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        <title>Las Vegas Real Estate Blog</title>
        <link>http://www.lasvegashomesbyleslie.com/blog/2025-01/</link>
        <description>Up-to-date news and helpful tips about buying and selling real estate in Las Vegas from Leslie Hoke, local realtor and resident expert.</description>
        <item>
            <guid>https://www.lasvegashomesbyleslie.com/blog/las-vegas-2024-year-end-market-trends.html</guid>
            <link>https://www.lasvegashomesbyleslie.com/blog/las-vegas-2024-year-end-market-trends.html</link>
                        <author>lesliehoke@lasvegashomesbyleslie.com (Las Vegas Homes By Leslie)</author>
                        <title>Las Vegas 2024 Year End Market Trends</title>
            <description> <![CDATA[ 



Las Vegas Housing Market Trends: Nov. and Dec. 2024


Leslie Hoke’s 2024 End-of-Year Market Report provides the news you need to make sense of todays Las Vegas real estate market.


Nationwide, 2024 saw one of the slowest years for real estate in three decades. A combination of low inventory, slow builder activity, and high interest rates kept sellers locked in and buyers sitting on the sidelines.


But, not in Las Vegas...


Here, a combination of commercial development, infrastructure improvement and the allure of Las Vegas’s many advantages — nightlife, year-round sunny weather, and  Nevada’s favorable tax environment — continued to drive growth in home values and population. In the following report well touch on:




End of Year Overview for Las Vegas Real Estate


Exploring Opportunities for Las Vegas Real Estate Investors


Five Factors That Will Impact the 2025 Market




End Of Year 2024 Real Estate Market Overview: Las Vegas Metropolitan Area


Year over year, 2024 saw more homes sold in Las Vegas than in 2023, with single-family home prices approaching an all-time high in December of $475,000, just below the May 2022 record of $482,000, according to reporting from Nevada Business Magazine and statistics from Las Vegas Realtors.


Las Vegas Residential Real Estate Stats


2024 finished strong with growth in both prices and available inventory plus solid showings across the board in both November and December.


Median home price and price changes since 2023: In November, the median price of single-family existing homes in the region was $480,000, up 6.7 percent from the previous year and a hair above (0.9 percent) October’s median price. November’s condos and townhomes numbers continued to offer affordability, down 4.4 percent from October but up 9.5 percent year over year. 


December’s single-family median sales price of $475,000 was down only slightly from November’s median of $475,531 but was up year over year from December 2023’s $449,900, according to the Las Vegas Review-Journal.





Condos and townhomes were a bit more affordable in December, at a median sold price of $290,000, down from November’s $301,250 and from October’s record-high of $315,000. However, it was still up 7.4 percent year-over-year from Dec. 2023’s $270,000.





Sales volume: Single-family home closings, at 1,647, were down in November month over month (-14.1 percent) but up year over year (+14.8 percent). In the condo/townhomes market, 476 units sold, down 11.9 percent month-over-month and up only slightly from the previous year at 3.7 percent.


For December, single-family home closings clocked in at 1,811, up 10 percent from November and up 19.3 percent year over year. For condos and townhomes, 466 units sold, down slightly at -2.1 percent month over month and up just a bit at +0.6 percent year over year.


For 2024 overall, there were a total of 31,305 existing homes, condos and townhomes sold, representing an 8 percent boost from 2023 when the total was 29,069. While this was a solid improvement, it’s still far below 2021’s record-setting year for volume, which saw 50,010 properties sold.





Average days on market: In November, 57.9 percent of single-family homes and 52.9 percent of condos and townhomes sold within 30 days of hitting the market. That’s down both month over month, from 58.9 percent and 59.4 percent respectively, and year over year, from 65.1 and 67.1 percent respectively.


December saw 50.1 percent of single-family homes and 52.6 percent of condos and townhomes selling within 30 days of listing. That’s down month over month, from 57.9 percent and 52.9 percent respectively, and year over year, from 57.6 percent and 59.4 percent respectively.


In December, 4,965 single-family homes and 1,763 condos and townhomes were still listed without any sort of offer. That’s up 31.8 percent and 55.6 percent respectively from the year prior. 


Inventory levels: End-of-year inventory still indicates a strong seller’s market with 3.4 months of single-family availability and 3.9 months of condo and townhome availability in November. December saw a slight dip to an average of 3.2 months of available inventory. 


For reference, a seller’s market is generally considered to reflect less than five months of inventory, a neutral market has five to six months of inventory, and anything above six months is considered a buyer’s market.


Exploring Opportunities for Las Vegas Real Estate Investors


We’ve seen an ongoing reduction in the number of cash buyers and this trend continued in the most recent numbers, with cash purchases accounting for a mere 26.2 percent of December transactions — far below the Dec. 2013 cash buyer record of 59.5 percent.


The challenge for Las Vegas real estate investors is twofold, with both low inventory and high prices making it difficult to find deals. Distressed properties — which normally provide the bulk of opportunities for investment — have reached near-historic lows, accounting for only 0.6 percent of transactions in December, half of the level from a year prior.


Here’s what it takes to create successful investment options in a highly competitive market like Las Vegas:


Look For Fixer-Uppers


The bright spot of opportunity for investors comes from their ability to tap into a network of contractors and subcontractors to make repairs to fixer-uppers — properties that don’t get much love from traditional buyers. Deferred maintenance or significant damage can leave current homeowners unable to afford the cost of getting a home market-ready, opening the door for a savvy investor to negotiate.





Look For Undervalued Markets


A solid understanding of micro markets within larger markets can offer opportunities for investors to target improvements in desirable locations. Combined with proactive outreach to landlords and absentee owners, this can result in an off-market purchase with more favorable terms for the investor.


Look For Emerging Markets


Home in on markets that have seen recent zoning changes, infrastructure development announcements, and strong job growth to determine where shortfalls in inventory might be developing. Looking ahead at the way the market is changing allows investors to make deals before the area is on other investors’ radar.


Look For Multi-Unit Opportunities


Convert That Single-Family Home to a Multi-Family Dwelling: For investors who are pursuing a buy-and-hold strategy, the chance to turn a single-family home into multiple units — either through reconfigured floorplans, finishing unfinished square footage, or the addition of an accessory dwelling unit (ADU) — may offer the ability to double or triple the income potential of an investment.


Consider a Home With Casita or Guest Suite: We cant stay on top of the requests for a Las Vegas home with a casita or guest suite. Whether its for a family member or a short term rental, this flexible type of property can offer the mortgage subsidy or investment income youre seeking.





Look For Chances To Diversify


Investors who are heavy into flips may balance their portfolio with buy-and-hold opportunities.


Those who are focused on long-term rentals may want to look for the chance to own short-term Airbnb getaways (where zoning allows) as well. Diversification allows investors to weather market fluctuations while continuing to build their holdings. Check out our extensive post, Rules for Short-Term Rentals in Las Vegas, if youd like more information.


Success as a real estate investor requires the help of a strong team. Working with the right real estate professional opens the door to a network of affiliated pros in finance, repair, law, marketing and more. In addition, it gives both new and experienced investors access to market insights that help them accomplish their goals.


5 Factors That Will Impact the 2025 Las Vegas Real Estate Market


Recent years have shown that the only thing that’s certain is uncertainty. However, there are a few elements that will determine what kind of year the Las Vegas housing market — and Las Vegas homeowners — will experience.


1. Interest Rates


A December jobs report put the kibosh on projected interest rate drops, at least in the near term. That means good news for cash buyers and bad news for buyers depending on financing. However, much of the pent-up demand for homes may require home buyers to make moves, even if it’s at a higher rate than they had anticipated.


The result is a reduction in affordability, meaning that buyers may have to look for more modest homes with fewer bells and whistles in order to accommodate the higher cost of financing. For those who had planned to upsize due to life changes, this may put a crimp in their planning. However, those who intend to downsize or to tap into their home’s growth in equity for a cash purchase will be at an advantage in the 2025 real estate market.


2. Home Prices


Home prices have consistently held steady with measured growth replacing the exponential growth of the pandemic years. Despite predictions of a real estate bubble, the only real movement seems to be a slower level of growth, which is projected to continue in the year ahead.


To take full advantage of increasing home values, homeowners should consult with their trusted real estate advisor to determine what repairs, improvements, updates and upgrades will best enhance their home’s value and keep it market-ready in case they plan to sell in the future. This is especially important for luxury homeowners, since luxury home trends tend to develop more quickly than those in more modestly priced home segments.


3. Inventory Levels


Tight inventory has kept home prices elevated and shows no sign of loosening up anytime soon. In many markets, however, sellers appear to have recovered from the interest rate sticker shock of the post-pandemic years, resulting in a relaxation of inventory in some areas.


Challenges to inventory come from a variety of factors, including the regulatory environment in certain markets and build-for-rent new construction taking scarce resources and construction personnel away from market-ready homes for sale. Improvements in inventory, especially for affordable housing suitable for workforce and first-time home buyers, will be needed to bring balance back to many markets. 


4. New Construction


Aside from its ability to boost inventory, new construction offers a two-for-one impact through interest rate breaks and builder-provided incentives. That makes Las Vegas new construction homes a popular choice for buyers who have been frustrated with the dearth of inventory options and the ever-increasing impacts of 2024’s mortgage rate roller coaster.


In addition to the lack of ongoing inventory growth, destruction of housing stock from 2024’s climate change-related events like the Southeast’s back-to-back hurricanes and the current LA wildfires means that much of the new construction materials and expertise will be focused on rebuilding decimated existing housing stock rather than improving overall inventory levels.


5. Luxury Market Growth


One of the few sectors where the real estate market shows significant inventory growth is in the Las Vegas luxury homes niche. With single-family luxury home inventory experiencing 19.6 percent growth and luxury condos and townhomes inventory up by 11.7 percent, demand for luxury residences continues to show promise.


In addition, according toThe Institute for Luxury Home Marketing, the 2024 end-of-year slowdown that occurs in most markets missed the luxury market at large. Add to that the strong pace of end-of-year sales and luxury homes in Las Vegas continue to show significant upside potential.


All in all, there’s a lot to smile about when it comes to Las Vegas real estate, both for those entering the market and for those who are already property owners. Opportunities abound, whether you’re looking for investment opportunities, considering a move to Las Vegas, or buying a forever home in or near one of the country’s most exciting cities.


Leslie Hoke Helps You Navigate The Las Vegas Real Estate Market


Maybe you’re an out-of-town buyer trying to plan an upcoming real estate purchase. Perhaps you’re a seller who wants to know what your home’s worth in this market. You could be a Las Vegas real estate investor looking for your next deal. On the other hand, you may be a Las Vegas homeowner just trying to keep your finger on the pulse of the Las Vegas real estate market.


Whatever your situation, Las Vegas’ favorite real estate agent and luxury expert, Leslie Hoke, offers the insights you need to help you plan ahead for what’s next and make sense of the numbers.


Get in touch today to find out what we can do to make your real estate goals a reality. Feel free to call: (702) 321-1763.


Helpful Links


Here are a few helpful links that may assist in your search for a Las Vegas home or condo:




Las Vegas homes for sale


Las Vegas condos for sale


Homes in 55+ or retirement communities


Las Vegas luxury homes


Homes with a Casita


New Construction homes for sale


Homes in Golf Communities


Homes with a Pool


 ]]> </description>
            <pubDate>Tue, 21 Jan 2025 10:10:00 -0800</pubDate>
        </item>
        <item>
            <guid>https://www.lasvegashomesbyleslie.com/blog/las-vegas-top-selling-subdivisions.html</guid>
            <link>https://www.lasvegashomesbyleslie.com/blog/las-vegas-top-selling-subdivisions.html</link>
                        <author>lesliehoke@lasvegashomesbyleslie.com (Las Vegas Homes By Leslie)</author>
                        <title>Las Vegas Top-Selling Subdivisions</title>
            <description> <![CDATA[ 



Guide to Las Vegas Most Popular Subdivisions


In 2024, the following neighborhoods in Las Vegas have emerged as some of 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, weve listed some of the most popular Las Vegas communities from January to December, 2024 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 point. If youre contemplating a move to Las Vegas and you require further information about these or other areas in Las Vegas Valley, just contact Leslie Hoke, your Las Vegas Realtor, for expert advice. Its important that you find the perfect fit when youre looking for a new Las Vegas home.


2024 Top Selling Communities in Las Vegas






Canyon Gate


Centennial Hills


Coronado Ranch


Desert Shores




Highlands Ranch


Iron Mountain Ranch


Lone Mountain


Los Prados




Mountains Edge


Nevada Trails


Painted Desert


Peccole Ranch




Providence


Queensridge


Rhodes Ranch


Siena




Silverado Ranch


Skye Canyon


Southern Highlands


Spanish Trail




Spring Valley


Stallion Mountain


Summerlin


Sun City Summerlin




The Lakes







Canyon Gate


Canyon Gate is an upscale residential subdivision located in the western portion of Las Vegas in zip code 89117. Known for its gated community and luxurious amenities, Canyon Gate real estate offers a mix of single-family homes and townhouses. The neighborhood is characterized by its beautifully landscaped streets, tree-lined sidewalks, and well-maintained properties. Residents enjoy access to a private golf course, tennis courts, a clubhouse, and a swimming pool. The community is also conveniently located near shopping centers, restaurants, and entertainment options, making it an ideal choice for those seeking a high-end lifestyle with easy access to urban amenities.


Sales History for Canyon Gate Homes


The following data represents the 2024 sales history for homes in Canyon Gate, Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$549,000


$2,375,000


$1,314,506


95


3,627






Search Canyon Gate Homes for Sale






Centennial Hills


Centennial Hills is a rapidly growing master-planned community situated in northwest Las Vegas. The neighborhood offers a diverse range of housing options, including single-family homes, townhouses, and apartments, making it suitable for families, young professionals, and retirees alike. Centennial Hills is known for its family-friendly atmosphere and community-oriented environment. Residents have access to numerous parks, playgrounds, and walking trails, providing ample opportunities for outdoor activities. The area is also home to several shopping centers, schools, and healthcare facilities, ensuring convenient access to essential amenities within the neighborhood. Homes in Centennial Hills are located in the following zip codes: 89166, 89131, and 89149.


Sales History for Centennial Hills Homes


The following data represents the 2024 sales history for homes in Centennial Hills, Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$318,500


$2,994,999


$585,117


99


2,284






Search Centennial Hills Homes for Sale



Coronado Ranch


Coronado Ranch is a well-established residential subdivision located in southwestern Las Vegas in the 89139 zip code. The neighborhood features a mix of single-family homes and townhouses, offering a range of housing options to suit different preferences and budgets. Coronado Ranch boasts a well-maintained and landscaped environment, with tree-lined streets and community parks. Residents enjoy amenities such as walking paths, playgrounds, and sports courts. The subdivision is conveniently located near shopping centers, restaurants, and entertainment venues, providing residents with easy access to a variety of amenities. With its proximity to major transportation routes, homes in Coronado Ranch offer a convenient location for commuters working in different parts of Las Vegas.


Sales History for Coronado Ranch Homes


The following data represents the 2024 sales history for homes in Coronado Ranch Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$340,000


$1,500,000


$665,253


98


3,124






Search Coronado Ranch Homes for Sale



Desert Shores


Desert Shores is a unique waterfront community nestled in northwest Las Vegas in the 89129 zip code. This lakefront subdivision is built around a series of man-made lakes, providing residents with picturesque views and a serene environment. Desert Shores real estate offers a mix of housing options, including single-family homes, townhouses, and condos, catering to different lifestyles and preferences. The lakeside setting offers residents the opportunity to enjoy activities such as boating, fishing, and lakeside picnics. The community also features a beach club with a swimming pool, spa, and sand volleyball courts. Desert Shores is known for its strong sense of community and hosts various events and activities throughout the year, fostering a vibrant neighborhood atmosphere. Additionally, homes in Desert Shores are conveniently located near shopping centers, schools, and parks, ensuring residents have easy access to essential amenities.


Sales History for Desert Shores Homes


The following data represents the 2024 sales history for homes in Desert Shores, Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$250,000


$2,200,000


$683,378


98


2,367






Search Desert Shores Homes for Sale






Highlands Ranch


Set against a backdrop of the Red Rock Canyon and majestic mountains, Highlands Ranch features a peaceful and tranquil setting. Homeowners have some of the finest parks, golf courses hiking trails and interconnecting paths at their doorstep. Houses for sale in Highlands Ranch were built in 2009 up to 2024, so the potential for a newer home is possible. Real estate in Highlands Ranch is located in the 89139 zip code.


Sales History for Homes in Highlands Ranch, Las Vegas


The following data represents the 2024 sales history for homes in Highlands Ranch, Las Vegas:


     



Min


Max


Average


Sale/List


Avg SF




$193,000


$949,900


$569,883


99


2,698






Search Highlands Ranch, Las Vegas Homes for Sale



Iron Mountain Ranch


Iron Mountain Ranch is a charming, northwest Las Vegas subdivision offering residents a peaceful and family-friendly environment. Located in zip codes 89131 and 89143 , Iron Mountain Ranch is known for its stunning views of the surrounding mountains and the nearby Floyd Lamb Park at Tule Springs. Its proximity to varied amenities makes Iron Mountain Ranch an especially attractive place to live. Residents can enjoy easy access to shopping centers, restaurants, and entertainment options. The housing options in Iron Mountain Ranch consist of single-family homes with spacious yards, providing ample space for families and outdoor activities.


Sales History for Homes in Iron Mountain Ranch


The following data represents the 2024 sales history for homes in Iron Mountain Ranch, Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$375,000


$1,130,000


$557,913


93


2,529






Search Iron Mountain Ranch Homes for Sale



Lone Mountain


Lone Mountain is a picturesque subdivision, characterized by stunning views of the Lone Mountain peak, which serves as a prominent landmark in the area. This northwest Las Vegas neighborhood offers a mix of housing options, including single-family homes and townhouses, catering to a variety of lifestyles. Residents of Lone Mountain enjoy a quiet and serene atmosphere, away from the hustle and bustle of the city. The community is known for its well-maintained parks, walking trails, and open spaces, providing ample opportunities for outdoor activities. With its convenient access to shopping centers, schools, and recreational facilities, Lone Mountain is an appealing place to live for families and individuals seeking a peaceful suburban lifestyle. Homes in Lone Mountain are found in the 89129 zip code.


Sales History for Homes in Lone Mountain


The following data represents the 2024 sales history for homes in Lone Mountain, Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$309,000


$5,300,000


$826,947


98


2,626






Search Lone Mountain Homes for Sale



Los Prados


Los Prados is an established golf community situated in zip code 89130. This northwest Las Vegas subdivision features a beautiful golf course, which serves as the centerpiece of the neighborhood. Real estate in Los Prados offers a range of housing options, including single-family homes and townhouses, many of which enjoy scenic golf course views. Residents of Los Prados can take advantage of the communitys golf club, which provides an array of amenities such as a clubhouse, swimming pool, and tennis courts. Homes in Los Prados are known for well-maintained landscaping with charming tree-lined streets, creating a serene and inviting ambiance. With its close proximity to shopping centers, restaurants, and easy access to major highways, a home in Los Prados offers a desirable combination of peaceful living and convenient amenities.


Sales History for Homes in Los Prados


The following data represents the 2024 sales history for homes in Los Prados, Las Vegas:


     



Min


Max


Average


Sale/List


Avg SF




$300,000


$675,000


$431,806


97


1,875






Search Los Prados Homes for Sale






Mountains Edge


Mountains Edge is a thriving master-planned community located in the southwestern part of Las Vegas, encompassing zip codes 89178 and 89179. The subdivision is surrounded by the picturesque backdrop of the Spring Mountains, offering breathtaking views. Mountains Edge is known for its well-designed neighborhoods, featuring a mix of single-family homes, townhouses, and apartments. The community boasts an extensive network of parks, trails, and open spaces, providing ample opportunities for outdoor recreation. Residents can also enjoy amenities such as community centers, swimming pools, and playgrounds. Homes in Mountains Edge are conveniently situated near shopping centers, schools, and dining options, making it a popular choice for families and individuals seeking a vibrant and family-friendly neighborhood.


Sales History for Homes in Mountains Edge


The following data represents the 2024 sales history for homes in Mountains Edge, Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$340,000


$1,250,000


$523,360


99


2,195






Search Mountains Edge Homes for Sale



Nevada Trails


Nevada Trails is located in southwest Las Vegas, in the 89113 Zip Code. This master-planned community, known for its palm tree-lined streets, has wide appeal, catering to families, singles and retirees. Just a lovely place to call home, Nevada Trails features over 20 acres of parks and interconnected walking/biking trails. Residents have convenient access to several golf courses, the 215 Beltway, Downtown Summerlin, the Las Vegas Strip, and McCarran International Airport.


Sales History for Homes in Nevada Trails, Las Vegas


The following data represents the 2024 sales history for homes in Nevada Trails, Las Vegas:


     



Min


Max


Average


Sale/List


Avg SF




$390,000


$1,495,888


$721,932


99


2,947






Search Nevada Trails, Las Vegas Homes for Sale






Painted Desert


The gorgeous Painted Desert Golf Course provides the centerpiece of the neighborhood and provides the backdrop for the luxury estates, duplex style villas, condominiums of all sizes, and the new custom homes that are available in the community. Many homes have views of the course’s breathtaking mix of desert and traditional green landscaping. Residents are in close proximity to dining options, entertainment, great schools as well as freeway access. A sought after gated, golf community in Las Vegas, Painted Desert is located in the 89149 zip code.


Sales History for Homes in Painted Desert, Las Vegas


The following data represents the 2024 sales history for homes in Painted Desert, Las Vegas:


     



Min


Max


Average


Sale/List


Avg SF




$365,000


$1,000,000


$604,915


97


2,277






Search Painted Desert, Las Vegas Homes for Sale






Peccole Ranch


Peccole Ranch is a sprawling master-planned community located in the southwest part of Las Vegas, in zip code 89117. Perfect for families, the neighborhood is known for its well-manicured streets, lush landscaping, and extensive walking trails. Peccole Ranch real estate offers a variety of housing options, including single-family homes and townhouses, showcasing modern and elegant architectural designs. The community features several parks, tennis courts, and walking paths, providing residents with opportunities for outdoor activities and leisure. Youll also find one of the largest Disc Golf courses in the city here. Peccole Ranch homes are situated conveniently, with easy access to shopping centers, restaurants, and entertainment venues. Its close proximity to major highways and employment centers makes it an attractive choice for professionals and families looking for a prestigious and well-connected neighborhood.


Sales History for Homes in Peccole Ranch


The following data represents the 2024 sales history for homes in Peccole Ranch, Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$355,000


$875,000


$565,839


99


2,102






Search Peccole Ranch Homes for Sale






Providence


Providence is a popular master-planned community located in the northwest part of Las Vegas, with zip codes including 89166 and 89149. Known for its well-designed neighborhoods and family-friendly atmosphere, Providence offers a range of housing options, from single-family homes to townhouses and condominiums. The community features tree-lined streets, pocket parks, and open spaces, creating a charming and welcoming environment. Providence also boasts extensive recreational amenities, including community centers, swimming pools, playgrounds, and walking trails. Residents can enjoy easy access to schools, shopping centers, and dining options, making it a convenient place to live. With its emphasis on a high quality of life and strong sense of community, a home in Providence is an ideal choice for families and individuals seeking a well-planned and thriving neighborhood.


Sales History for Homes in Providence


The following data represents the 2024 sales history for homes in Providence, Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$345,000


$965,000


$494,007


99


2,166






Search Providence Homes for Sale



Queensridge


The luxury, guard-gated community of Queensridge, spans 800 acres in west Las Vegas Valley, right next to Summerlin, in the 89145 Zip Code. Real estate in this exclusive neighborhood consists of over 600 luxurious European styled homes ranging from under 2,000 square feet to over 20,000 square feet. Winding, tree-lined roads lead to the elegantly designed community clubhouse that features a variety of resident amenities. Swimming pools, fitness center, spas, a conference center, green belts, parks, and landscaped gardens are all found in the Queensridge community.


Sales History for Homes in Queensridge, Las Vegas


The following data represents the 2024 sales history for homes in Queensridge, Las.


     



Min


Max


Average


Sale/List


Avg SF




$499,900


$6,500,000


$1,505,797


97


4,077






Search Queensridge, Las Vegas Homes for Sale



Rhodes Ranch


Rhodes Ranch is a highly sought-after master-planned community located in southwest Las Vegas, in zip code 89148. The subdivision is known for its beautiful landscaping, lush green golf course, and gated entrances, providing a sense of exclusivity and security. Rhodes Ranch offers a variety of housing options, including single-family homes and townhouses, featuring modern and stylish designs. The community boasts a stunning golf course designed by renowned architect Ted Robinson, which serves as a centerpiece for recreational activities. Residents can also enjoy amenities such as a clubhouse, fitness center, swimming pools, and walking trails. Rhodes Ranch is conveniently situated near shopping centers, schools, and major roadways, making it a desirable choice for families and golf enthusiasts seeking a luxurious and well-appointed neighborhood.


Sales History for Homes in Rhodes Ranch


The following data represents the 2024 sales history for homes in Rhodes Ranch, Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$350,000


$1,300,000


$607,595


99


2,499






Search Rhodes Ranch Homes for Sale






Siena


Siena is an elegant and gated age-restricted community located in the master-planned community of Summerlin, Las Vegas. Designed specifically for active adults aged 55 and older, Siena offers a resort-style living experience. This Las Vegas golf community features a championship golf course, designed by renowned architect Schmidt-Curley, providing an exceptional golfing experience. Siena offers a range of housing options, including single-family homes and attached villas, catering to the needs and preferences of its residents. The community boasts a luxurious clubhouse with numerous amenities, including a fitness center, swimming pools, tennis courts, and dining facilities. Residents of Siena can also enjoy social clubs, organized activities, and classes tailored to their interests. With its meticulously maintained landscaping, exclusive amenities, and a strong sense of community, Siena is an attractive choice for active adults seeking an upscale and vibrant living environment. Siena homes are found in zip code 89135.


Sales History for Homes in Siena


The following data represents the 2024 sales history for homes in Siena, Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$460,000


$2,300,000


$826,260


97


2,206






Search Siena Homes for Sale



Silverado Ranch


Silverado Ranch is a vibrant and diverse community located in southeast Las Vegas, with zip codes of 89123 and 89183. The subdivision is known for its convenient location and a wide range of housing options, including single-family homes, townhouses, and apartment complexes. Silverado Ranch also offers a plethora of amenities and services, including shopping centers, restaurants, and entertainment venues, providing residents with easy access to everyday conveniences. The community features several parks, playgrounds, and sports fields, promoting an active and family-friendly lifestyle. Silverado Ranch is well-connected to major highways, making it a desirable choice for commuters and professionals. With its affordable housing options and a wide array of amenities, Silverado Ranch real estate is a popular choice for individuals and families looking for a well-established and diverse neighborhood.


Sales History for Homes in Silverado Ranch


The following data represents the 2024 sales history for homes in Silverado Ranch, Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$285,500


$1,350,000


$515,421


99


2,054






Search Silverado Ranch Homes for Sale



Skye Canyon


Skye Canyon is a scenic master-planned community situated in northwest Las Vegas, encompassing zip codes 89166 and 89143. Known for its natural beauty and outdoor recreational opportunities, Skye Canyon offers a variety of housing options, including single-family homes and townhouses. The community features an extensive trail system, providing residents with opportunities for hiking, biking, and exploring the surrounding mountains. Skye Canyon also boasts community parks, playgrounds, and a state-of-the-art fitness center. The neighborhood is home to Skye Canyon Park, a 15-acre facility with sports fields, an amphitheater, and a splash pad. Residents can enjoy easy access to shopping centers, restaurants, and schools, making Skye Canyon real estate an appealing choice for families and individuals seeking an active and nature-oriented lifestyle.


Sales History for Homes in Skye Canyon


The following data represents the 2024 sales history for homes in Skye Canyon, Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$405,000


$1,199,995


$617,307


99


2,425






Search Skye Canyon Homes for Sale



Southern Highlands


Southern Highlands is an upscale, gated master-planned community located in south Las Vegas. The subdivision is known for its elegant architecture, meticulously maintained landscaping, and exclusive amenities. Southern Highlands offers a range of housing options, including luxury estates and custom-built homes, catering to the affluent market. The community features a championship golf course, designed by renowned golfer Robert Trent Jones Sr., which attracts golf enthusiasts from around the area. Residents can also enjoy amenities such as a clubhouse, fitness center, swimming pools, and parks. Southern Highlands homes are situated in zip code 89141, in close proximity to shopping centers, fine dining establishments, and entertainment venues, providing residents with a convenient and high-end living experience.


Sales History for Homes in Southern Highlands


The following data represents the 2024 sales history for homes in Southern Highlands, Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$370,000


$8,800,000


$1,035,336


98


3,002






Search Southern Highlands Homes for Sale



Spanish Trail


Spanish Trail is a prestigious golf community known for its exclusive atmosphere, luxury homes, and world-class golf facilities. Spanish Trail features three championship golf courses designed by Robert Trent Jones Jr., providing residents with an unparalleled golfing experience. Situated in southwest Las Vegas, with a zip code 89113, the community offers a variety of housing options, including custom-built estates and townhouses, showcasing exquisite architecture and stunning views. Spanish Trail boasts a clubhouse, tennis courts, swimming pools, and walking trails, providing residents with a range of recreational opportunities. The neighborhood is conveniently located near shopping centers, restaurants, and major highways, making it an attractive choice for affluent individuals seeking a prestigious and secure living environment.


Sales History for Homes in Spanish Trail


The following data represents the 2024 sales history for homes in Spanish Trail, Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$660,000


$4,575,000


$1,434,336


97


3,593






Search Spanish Trail Homes for Sale






Spring Valley


Spring Valley is a well-established and diverse neighborhood located in western Las Vegas, with zip codes including 89147 and 89148. The subdivision offers a wide range of housing options, including single-family homes, townhouses, and apartment complexes, catering to diverse lifestyles and budgets. Spring Valley is known for its convenience and proximity to a variety of amenities. The neighborhood features numerous shopping centers, restaurants, and entertainment venues, providing residents with easy access to everyday conveniences. Spring Valley also offers several parks, recreational facilities, and community centers, promoting an active and family-friendly lifestyle. With its central location and affordable housing options, Spring Valley real estate is a popular choice for individuals and families seeking a well-rounded and established community.


Sales History for Homes in Spring Valley


The following data represents the 2024 sales history for homes in Spring Valley, Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$280,000


$2,750,000


$553,857


99


2,071






Search Spring Valley Homes for Sale



Stallion Mountain


Stallion Mountain is a gated golf community known for its tranquil atmosphere, lush landscaping, and a stunning golf course. Situated in southeastern Las Vegas, in zip code of 89122, Stallion Mountain offers a mix of housing options, including single-family homes and townhouses, showcasing modern designs and spacious layouts. The community features a championship golf course, designed by Jeff Brauer, which serves as a major attraction for golf enthusiasts. Residents can also enjoy amenities such as a clubhouse, fitness center, swimming pools, and tennis courts. Stallion Mountain is conveniently located near shopping centers, dining options, and major roadways, providing residents with easy access to everyday necessities. With its peaceful surroundings and golf course lifestyle, Stallion Mountain real estate is an appealing choice for individuals seeking a relaxed and upscale living experience.


Sales History for Homes in Stallion Mountain


The following data represents the 2024 sales history for homes in Stallion Mountain, Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$321,000


$585,000


$405,061


98


1,680






Search Stallion Mountain Homes for Sale



Summerlin


Summerlin is one of the most sought-after master-planned communities in Las Vegas. Bordering the western edge of Las Vegas Valley, Summerlin is known for its upscale living and high-quality amenities. It offers an extensive choice of housing options, from luxurious estates to modern condominiums, catering to diverse preferences. Residents of Summerlin enjoy a high standard of living with access to top-notch schools, world-class golf courses, well-maintained parks, and numerous recreational facilities. Downtown Summerlin boasts an unparalleled shopping experience with restaurants, entertainment venues, and even a Farmers Market. With its well-planned infrastructure, beautiful landscaping, and a strong sense of community, Summerlin is an exceptional place to call home in Las Vegas.


Sales History for Homes in Summerlin


The following data represents the 2024 sales history for homes in Summerlin, Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$225,000


$35,000,000


$1,141,019


98


2,637






The following Summerlin communities were also extra popular in 2024:




Crested Canyon at Kestrel


Eagle Rock at the Canyons


Heritage at Stonebridge


Regency at the Cliffs, Luxury Adult Homes


Summerlin West


The Ridges at Summerlin




Search All Summerlin Homes for Sale






Sun City Summerlin


Sun City Summerlin is a vibrant and active adult community located in Summerlin, Las Vegas, in zip code 89134. Designed for residents aged 55 and older, Sun City Summerlin offers a resort-style living experience. The subdivision features a wide range of housing options, including single-family homes and attached villas, catering to different preferences and budgets. Sun City Summerlin boasts a diverse selection of amenities and activities, including golf courses, fitness centers, swimming pools, tennis courts, and social clubs. Residents can also enjoy recreational facilities such as walking paths, parks, and community centers. The community is conveniently situated near shopping centers, restaurants, and medical facilities, ensuring that residents have easy access to all necessary amenities. With its active and engaging lifestyle, Sun City Summerlin is an ideal choice for active adults looking for a vibrant and close-knit community.


Sales History for Homes in Sun City Summerlin


The following data represents the 2024 sales history for homes in Sun City Summerlin, Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$325,000


$1,449,900


$575,394


98


1,731






Search Sun City Summerlin Homes for Sale



The Lakes


The Lakes is a tranquil and picturesque community known for its beautiful man-made lakes, scenic walking paths, and well-maintained parks. Located in west Las Vegas, in zip code of 89117, real estate in The Lakes offers a mix of housing options, including single-family homes, condos and townhouses, many of which enjoy lakefront views. Whether one desires a waterfront property with stunning lake views or a comfortable townhome nestled amidst lush greenery, the choices are here. The Lakes is prized for its emphasis on outdoor living and recreational activities. The communitys beautiful man-made lakes serve as the centerpiece, providing a serene and picturesque backdrop for residents to enjoy. Scenic walking paths wind their way around the lakes, inviting residents to take leisurely strolls and immerse themselves in the natural beauty of the surroundings. The well-maintained parks within The Lakes offer lush green spaces, perfect for picnics, family gatherings, or simply unwinding amidst natures tranquility.


Sales History for Homes in The Lakes


The following data represents the 2024 sales history for homes in The Lakes, Las Vegas.


     



Min


Max


Average


Sale/List


Avg SF




$370,000


$2,500,000


$582,884


98


2,143






Search The Lakes Homes for Sale






The above information is based on data retrieved from Greater Las Vegas Association of REALTORS® for properties sold from January 1, 2024 to December 31, 2024
 ]]> </description>
            <pubDate>Fri, 17 Jan 2025 13:14:00 -0800</pubDate>
        </item>
        <item>
            <guid>https://www.lasvegashomesbyleslie.com/blog/buying-a-luxury-home-in-las-vegas-what-you-need-to-know.html</guid>
            <link>https://www.lasvegashomesbyleslie.com/blog/buying-a-luxury-home-in-las-vegas-what-you-need-to-know.html</link>
                        <author>lesliehoke@lasvegashomesbyleslie.com (Las Vegas Homes By Leslie)</author>
                        <title>Buying a Luxury Home in Las Vegas? What You Need to Know</title>
            <description> <![CDATA[ 



Key Insights for Buying Luxury Real Estate in Las Vegas


Buying a luxury home or condo in Las Vegas is one of the most exciting and financially impactful processes you can undertake, and there’s no better time than now to begin your search. That’s because, while the demand for luxury goods, overall has declined, the demand and value of luxury homes continues to reach new heights.


In times of economic, political and cultural uncertainty, real estate offers a haven for luxury buyer dollars, and you can view my latest Las Vegas market report that covers why. Because of this, luxury real estate has become one of the brightest spots in the housing market, offering the following:




Wealth preservation: As a stable and tangible investment that tends to provide resilience to economic downturns, upscale real estate helps to preserve and grow homeowners’ net worth.


Portfolio diversification: Luxury real estate helps to reduce the risks associated with economic change by diversifying investment portfolios and improving potential liquidity.


Inflation hedge: Because property prices tend to rise along with inflation, owning a high-end property helps to protect total asset value when currency is devalued.


Privacy and security: For high net worth individuals, the gated and staffed communities and advanced security features associated with exclusive estate properties provide additional privacy and security.


Generational wealth transfer: Tax policies often allow luxury properties to pass down to heirs with minimal tax burden, preserving wealth for future generations.




Aside from all of these reasons for buying an upscale home in Las Vegas, luxury properties are fun From the iconic locations to the innovative designs to the region’s extraordinary community amenities, there’s no place like Vegas for purchasing an exclusive property that’s sure to be cherished for generations to come.


If you’re considering buying an upscale home in Las Vegas, you’ll want to think about both your near-term enjoyment of the property itself and its long-term potential impact, including growth in value and importance. Today’s well-designed home could become tomorrow’s iconic legacy property, conveying your elevated taste and sophisticated style to future generations of Las Vegas residents and its many annual visitors.





5 Considerations When Buying a Luxury Home or Condo in Las Vegas


Buying a luxury home comes with its own set of unique considerations, especially given Las Vegas’ one-of-a-kind reputation and role on the global stage. Here’s what to think about as you start your search:


The Ideal Location


Think about what’s drawing you to Las Vegas when determining where to set down roots. Are you interested in wide-open desert spaces? Golfing and other active lifestyle amenities? The glitz and glamour of the Las Vegas strip? Your main lifestyle focus will help your luxury agent determine the right neighborhood or high-end building that’s just right for your new luxury home.


Custom Features and Upscale Amenities


From smart home features to resort-style outdoor areas, wine cellars to rooftop terraces, determining which features matter most in your day-to-day life can help you develop a wishlist of must-haves, nice-to-haves and custom options for your new home. That will allow your buyer’s agent to curate a list of properties that resonate with you from the first visit.





Privacy and Security


Guard-gated communities, privacy-enhancing landscape design, and the smartest monitored security systems are all considerations when choosing your home in Las Vegas. Talk with your luxury buyer’s agent about your specific requirements to ensure that your home feels safe and secure.


Energy efficiency and climate adaptation


With its desert climate, energy efficiency and desert-friendly landscaping are essential. Solar panels and green building design can ensure both increased comfort and cost efficiencies throughout the year and throughout your home. Your buyer’s agent will be an expert in local builders and designers who favor climate-sensitive design and construction.


Long-Term Investment Potential


Ask your buyer’s agent to research historical home value trends for the neighborhoods you’re considering. In addition, consider the impact that architecturally unique or important properties can have on your luxury home’s value in the years ahead.


Thinking about buying in one of Las Vegas’ many luxury enclaves or high-rise condos? Contact Leslie for a buyer consultation to learn more about the area and the home purchase process for your luxury property.


If you’re looking for some inspiration to get you started, here are some of the most exclusive addresses in Las Vegas Valley for luxury homes and highrises overlooking the Las Vegas Strip. Just click on the links to view current listings for sale in each:


Ultra Luxury Neighborhoods in Las Vegas




Anthem Country Club


Ascaya


MacDonald Highlands


The Summit Club


Lake Las Vegas


Lake Las Vegas South Shore


Seven Hills


Southern Highlands


Spanish Trail




Summerlin:




The Ridges


Country Club Hills


Tournament Hills




Luxury Highrise Condominiums




Allure


One Queensridge Place


Panorama Towers


Park Towers


Waldorf Astoria


Sky Las Vegas


Turnberry Place


Veer Towers





Changes in the Buyer’s Agent Process


In recent months, you may have seen media coverage about changes to the way buyer’s agents are compensated for their representation. Much of that information has been incorrect or poorly understood by mainstream journalists who aren’t experts in the real estate industry.


Here are a few things to know about Leslie Hoke’s buyer’s agent representation and the things you’ll discuss with her early in your home search process:




As your buyer agent, Leslie’s fiduciary responsibilities are focused on your interests alone, with dedicated buyer services including luxury market analysis, property search and selection, contract and contingency negotiation, and guidance all the way through the closing process.


You’ll have a buyer representation agreement in place before viewing properties. That protects both you and your buyer’s agent and sets expectations that will form the foundation of your working relationship.


In order to ensure transparency, as part of the buyer representation agreement you’ll discuss Leslie’s commission — both the amount and the payment process.


Leslie will provide you with a professional market analysis to help you understand the area(s) you’re interested in and create a realistic idea of the value of your ideal property.


You’ll learn more about negotiation strategies that will be relevant to your property search, especially in the case of highly in-demand neighborhoods and homes.


You’ll get a better understanding of the escrow and closing processes so that you feel confident about the way your purchase will unfold — and you’ll have a chance to get those early questions answered.


 ]]> </description>
            <pubDate>Wed, 08 Jan 2025 13:46:00 -0800</pubDate>
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