflation, the market has much more than a $15,000 gap from the previous high. In today’s dollars, the peak resale price was around $390,000.