The uber Summerlin resort community the Summit Club — the home to Celine Dion, Vegas Golden Knights owner Bill Foley and billionaires of industry — may be expanding beyond its 555 acres as the development seizes upon the strong demand that’s also permeated through the entire new-home luxury segments in Las Vegas.
Las Vegas placed four master plans in the top 11 and five in the top 25 in the nation, and homebuilding shows no signs of slowing down in those developments in 2022.
For more than a year, we’ve been breaking records virtually every month — especially when it comes to the rising price of homes sold here in Southern Nevada.
Sauter Multifamily Group of Avison Young has announced the closing of the $105.9 million sale ($190,126 per unit) of AYA Apartments, a 557-unit property at 3600 University Center Drive.
The Las Vegas high-rise market broke its all-time record in 2021 by more than doubling sales from 2020 and recording the highest price ever paid at $16.25 million for a unit at The Martin.
A natural destination for Californians, Las Vegas offers what potential buyers are searching for: lower taxes, luxurious secure high-end communities, breathtaking views and incredible lifestyle amenities.
Despite rising prices, Las Vegas homebuilders sold their highest number of homes since 2006 but shortages in labor, materials and land will continue to put a cap on growth in 2022 despite strong demand, industry insiders say.
A report released Thursday by Las Vegas Realtors shows 2021 was a record year for sales of existing homes in Southern Nevada, with more than 50,000 properties changing hands despite rapidly rising prices and a tight housing supply.