Las Vegas Sold Homes & Real Estate

Why Retire in Las Vegas?

Las Vegas has become increasingly popular as a 55+ retirement destination in the past few years. Lower real estate prices are especially favorable for anyone considering a move from another state. But prices aside, there's plenty of other reasons to retire in Las Vegas:

The weather is ideal, with winter temperatures in the 60-70°F range and summers hitting upwards of 100°F with a dry heat.

Nevada is a tax-friendly state, especially for retirees. You won't be taxed for withdrawls from retirement plans or pensions. Also, you won't be taxed on your retirement income or anything you earn post-retirement. Property taxes are very low and rarely increase.

So much to do! The growing senior populations means more amenities,

Guide to Las Vegas Most Popular Subdivisions

Over the past three months, from March/23 - June/23, the following neighborhoods in Las Vegas have emerged as the most successful subdivisions in terms of sales. These communities are all very different, but each possesses unique selling points that cater to diverse demographics. The price ranges span from moderate to upscale, and all of them boast excellent locations in proximity to local amenities and recreational facilities.

Below, we've listed the most popular Las Vegas communities from the past three months, along with price ranges, ratio of Sale/List price and Average Square footage. It can be difficult navigating the many Las Vegas neighborhoods, and hopefully this will give you a starting

Las Vegas Sales Cool Amid Rising Costs

September 2022 Stats Summary for Greater Las Vegas

As we approach Fall, the Las Vegas real estate market , and the U.S. market as a whole continues to slow down. rising prices and mortgage interest rates are impacting sales. Cost-of-living, even credit cards and auto loans have reached a multi-year high, and all of this combined has cooled home and condo buying activity.

Home and condo prices continue to inch upward, but not with tenacity that we've seen in earlier months. The market is showing signs of leveling off. Here are the stats for the overall Las Vegas real estate market, including homes, condos and townhomes for September 2022 and year to date.

Las Vegas Single-Family Home Sales:

Attention Las Vegas Home Buyers - Your Guide to Homes and Prices in Las Vegas

Why Buy a Home in Las Vegas?

Is it worth buying a home in Las Vegas? Will I get a good return for my investment? These are all common questions people ask me. After experiencing a boom in Las Vegas real estate for the past several months, things are starting to level off a bit. After the pandemic people felt a sense of urgency to purchase a home, at the same time, sellers were reluctant to move and were content to "wait and see". As a result, there was a shortage of inventory, prices continued to rise and favorable interest rates made it possible for buyers to purchase.

It's apparent over the last while that all good things come to an end. Interest rates have inched

Las Vegas Homes by Leslie Congratulates These Summer Buyers

I loved working with each of these summer home buyers, and congratulations on your new purchase. Hopefully, you're settled in and enjoying your new homes. The summer of '22 has been a challenging season for Las Vegas real estate with rising interest rates and many quick sales. Three of these listings were on the market for only a week or less.

SOLD IN 3 DAYS! Home w/ RV Parking,
Spring Valley, Las Vegas, NV

Las Vegas houses with RV parking are in such demand, and it's a no wonder this home sold in just 3 days. Located in the heart of Spring Valley, this beautiful single story home has 4 bedrooms, 2 baths, an oasis oversized backyard with pool, deck, covered patio, RV parking, new

The demand for Las Vegas condos and townhomes hasn't shown signs of letting up. So versatile, a highrise or condo hotel is a perfect choice for a rental investment, or out-of-town owners looking for a place to stay when they visit the Strip. Condos or townhomes in residential areas are a sought after choice by growing families and empty nesters alike. Depending on the facility, there are usually a range of amenities to choose from, and convenient locations to business, shopping, schools and transit.

Although total sales of condos and townhomes in the Greater Las Vegas area decreased slightly (-10.6%) up to June 2022, the Average Sales Price continues to rise. Compared to the same time in 2021, condo values have risen an average of 28.5%. Buyers

Las Vegas Inventory Finally Up, & Prices Keep Rising

June 2022 Stats Summary for Greater Las Vegas

The Las Vegas real estate market in June was truly eventful. After months of barely 30 days of inventory, new listings are on the rebound by as much as 61.5% with a 2 month supply. In the midst of this, average home prices are still soaring, up 19%!

June 2022 has proved a challenging time for buyers and sellers, inflation levels have reached over 34%, as a result, the Federal Reserve raised interest rates by three quarters of a percentage point in June, the largest interest rate hike since 1994. Higher real estate prices, combined with rising interest rates have tempered sales, resulting in almost 25% fewer sales overall, since the same

Congratulations to April Las Vegas Home Buyers and Sellers

These April home sales were quick and easy for both buyer and seller. It's such a relief to get settled in, just in time to relax and enjoy summer in Las Vegas.

I'm happy to congratulate these new buyers and sellers on your new home and condo transactions. It was truly a pleasure working with all of you.

SOLD! NEW BUILDER HOME!
Shadow Point, Summerlin, Las Vegas

Situated in Shadow Point, Summerlin, this is a brand new home by Toll Brothers, Las Vegas. Located in the village of Stonebridge, Shadow Point is just minutes from Red Rock Canyon National Conservation Area. This is a luxury neighborhood featuring both one and two-story homes from 2,285 to 2,879 square feet.

Living in

March Sales Shows Signs of Recovery Amid Rising Prices

Las Vegas real estate sales in March 2022 showed definite signs of recovery after a slow start in January. Although real estate prices rose an average of 23% in March 2022, buyers remained steadfast. Las Vegas homes and condos virtually flew off the shelf, remaining on the market an average of 21 days. Sellers received an average of 101.1% of their asking price. A shortage of inventory is keeping overall sales from climbing, as folks are demonstrating reluctance when it comes to listing their homes.

Las Vegas Single-Family Home Sales: March 2022

March 2022 Single-family home sales in the Las Vegas area are down -12.6 from March 2021. While the demand remains high, lower sales

The quick home sales we're seeing in the Las Vegas market continue to set records. In the last three months, we've seen Average Las Vegas Home Prices soar by 17.9%, yet listings are only remaining on the market an average of 25 days. So, the buyers are there, waiting with open wallets, even as home prices continue to rise. Interest rates remain favorable and we're seeing more and more buyers from out of state. Closed Sales, however are down almost 2%, mainly due to a shortage of inventory. Currently real estate for sale in Las Vegas is sitting at about one month supply.

I'm happy to congratulate these new buyers and sellers who recently took the plunge, and are happily settling into their new homes.

Sold in 4 Days!
Home in Sierra Crossings,