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LVR reports median price at $450,000 for July

LVR reported that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service during July was $450,000. That’s up 2 percent from June, but down 3.2 percent from $465,000 in July of 2022. Local home prices are still below the all-time record of $482,000 set in May of 2022.

Southwest Gas donates water heaters to charity

Southwest Gas announced the donation of 20 water heaters to Rebuilding Together Southern Nevada, a nonprofit organization that provides critical home repairs to low-income seniors, veterans and individuals with disabilities.

Demand for Vegas ultra luxury remains strong

Despite a national report that highlighted luxury listings in Las Vegas fell 36 percent during the second quarter — the largest decline in the nation — the valley’s luxury market continues to remain elevated in the ultra luxury category as evidenced by former MGM Resorts International CEO Jim Murren’s Summerlin home under contract after being listed for $17.75 million.

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Cadence has good showing in midyear sales

The second quarter of 2023 provided a bit of a rebound for builders compared to a year ago. There were 2,930 net sales in the April through June period, a 15.7 percent increase over the 2,531 in the second quarter of 2022. The net sales were also up 9.7 percent from the 2,669 in the first quarter.

Southern Highlands remodel lists for $1.4M

An estate reimagined to feature the only custom design of its kind in the Foothills community of Southern Highlands has hit the Las Vegas market for $1,399,900.

Tri Pointe opens town homes in Summerlin West

Joining the lineup of new-home neighborhoods in the master-planned community of Summerlin is Vertex by Tri Pointe Homes.

Bella Strada to open in Lake Las Vegas; grand opening slated for Aug. 12

On Saturday, Aug. 12, home shoppers are invited to visit Bella Strada’s brand new models from 10 a.m. to 6 p.m. Guests will enjoy model home tours, food truck fare from Slidin’ Thru and sweet pastries from popular Southern Nevada bakery Freed’s.

Homeowner says HOA doesn’t communicate well

First, there should be no issue for the management company to inform you as to the checklist that is used by the inspector.

Six Summerlin neighborhoods approach final inventory

In many cases, neighborhoods nearing close-out offer special opportunities for buyers including special pricing, extra upgrades and other incentives.

Juhl announces final home sales

Juhl, the loft-style high-rise condominium community, which spans an entire city block in downtown Las Vegas, has reached its final sellout phase with 93 percent now sold and only 26 condominium homes remaining.

 
Off-the-grid cabin lists for $1.2M

The home — powered by solar, propane and a Generac generator — is a self-sustainable off-the-grid property that provides all the conveniences of home.

 
Smart homes features limited only by homeowner’s imagination

Smart home products and services have evolved rapidly over the last 20 years to connect every niche of a luxury custom home with features limited only by the imagination of the homeowner.

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