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Las Vegas News | 7@7 AM for Monday, January 13th, 2025

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Vegas luxury home market bucks housing slump

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.

Sports on TV in Las Vegas

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COMMENTARY: Save the summer break

What is the cost of having too much structure, leaving less opportunity for downtime and family fun time?