What’s Driving Vegas Luxury Sales? - December Luxury Real Estate Update!
With 122 luxury properties sold last month at an average price of $1.97 million, the market shows no signs of cooling off with the temperatures. These high-end homes spent an average of just 48 days on the market, highlighting the swift turnover. Currently, there are 142 luxury homes pending sale and 819 homes priced above $1 million available, offering a diverse range of choices for discerning buyers.
For those with a taste for ultra-luxury, 41 homes are currently listed between $10 and $32 million, epitomizing the pinnacle of opulence. Last month's standout sale was an extraordinary 9,049-square-foot residence with breathtaking golf course views in The Ridges, featuring 7 bedrooms and an $11,250,000 price tag. Another remarkable sale was a 9,311-square-foot estate, also on the golf course in The Ridges, sold for $10,000,000.
Las Vegas continues to attract high-end buyers with competitively priced properties and significant tax advantages. Whether you're buying or selling, the market offers exciting opportunities this holiday season. Have a wonderful holiday season, and I look forward to assisting you in your real estate journey in 2025!
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Cynthia Cartwright
REALTOR, ABR, SRS
CR Luxury Group @ Simply Vegas
NV Lic S.51592
☎️ 702-204-1100
📩 cclvagent@gmail.com
🌐 CRLuxuryGroup.com
📺 cynthiacartwrightlvrealestate
▶️ cynthiacartwrightlvrealestate
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