http://vegasrealtorstevemakesithappen.com/blog/categoryname_las-vegas-housing-market/sort_entrydatetime-desc/  Why Summer Is One of Real Estate´s Busiest Seasons96 sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } .forceBgColor{background-color: white !important}?Summer has always been one of the most active seasons in real estate, and there’s a reason for that. School is out for summer, longer daylight hours, warmer weather, and more buyers and sellers entering the market at the same time can all create more activity.But this summer, two factors are especially important to understand: inventory and pricing. For buyers, summer can bring more fresh listings. For sellers, summer can still offer strong pricing opportunities when the home is positioned correctly. More Fresh Options for Buyers One of the biggest challenges buyers have faced in recent years is finding the right home at the right price. Summer can help with that.According to Realtor.com data, summer months typically bring about 32% more fresh listings than the average month from September through December. That means buyers may have more homes to choose from before inventory slows later in the year. More new listings can create a better chance of finding a home that fits your needs, budget, and timing. More choices: Fresh summer inventory can expand your options.Better timing: Moving before fall may help you avoid a slower listing season.More clarity: Seeing more homes can help you compare value, location, and price more confidently.Stronger Seasonal Pricing for SellersFor sellers, summer can also create an important advantage. According to data from the National Association of Realtors, homes sold during a summer month usually sell for about 4% more than homes sold during the typical month from September through December.That does not mean sellers should overprice their home. It means summer activity can create stronger visibility and better opportunities when the home is priced realistically and presented well. Summer can be a strong window for sellers, but strategy still matters.More active buyers: Summer buyers often have timelines tied to school, work, or family schedules.Better exposure: More market activity can bring more attention to your listing.Smart pricing matters: Seeing more homes can help you compare value, location, and price more confidently.A Season of Opportunity Summer does not guarantee a perfect market, but it does bring seasonal advantages that can matter for both buyers and sellers. Buyers may see more options, while sellers may benefit from stronger seasonal pricing and motivated activity. Understanding how inventory and pricing typically shift during this season can help you make a more informed decision. Thinking about making a move this season? Contact me today to discuss your real estate goals. ?Our Premier Service Companies? ©2026 Coldwell Banker Premier Realty. All rights reserved. Coldwell Banker Premier Realty upholds the principles of the Fair Housing Act and the Equal Opportunity Act. If your home is listed with another REALTOR®, please disregard. It is not our intention to solicit the offerings of other brokers. http://vegasrealtorstevemakesithappen.com/blog/21554/why-summer-is-one-of-real-estate´s-busiest-seasons/ Thu, 09 Jul 2026 10:02:58 -0800 Las Vegas high-rise condominiums continue to command strong pricing, with multiple sales exceeding $1,000 per square foot and another $10 million-plus transaction recorded in March. Several buildings stand out among the existing inventory. Over the past 12 months, Waldorf Astoria Las Vegas has recorded 19 sales above $1,000 per square foot. Within CityCenter, Veer Towers has posted two such sales, while Sky Las Vegas, Park Towers, and One Queensridge Place have each recorded at least one sale above that threshold.From a broader statistical perspective, half of all high-rise sales closed above $430 per square foot, and the 90th percentile reached $725 per square foot, underscoring sustained buyer confidence in the product type.The average year built of condos sold in the past 12 months was 2004, making much of the traded inventory nearly a generation old. Well-maintained properties and those with significant renovations continue to achieve pricing premiums, particularly in established luxury buildings. Developments within CityCenter maintain especially strong operational standards.New projects are redefining the market. Cello Tower, located within Symphony Park, is part of a mixed-use master plan that introduces true walkability and integrated urban convenience rather than functioning as a standalone tower. Residences are currently offered from the low $800,000s, with penthouses priced from $7.7 million.Four Seasons Residences Las Vegas represents a different but compelling model, with some very large residences. As the region’s second branded residential tower, it offers a more suburban hillside setting in Henderson. The project includes multiple eight-figure offerings and contracts, highlighted by an 8,403-square-foot, 24th-floor residence currently marketed at $35 million.While prior-generation inventory continues to perform well in premium buildings, Las Vegas is entering a new vertical development cycle. For the first time in decades, the skyline is being reshaped by condominium construction, and few markets offer a stronger combination of luxury urban product and emerging mixed-use integration. Over the next ten years, this shift will fundamentally redraw the residential map of Southern Nevada. The valley's identity — historically a patchwork of single-family master-planned suburbs — will evolve into a network of dense, amenity-rich urban villages where renters and buyers increasingly prioritize connection, comfort, and convenience in a single place/ The result: a Las Vegas where vertical, mixed-use living isn't an alternative to suburban life, but the defining feature of the city's next residential era. http://vegasrealtorstevemakesithappen.com/blog/21492/high-rise-condominium-market-evolving/ Thu, 30 Apr 2026 03:19:41 -0800 Thus far in 2026, luxury single-family homes defined as those priced above $1 million have recorded 469 closings. That represents an increase of nearly 16% compared to the same period in 2025, even as total market sales are down almost 2%. Luxury transactions now account for nearly 9% of all sales, up from 7.4% last year.At the very top end, the prime segment consisting of homes selling above $3 million now comprises approximately 1% of all transactions. Just five years ago, that figure was only 0.3%. The expansion of this ultra-high-end tier is particularly notable.A common narrative attributes this growth primarily to tax-motivated migration from California. While tax considerations certainly play a role, the broader migration story is more nuanced. Many Californians relocating out of state are moving to places like Texas, which captures 14.1% of outbound moves according to MoveBuddha, often driven by corporate and employment opportunities. Nevada captures a smaller but meaningful share, nearly 5% of California’s outbound moves.Proximity to California is an advantage, but in our experience affluent buyers choosing Las Vegas are not doing so solely for tax reasons. Increasingly, the draw is lifestyle. Residents maintain convenient access to California’s coastal and cultural amenities while enjoying a growing list of local offerings. Wellness-oriented home features such as private spas, fitness spaces, resort-style pools, and expansive outdoor kitchens are highly sought after. Championship golf communities and expanding cultural institutions, including the Smith Center for the Performing Arts and the forthcoming Las Vegas Museum of Art, further enhance the city’s appeal.Topography also plays a significant role. Las Vegas offers dramatic elevation changes that allow builders to create homes with sweeping views of the Strip or the surrounding mountains. Many contemporary designs intentionally integrate with the natural terrain, maximizing view corridors and indoor-outdoor living. In addition, guard-gated communities provide privacy and security, attributes that are especially important to high-net-worth homeowners.In 2026, we have already seen exceptional properties trade at prices as high as $22.5 million, or roughly $3,000 per square foot. There have been seven sales above $10 million in premier communities such as The Summit Club, MacDonald Highlands, Ascaya, The Ridges, and Southern Highlands.In summary, while Nevada’s favorable tax regime remains an important driver, it is no longer the sole explanation for luxury market growth. Las Vegas has developed a luxury housing market that stands on its own, defined not just by tax efficiency but by lifestyle, design, and place.  SINGLE FAMILY HOME SALES EXCEEDING $3 MILLIONSource: LVR.To see more market data on this housing segment, see our Prime Luxury Report for March.Prime Luxury Market Report Migration Data: Californian Invasion: The 10 States California Residents Want to Move to Most in 2026 http://vegasrealtorstevemakesithappen.com/blog/21468/luxury-home-sales-continue-to-outperform-the-broader-market/ Tue, 07 Apr 2026 09:13:23 -0800 ?Spring is one of the busiest times in real estate, and according to recent insights, one specific week stands out as the best time to list a home. As the market enters this seasonal window, both buyers and sellers have an opportunity to take advantage of increased activity. Why Timing Matters in the Spring Market Each year, buyer demand tends to rise as we move into spring. Warmer weather, longer days, and the desire to move before summer all contribute to more people actively searching for homes. At the same time, not all sellers list at once. That creates a window where demand is strong, but competition hasn’t fully peaked, giving well-timed listings an advantage. What This Means for Sellers  Listing during this peak week can help position your home in front of the largest pool of active buyers: More exposure: Increased buyer activity means more eyes on your listingStronger interest: Homes may attract more showings and attentionBetter positioning: Listing before inventory peaks can reduce competitionThis timing can play an important role in how quickly a home sells and how much interest it generates. What This Means for BuyersFor buyers, this seasonal window brings more opportunity as well:More homes coming to market: Inventory tends to increase during this timeMore choices: A wider selection can make it easier to find the right fitMore activity overall: Buyers should be prepared for a competitive but active marketBeing ready and informed can help buyers navigate this busy season with confidence.A Key Moment in The MarketThis “best week to list” reflects how seasonal patterns continue to shape the housing market. It’s not about timing the market perfectly, but about understanding when activity is at its highest and how that can impact both buyers and sellers. The Impact of Timing Whether you’re thinking about buying or selling, this upcoming window is worth paying attention to. As activity increases, both sides of the market can benefit from understanding how timing influences demand, competition, and opportunity. Connect with me today to start a conversation about your real estate needs.   ?Our Premier Service Companies? ©2026 Coldwell Banker Premier Realty. All rights reserved. Coldwell Banker Premier Realty upholds the principles of the Fair Housing Act and the Equal Opportunity Act. If your home is listed with another REALTOR®, please disregard. It is not our intention to solicit the offerings of other brokers. http://vegasrealtorstevemakesithappen.com/blog/21465/the-best-week-to-list-is-almost-here/ Thu, 02 Apr 2026 06:32:29 -0800  96 sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } .forceBgColor{background-color: white !important}?The latest Las Vegas Real Estate Report revealed an important shift in the local housing market. After years of rapid growth and pandemic-era activity, the market is now entering a more balanced phase where supply, pricing, and buyer behavior are beginning to normalize. Inventory Is Rising One of the most noticeable changes has been inventory growth, giving buyers more options and creating greater competition among sellers. As inventory expanded, sellers faced increased competition not only from other listings, but also from homebuilders offering incentives and mortgage rate buydowns to attract buyers. Mortgage Rates Influenced Buyer Activity Mortgage rates played a major role in shaping buyer activity throughout the year. Higher borrowing costs slowed transactions during much of the traditional buying season. Toward the end of the year, mortgage spreads improved and rates began trending lower, a shift that could help support future housing activity. Migration Continues Supporting Housing DemandPopulation trends continue to support long-term housing demand in Southern Nevada. Migration remains positive, with California markets continuing to serve as a major source of new residents moving to the region. Key Takeaways from the 2025 Market Median price for existing single-family homes: $470,000 at the end of 2025.Housing inventory expanded roughly 20% year-over-year, giving buyers more options.Mortgage rates improved toward year-end, moving closer to 6% as spreads narrowed.Los Angeles remained the largest source of new residents, representing about 35% of inbound moves.Luxury housing continues to grow, highlighted by a top residential sale of $25.25 million in 2025. A Market Moving Toward Balance Overall, the Las Vegas housing market is transitioning into a more sustainable cycle. Buyers are seeing more opportunities, sellers are adjusting expectations, and long-term fundamentals such as migration and lifestyle appeal continue to support housing demand across the valley. Read the full report to learn more about the trends shaping the Las Vegas housing market and what they could mean moving forward.  READ THE FULL REPORT ?Our Premier Service Companies? ©2026 Coldwell Banker Premier Realty. All rights reserved. Coldwell Banker Premier Realty upholds the principles of the Fair Housing Act and the Equal Opportunity Act. If your home is listed with another REALTOR®, please disregard. It is not our intention to solicit the offerings of other brokers. http://vegasrealtorstevemakesithappen.com/blog/21457/the-las-vegas-real-estate-report/ Thu, 12 Mar 2026 06:48:09 -0800