Tagged : luxury Las Vegas real estate

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It’s no secret the luxury homes market in Las Vegas is hot right now. A popular area with an abundance of high-end homes for sale is the master-planned community of Summerlin in west Las Vegas. We decided to highlight five of the most high-value properties that, in our opinion, will bring you the most bang for your hard-earned dollar.

Luxury Homes in Summerlin

1. 26 Promontory Ridge Drive - The Ridges at Summerlin

This beautiful home in the Ridges at Summerlin boasts 12,500 square-feet of luxury living for a listing price of $7,999,999, which is $635 per square foot. Homes in the area with the same living space are generally priced for more than $9.8 million. This home has six bedrooms, four full baths (plus three half baths),and a custom

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Luxury home sales in Las Vegas are booming. YTD Sales have increased 57.3% from 2016. We only have a 13 month supply of inventory, about 24% less than the same time last year.  Percent of list price is 95% and homes average just 68 days on the market. The timing for buying or selling a luxury home in the Las Vegas market could not be better.

Year Over Year Comparison of Luxury Home Sales in Las Vegas

YTD luxury home sales in Las Vegas

Hottest Selling Luxury Neighborhoods in Las Vegas

These are the top selling Las Vegas luxury neighborhoods year to date. Red Rock Country Club in Summerlin and Southern Highlands were the top runners. Folks seem to love that combination of estate homes overlooking their favorite golf course. There is still a demand for the elite communities,

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