All Blog Entries by Las Vegas Homes By Leslie

Las Vegas Real Estate Market Heating Up!

This quick look at the market trends for Las Vegas real estate in February 2019 shows stats are on the rise. With 3 months of inventory, more new listings, and rising prices for homes and condos, this is definitely a good time to be buying or selling a home, condo or townhouse in Las Vegas.

Stats provided by GLVAR, the Greater Las Vegas Association of Realtors.

Las Vegas Single Family Homes

By the end of February, the Las Vegas real estate market for single-family homes had 3 months worth of inventory, a 57.9% increase over last year. Pending Sales were up 1.7% and Average Sales Prices were up 3.7%. Homes sat on the market a little longer, 49 days, but still received over 98% of the asking price.

You’ve decided 2019 is the year to sell your place and look for your next Las Vegas dream home. There’s just one problem, after a few years of collecting this and that, your house is filled to bursting with stuff.  Before you even think of staging your home for sale, packing up for the big move, or doing any updates, you need to declutter.

Like most of us, you probably find the process of sorting through, and parting with your collections a little bit overwhelming. It doesn’t have to be! Follow the suggestions below to help move you through the process with less stress and more inspiration.

Parting With "The Stuff"

But how do you decide what goes and what stays? And what do you do with the things you plan to remove?

Don’t get caught up

What are the Top Selling Master-Planned Communities in Las Vegas?

Master-planned communities in Las Vegas are among the most popular lifestyle choices for home buyers. Laden with amenities, located close to schools, entertainment, shopping, medical facilities and highway access, they are a logical choice for a Las Vegas house.

Here were the 20 most popular Las Vegas master-planned communities in 2018 based on number of sales. There are a good range of average selling prices, from the low $300,000s to just over $600,000 - so something for everyone. The average days on the market was 55 days or less, making them an attractive investment.

Top 20 Las Vegas Master-Planned Communities Listed by Average Selling Price

These are the top selling

2018 was an interesting year for real estate in Las Vegas.

In 2017, the Las Vegas real estate market was in full recovery mode, climbing to heights we never predicted, and creating a robust sellers market. When the clock turned to 2018, the market started to level off, becoming more realistic and much more conducive to buyers. Home sales decreased somewhat, creating a more balanced market, and condo and townhome sales remained steady.

Las Vegas real estate across the board slowed down toward the end of 2018 with increasing home prices and predictions of interest rate hikes. This is the worst time to be sitting on the fence. If you see a home purchase in your near future, visit a bank or broker and lock in the best rate, now.

Las Vegas Single

Downtown Summerlin Luxury

If you’ve always wanted to live the Downtown Summerlin lifestyle but did not want the responsibilities that come with homeownership, you will love Tanager. The new 267-unit Howard Hughes Corp. rental project across from the Downtown Summerlin mall is named as a tribute to the Curtiss Model 54 Tanager airplane built in 1929. Under construction now, the complex is expected to begin leasing in early 2019.

Tanager continues the Aviation Row theme that was begun in 2015 with the first area’s first luxury apartment complex, Constellation, which was named in honor of a plane built by Lockheed Corporation. Constellation, a 124-unit gated luxury rental residence complex, creates an oasis of vibrant modern one- and two-bedroom

Brand New Homes Unveiled by Toll Brothers in January 2019

Mesa Ridge

We've been eagerly awaiting the opening of Mesa Ridge, a new gated enclave of 322 homes in Summerlin. Close to the Mesa Village, and backing onto the Spring Mountain ridgeline, this community will afford incredible views and executive homes.

Here is the initial unveiling for these three brand new homes by Toll Brothers in Mesa Ridge:

Mesa Ridge - Sky View Collection

From $935,995 - $971,995
3 - 4 Bedrooms | 3 - 4 Baths 3,624 - 4,164 Square Feet

Mesa Ridge - The Peak Collection

From $935,995 - $971,995
3 - 4 Bedrooms | 3 - 4 Baths 3,624 - 4,164 Square Feet

Mesa Ridge - View Point Collection

From $789,995 - $845,995
3 - 4 Bedrooms | 3 - 4 Baths 4,319 - 4,692

Congratulations to These NEW Las Vegas Homeowners!

Four happy homeowners rang in the new year in style when they purchased their Las Vegas dream homes. Congratulations to you all, I hope you'll be very happy in your new houses.

1050 Sierra View Court, Paradise Hills, Las Vegas

What a gorgeous 4-bedroom, 2,986 sqft home with upstairs loft. There's plenty of room for a large family here in a quiet community with easy freeway access. View other homes for sale in Paradise Hills

1908 La Calera Avenue , Eldorado, North Las Vegas

This 5-bedroom, 3,539 sqft home has a spacious loft, a huge kitchen, and the biggest pantry I've ever seen. There's a lovely mountain view off the master balcony. View other homes for sale in Eldorado

KB Home ProjeKt design. Photo courtesy of BuilderOnline.com.

Is your family's health and well being important to you? In this new millennia we are taking better care of ourselves and becoming active partners in our health and well-being. One big part of that is where we live. Wouldn’t it be nice if our home could become an active member of our family’s wellness team? Sound futuristic? With the new KB Home ProjeKt smart home model, tomorrow is on its way here today.

Located in the Henderson master-planned community of Inspirada, ProjeKt is an exciting new construction project by Las Vegas builder, KB Homes. Ideal  for those seeking an active lifestyle, the community features 85 acres of walking paths, interactive parks, and open space. Learn more

Las Vegas New Construction Coming Soon, or Selling NOW

The following Las Vegas builders have just announced homes are now selling or coming soon in these subdivisions. Click through to get details on specific models and pricing.

Pardee Homes

• Escala, Henderson: $937.5K - $1M

American West Homes

• Rainbow Crossing, Las Vegas: $419,500 - $586,500

Toll Brothers

• Concord at Cadence, Henderson: $410K - $455K

D.R. Horton

• Altair Pointe, North Las Vegas: $270K - $300K
• Capella Pointe, North Las Vegas: $305K - $340K
• Carina Pointe, North Las Vegas: $323K - $349K
• Gemini Pointe, North Las Vegas: $337K - $365K
• Polaris Pointe, North Las Vegas: $420K - $475K
• The Estates at Tomiyasu, Las Vegas: $1M -

Las Vegas is Trending Toward a Buyer's Market

Overall, this October demonstrated a nice recovery from the slower months in late summer. One big change is apparent; there are definite signs that the Las Vegas real estate scene is trending toward a Buyer's Market. This is pretty big news, considering the lengthy Seller's Market that has sustained itself for the past year. 

Here are some of the indicators that the market is tilting slightly more favorably toward buyers:

• Months supply of inventory has been on the rise each month, and up 21.7% from October 2017
• An increase in new listings
• Number of closed sales decreased -18% since the spring
• The number of days on market is on the rise, 32 in October and as low as 25 last July
• The