📊Official Market Report|Updated Monthly|MLS Data Verified

Las Vegas Luxury HomeMarket Report 2024

Current Luxury Market Status

247

Luxury Homes

$1.8M

Avg Price

18

Days on Market

+14.2%

Appreciation

Las Vegas Luxury Market Overview

Comprehensive analysis of the current luxury real estate landscape

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Price Appreciation

+14.2%

Year-over-year luxury home price growth

Market Speed

18 Days

Average time luxury homes stay on market

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Inventory Levels

2.1 Months

Current months of luxury inventory available

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New Construction

34 Homes

Luxury new construction available

Neighborhood Market Analysis

Detailed breakdown by luxury neighborhood

The Ridges

Avg Price:$2.3M
Days on Market:12
Appreciation:+15.2%
Inventory:18

Red Rock Country Club

Avg Price:$2.1M
Days on Market:14
Appreciation:+12.3%
Inventory:23

Tournament Hills

Avg Price:$1.6M
Days on Market:16
Appreciation:+11.8%
Inventory:15

Southern Highlands

Avg Price:$1.9M
Days on Market:19
Appreciation:+13.1%
Inventory:28

Current Luxury Market Inventory

Browse the latest luxury properties available in Las Vegas

Expert Market Insights

Dr. Jan Duffy's analysis of current market conditions

For Luxury Buyers

The current luxury market offers exceptional opportunities for discerning buyers. With inventory levels at 2.1 months and strong appreciation trends, now is an optimal time to invest in Las Vegas luxury real estate.

The Ridges and Red Rock Country Club continue to lead in price appreciation, while new construction options provide modern amenities and customization opportunities.

Recommendation: Act quickly on desirable properties as the luxury market continues to show strong demand and limited supply.

For Luxury Sellers

Luxury sellers are experiencing favorable market conditions with strong buyer demand and competitive pricing. The average 18 days on market indicates high market velocity for properly priced luxury properties.

Strategic pricing and professional staging can maximize returns in this competitive environment. The luxury market continues to favor sellers with premium properties in desirable locations.

Recommendation: Price competitively and invest in professional presentation to capitalize on current market conditions.

Get Your Complete Market Report

Download the full 2024 Las Vegas Luxury Market Report with detailed analysis, neighborhood breakdowns, and expert insights from Dr. Jan Duffy.