Posts from August 11th, 2023
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Formula 1 Las Vegas Grand Prix paving continues with lane closures coming
Formula 1 Las Vegas Grand Prix paving continues with lane closures coming
By Mick Akers
The first Sphere portions of the Formula One Las Vegas Grand Prix circuit were paved over the weekend, with a bevy of road impacts planned over the next few months on the rest of the 3.8-mile track.
Crews will continue initial track paving operations through Sept. 1 on the publi...
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Mansion in Summerlin for sale, and you won't believe the price
Mansion in Summerlin for sale, and you won't believe the price
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Check out the Top 5 Luxury Home Features in Las Vegas! Do you agree with our list?
Check out the Top 5 Luxury Home Features in Las Vegas! Do you agree with our list?
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Your Monthly Real Estate Market Update for July, 2023
Your Monthly Real Estate Market Update for July, 2023
The median price for a single family home in the Las Vegas Valley went up $6,000 in July, going from $444,000 the previous month to $450,000. This matches the first time since last July that the median price has been the same or higher year over year, after experiencing a small price decrease from August 2022 to December 2022. The average sales price is also up year over year, from $549,950 last month to $569,962 in July 2023 (a 4.6% increase from last year).
Home prices are continuing to rise (although much more steadily than in 2021/2020) despite total sales being down, largely due to the fact that the inventory of homes on the resale market remains very low, currently there are only about 4,000 single family homes for sale in the Vegas Valley and only two months supply based on the cu...
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