February 2020

The Las Vegas real estate market ended on a high note in 2019. We had a high percentage of pending sales in both single-family and condos with similarly high increases in closed sales. We're still seeing a reluctance to list, with under 3 months of inventory. Which is surprising, with sellers getting an average of 98.4% of their asking price and homes remaining on the market for just over a month.

Las Vegas Single Family Home Sales Highlights

Current as of January 3, 2020. All data from Greater Las Vegas Association of REALTORS® MLS. Report © 2020 ShowingTime.

After a slightly sluggish year in 2019, the market for single-family homes in Las Vegas started to make a nice comeback. In December closed sales were up 16%, pending sales up 33.9%

Featured Development in Las Vegas in 2020

What's on the horizon for new growth in Las Vegas for 2020?

• Industry & Services in Las Vegas
• Developments in Education for Las Vegas
• Residential Developments in Las Vegas
• Transportation Improvements in Las Vegas
• Retail & Recreation Developments in Las Vegas

From 2018 to 2019, Nevada was 2nd in the country for annual population growth at 1.74%. Out of 30 major metroplitan cities, Las Vegas was third, with a growth factor of 2.2% (almost 50,000 new residents). That's a lot of growth, and a big infrastructure to support.

The city has responded to this challenge with approximately $23.0B  currently invested in major projects within Southern Nevada in 2020. In fact, it's pretty

What are the Most Popular Master-Planned Communities in Las Vegas?

Master-planned communities in Las Vegas and Henderson continue to be among the most popular choices for settling and buying a home. They're close to shopping, parks, some of the best schools, medical facilities and have great highway access.

Some of the top selling Nevada master-planned communities adapt to a variety of lifestyle choices and feature family neighborhoods, 55+ communities for active adult living and in some cases condos or townhomes. We're already starting to see huge increases in sales as some of the newer master-planned communities have taken off, such as Skye Canyon in northwest Las Vegas; Lake Las Vegas, a resort-style community in Henderson; and Valley Vista

Las Vegas 55+ retirement communities are among the top sellers in the Nevada market today. In fact, Henderson was the top city for retirement relocation in the country.

It's a no wonder that 55+ hotspots such as Sun City MacDonald Ranch, Sun City Anthem, Solera, Heritage at Cadence, Cordera Ranch and The Club at Madeira Canyon are all in Henderson. Not to forget the latest Del Webb Sun City at Lake Las Vegas.

Popular 55+ Communities in Las Vegas, YTD 2019

These are the top selling 55+ communities in Las Vegas up to the end of December 2019, sorted by average sales price. Click on your desired property to view current listings, or browse all  active-adult neighborhoods here. 

MLS #2168112 - UNDER CONTRACT AFTER 10 DAYS!

5032 STONE BAY Avenue, Las Vegas, Nevada 89131

Congratulations to the sellers of this gorgeous 4 bedroom home in Pavona Estates, Las Vegas. Situated on one of the largest lots in the community with no neighbors behind, and luxurious inground pool and spa. The newly landscaped backyard is only one of the many perks in this well cared for Las Vegas home. View listing post here

This Las Vegas home sold quickly, but there is a good selection in similar price ranges and with a pool. Browse from these popular searches below:

Popular Las Vegas Neighborhoods

Las Vegas Homes with a pool

Las Vegas Homes for sale under $400,000

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