Las Vegas Sold Homes & Real Estate

The Las Vegas real estate market has been a non-stop adventure this summer. Homes and condo prices have skyrocketed to highs unlike anything we've ever seen. The luxury home market in Las Vegas for new and existing homes is also increasing. We're seeing new builder homes, such as the new "Raider's Stadium" clone mansion by owner Mark Davis; and the record $32.5 million mansion for sale in Henderson's Ascaya community. In addition, rental prices are creeping out of reach for many, with a shortage of new inventory. Help is on the way, with several new rental developments in the works.

Here is the latest news and highlights for the Las Vegas real estate market up to August 2021:

• Las Vegas Home and Condo Prices
• Mark Davis Raider's Mansion

At one time, you were hard-pressed to find a condo to buy in Summerlin. But, over the past few years, the condo/townhome market in Summerlin has been steadily growing and has resulted in a desirable location for maintenance-free housing. Whether you're seeking an age qualified building, an ultra-luxury condo, or just entering the real estate market, there are properties here to suit every lifestyle.

Summerlin condo residents also have the benefit of a plethora of amenities, parks, schools and recreation facilities that Summerlin is famous for. Use our guide to navigate the 2021 Summerlin condo market and read more about:

• Snapshot of 2021 Summerlin Condo & Townhome Trends
• List of Popular condos and townhomes in Summerlin by price

Las Vegas Homes & Condos Flying Off the Shelves

Spring has sprung for these happy clients of Las Vegas Homes by Leslie who have just purchased or sold their homes, in record time. Now they can sit back, relax and enjoy their new homes in the summer months.

These houses were only on the market from 1 - 34 days, selling in record time, and in some cases over the asking price. The market is hot, low on sellers and high on buyers - if you have a Las Vegas home or condo you've been considering selling, now is the time.

SOLD after 1 DAY!

Townhomes in Las Vegas golf communities are flying off the shelves, and this 2-bedroom listing in Sun City, Summerlin was no exception. Only listed for one day, this clean, modern townhome sold itself.

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As of March 2021, the Las Vegas real estate market is probably one of the strongest seller's markets we've had in years. Home sales and average prices are setting record highs. At the same time, interest rates are hitting record lows which is fueling the market with buyers. Inventory availability is sitting at less than 6 months, as a result, we're seeing more multiple bid offers than ever. 

Here is a summary of the real estate stats for the Las Vegas Market as of March 2021, and see Tips for Buyers in this Strong Seller's Market below.

Single-Family Sales Spotlight- March 2021

Single-Family home sales were up 35.1% from March 2020, and 34.7% from February 2021

Average Price: $454,954 up 22.3%

New Listings: 3,566, down -1.1% from 2020

Las Vegas 55+ retirement communities are growing by leaps and bounds, with new neighborhoods being added all the time. New home builders such as Del Webb, Lennar, Shea Homes and Toll Brothers have dozens of new homes in development as we speak. Search latest New Builder Homes in Las Vegas Retirement Communities

This has also led to more variety in Las Vegas and Henderson retirement community market. Prices range from the low $200s to over $1 million, depending on your budget. As new communities come on board, each tries to outdo the other with a larger selection of amenities or a better golf course. It's the homebuyer that comes out ahead as a result of the expanded competition.

Henderson has become the 55+ capital with hotspots such as Sun City

2020 was a tumultuous year for real estate in Las Vegas as we hopped on the Covid roller coaster and hung on for our lives. There were sharp declines in March of 2020, but thankfully by late summer the market started to recover, and the year ended on a high note. Interest rates were too favorable to ignore and home and condo prices continued to increase. Eventually, buyers loosened their grip and re-entered the market. Hopefully, these signs of recovery will carry us well into the new year.

The following reports feature the Las Vegas market trends for single-family homes, condos and townhomes from 2019/2020:

2020 Las Vegas Single-Family Home Sales Highlights

A Research Tool Provided by the Greater Las Vegas Association of REALTORS®

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Average Cost of Buying in Top Las Vegas Master-Planned Communities

New master-planned communities in Las Vegas and Henderson are being added by leaps and bounds. Like mini-cities, they're self-contained with nearby shopping, new schools, parks and medical facilities.

Nevada master-planned communities gaining in popularity and climbing up the ranks in 2020 included Lake Las Vegas, Madeira Canyon, Legacy, and Centennial Hills, to name just a few.

2020 Top Las Vegas Master-Planned Communities Listed by Average Selling Price

These are the top selling communities in Las Vegas for 2020 including average selling price. Click on your desired property to view current listings, or browse all Las Vegas master-planned communities here 

Congratulations to these happy clients of Las Vegas Homes by Leslie who have purchased or sold their homes just in time for the holidays. Now you can relax and enjoy your new homes for the new year!

Two of these houses were on over one acre of land with the option of keeping a horse on the property. Larger homesites, still just a short drive to the Strip are becoming increasingly popular. Search Las Vegas homes for sale on large lots

The remaining home sold in just 3 days! It's a charming 2-bedroom in Tenaya 3, with lovely patio, pool and spa. View the large selection of Las Vegas homes with a swimming pool

November Home Sales in Las Vegas

November proved to be a busy month for home sales. Single-family home sales were up 25.9% from 2019

September 2020 Stats & Price Trends for Las Vegas Real Estate

Sales and price trends for Las Vegas real estate showed dramatic increases this September. Not only the number of sales, but property values, the percent of list price that sellers received and improvements to the number of days on the market. It was a "win win" for both buyers and sellers of Las Vegas Homes and condos.

Las Vegas Single-Family Home Sales

September closed home sales at 2,178 were up 18.4% from September 2019. What a boost that was! It was as though buyers jumped off the fence and said, "I'm in!" This, in spite of a 12.6% increase in average home prices - currently sitting at $405,641. Sellers received a record 99% of the average list price and homes only remained on

We'd love to thank these new home buyers and sellers from this past summer. It hasn't been an easy time to sell or shop for a home, but you've done it and we congratulate you!

SOLD After Only 1 Day on the Market - Home in The Lakes
9821 Cross Creek Way, Las Vegas, Nevada 89117

This great little home in The Lakes was listed, sold and ready to move in is just 23 days. A win - win for both buyer and seller.

View all homes for sale in The Lakes

SOLD after 4 Days! 1-Story Townhome
3560 Calvert Court, Las Vegas, Nevada 89121

This 3-bedroom, corner townhome in Braewood Heritage was so quick to sell. Not only was the residence full of lovely features, but the community has many great amenities and situated close to shopping and