Category: Las Vegas High Rise Condos

A trio of Las Vegas master-planned communities are again some of the top-selling nationwide this year.

Leading the way locally is the 3,500-acre Mountain’s Edge development in the southwest valley, with 599 home sales in the first half of 2013, third-best total in the country, according to a new report from real estate advisory firm RCLCO.

The 1,200-acre Providence community in northwest Las Vegas ranked fifth nationally with 461 home sales during that time. And Summerlin, the 22,500-acre project that runs along the western rim of the valley, was No. 9 with 357 deals.

Mountain’s Edge had 948 home sales in all of 2012, fifth-best nationwide. Providence was No. 6 with 760 home sales and Summerlin was No. 12 with 471 sales.

via 3 Las Vegas planned communities among top in nation for home sales – VEGAS INC.

Las Vegas Valley home values kept soaring last month, far outpacing most of the country.

The region’s median home value was $151,600 in July, up 31 percent from a year earlier, according to a new report from Seattle-based housing data firm Zillow.

Las Vegas’ year-to-year growth rate was second-fastest among the 30 markets tracked in the report. Sacramento was first at 33 percent.

via Another month, another rise in Las Vegas home values – VEGAS INC.

Despite an expected slowdown, Las Vegas housing prices keep going up.The median price of a previously owned single-family home sold in Southern Nevada last month was $180,000, up 35 percent from $133,000 a year earlier, according to a new report from the Greater Las Vegas Association of Realtors.Sales prices have now climbed 17 of the past 18 months after bottoming out in January 2012, at $118,000. According to research firm CoreLogic, Nevada home prices are the fastest-rising in the country.“We keep expecting these price increases to slow down at some point, but it hasn’t happened yet,” GLVAR President Dave Tina said.

via Las Vegas home prices continue steady rise, surprising experts – VEGAS INC.