After some chilly years, Las Vegas’ luxury housing market is heating up.There were 85 sales of million-dollar homes in the three months ending March 31, up from 39 deals in the same period last year, according to a report this week from Redfin, a real estate listing service.The homes sold for at least $1 million each. If sales continue at this pace, 2013 will be the best year by volume for Southern Nevada’s high-end housing market since the economy bottomed out.There were 194 sales of million-dollar homes last year, compared to 188 in 2011, 252 in 2010, 219 in 2009 and 352 in 2008, Redfin reported.Nationally, there were about 8,300 sales of million-dollar homes last quarter, up from 6,100 a year earlier.
via More and more million-dollar homes being snapped up in Las Vegas – VEGAS INC.
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