July 2013

Found 6 blog entries for July 2013.

Las Vegas Top 20 Golf courses - in a town with over 50 courses to choose from, I asked my partner, Michael Petit, to give me a list of his top 20 favorite courses and the reason why they're his favorite.   For the golfer who has a few weeks to spend in Las Vegas or the new Las Vegas/Henderson local, this guide will help you start finding your way around the best courses in town.

Las Vegas Top 20 Golf courses:

1) Paiute Golf Course - Located 40 minutes from the Strip just NW of Las Vegas.  Paiute offers three 18 hole courses - Wolf, Snow and Sun Mountain.  Secluded golf heaven with great facilities.  Always in excellent condition.  No houses come into play here!  Three of the very best courses you can find in the Vegas Valley.  My favorite 18th hole

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View from Balcony of 4575 Dean Martin Dr., #1205[/caption] 4575 Dean Martin, #1205 Panorama Towers High Rise Condo for Sale - Panorama Towers has established itself as one of the more popular high rise communities near the Las Vegas Strip.  The stylish buildings offer top notch amenities and a great location.  Residents can enjoy the complimentary limo service on a first come/first served basis.  Each Tower has its own gym with State of the Art equipment that is well maintained.  Each tower has their own swimming pool with nicely appointed common areas.  This is a guard-gated community.  An additional layer of security is provided by elevators that require fingerprints to enter your floor.

 4575 Dean Martin, #1205 Panorama Towers High Rise For Sale is

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Las Vegas Luxury Homes Market Update - June 2013

With the first half of 2013 behind us, we are seeing that conditions for the Luxury Homes segment of our Las Vegas real estate market are improving.  During the first six months of this year, we sold 142 homes that had a List Price of $1 Million or higher.  All but 11 of those homes actually SOLD for $1 Million and higher.  We're finding an increasing number of high end homes are selling close to list price and with fewer days on the market.

We currently have 280 homes with list prices of $1 Million or more.  That comes out to a year's worth of inventory, which is still somewhat of a buyer's market. To search all Las Vegas & Henderson Luxury homes currently listed for sale, click here.

The Las

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Summerlin NV Housing Market Update - July 2013   As of today, July 9th, we only have 356 single family homes available for sale in the Summerlin area (includes Queensridge & Peccole Ranch).  Condos and townhomes add another 57 options for buyers to consider for a total of 413 listings without accepted offers.  We sold 288 homes in June.

To see homes that are currently available in Summerlin, click here.

For those who remember the not too distant past where you could pick up homes for less than $150K, only five Summerlin area homes sold for $150K or less in June.  Two of those were short sales and one was a foreclosed home.  The lowest price was for a home in the Arbors of Summerlin.  The home at 1704 Remembrance Hill St. was a short sale that was

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Las Vegas Housing Market Update - July 2013.  It's been another month of homes that sell quick at higher prices.  I'm beginning to wonder if this monthly post should be renamed "the Las Vegas Housing Recovery Update".

As of this afternoon, July 6, we have 4014 Single family homes available without accepted offers.  An additional 1093 condos and townhomes are also listed for sale.  We currently have a total of 5107 homes for sale in the Greater Las Vegas MLS.  That's a slight increase over the past few months when we seldom saw more than 5000 homes listed for sale in Las Vegas. To search current Las Vegas homes for sale, click here.

In June, we sold 2899 single family homes and 598 condos/townhomes through the Las Vegas MLS for a total of 3497

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Las Vegas High Rise Market Update - July 2013 - Las Vegas high rise condos are still lagging behind the traditional housing market but they are also picking up steam.  As of today, we have 413 high rise condos available for sale in the Las Vegas MLS.  Click here to see all the condos currently available for sale.  In June, we sold 70 high rise condos through the MLS.  That translates into a six month supply of high rise condos for sale, which is a balanced market.

Only 16 of the current high rise condos are listed as short sales.  We currently have 7 high rise foreclosures for sale.  This includes a luxurious 8205 sf penthouse on the top floor of Tower 4 at Turnberry Place  with a price tag of $8,888,888.

More than the number of months of inventory

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