Nearly 87 percent of previously owned single-family homes that sold in May had been on the market for 30 days or less, up from about 64 percent of the house sales in January.
red hot housing
Builders reported 1,085 net sales in Southern Nevada in May, the second consecutive month-to-month drop and the lowest tally this year.
Anthony Hsieh, founder of mortgage firm LoanDepot, bought a newly built mansion in the Henderson foothills.
U.S. homebuilders’ sales fell to its slowest pace in a year last month, and resales dropped for the fourth consecutive month. And it’s no different in Southern Nevada.
Living in a single-family home downtown has its appeal as lot sizes tend to be on the larger side, and homes may offer some intriguing architectural and design features.
A spread of land once owned by Siegfried Roy is now home to a rare sort of real estate project in Southern Nevada: an infill housing tract.
Salt Lake County’s median price on a single-family home inched past the $500,000 mark in March and then reached $535,000 last month, new data shows.
The transaction comes as the Las Vegas Valley continues its record-setting luxury sales pace in 2021.
The typical rental rate of a Las Vegas-area home shot up 17 percent year-over-year in May.
Rock musician Carlos Santana has put his investment property in The Ridges in Summerlin on the market for $2.795 million, just about two years after purchasing it.
A Las Vegas homeowner is accepting cryptocurrency in addition to other forms of payment for their $5.8-million home in The Ridges in Summerlin.
Southern Nevada’s housing market is dominated by single-family homes, but there are plenty of condos and townhouses, which have also sold rapidly amid Las Vegas’ homebuying frenzy.
Resale totals have fallen the past two months, and available inventory has climbed for three straight months as house prices keep setting all-time highs.
Here’s a look at some of the most expensive homes now for sale in Las Vegas.
Buyers picked up 3,189 previously owned single-family homes — the bulk of the market — in May, down 9.6 percent from April but up 87.3 percent from May 2020, a new report shows.
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