The Las Vegas luxury resale market remains on a record pace through July led by a $25.25 million sale in MacDonald Highlands. It was one of 171 sales of $1 million and higher in July, matching the same number in July 2024. The average price paid for a luxury home in July was $1.96 million, according to Forrest Barbee, corporate broker of Berkshire Hathaway Home Service. Barbee reported there were 195 pending sales of $1 million and higher, showing that the luxury market isn’t slowing down while sales are down in the market overall.
Under NRS 116.31034, it is not required that an association provide a list of the candidates prior to the sending of the ballots. Often this information can be found in the meeting minutes as part of the election update. The board should release this information as it is not considered confidential.
A modern mountain retreat built to thrive in all four seasons in Mount Charleston has just hit the market for $1 million, blending luxury, livability and thoughtful engineering at an accessible price point.
Lennar topped the list as the No. 1 Las Vegas new homebuilder in a year that has seen the top 10 see a 22 percent sales decline while the market share of more affordable townhomes continue to increase with its highest market share in 12 years.
For decades, homeownership has symbolized financial security and upward mobility, but for today’s first-time buyers, that path is increasingly complicated. Higher interest rates, steep home prices and stricter lending rules are pushing some to look beyond traditional mortgages in search of alternatives.
The Summerlin Children’s Forum (SCF), a nonprofit organization established in 1997 by leaders of the Summerlin master-planned community and its developer, Howard Hughes, recently awarded four college scholarships to outstanding high school graduates who are residents of the community.
Some luxury homeowners in this region have employed photovoltaic solar panels, integrated battery energy storage systems and active energy-management applications to provide additional power, comfort and energy resilience to their spacious dwellings.
New home sales among the 50 top-selling master-planned communities were down 6.6 percent at the end of June compared to the pace set by top communities in the first half of 2024.
Cadence has once again secured its position as the third best-selling master-planned community in the U.S., according to RCLCO Real Estate Advisors. The continued success of Cadence reflects a winning combination of location, lifestyle and long-term vision.
Model homes for three collections at Ascension by Toll Brothers in The Peaks village at Summerlin are now open. Ascension by Toll Brothers features nine expansive and unique floor plans in a mix of single- and two-story elevations.
BY RYAN MELVIN SPECIAL TO LAS VEGAS BUSINESS PRESS
If you’re shopping for a home right now, you’ve likely noticed more listings with price reductions. It’s a noticeable shift, and one that leaves many buyers wondering: Does a price reduction signal a red flag, or could it be a hidden opportunity?
Las Vegas luxury Realtor Kristen Routh-Silberman finished No. 39 in the nation among real estate agents with the most dollar transactions in 2024, easily leading the way in Southern Nevada and the rest of the state.
