Las Vegas Home Sales – Recent Las Vegas Homes Sales
Recent data indicates some improvement in Las Vegas Home Sales. In May 2011, the Las Vegas Metro area saw homes sales of 3,931 units, up from just above 3,653 from May 2010. The median sales price increased over the month of April, as well registering slightly above 126,000.
While there was a noticeable increase in the sale of Las Vegas Houses compared to previous months and the same period of the previous year, the improvement in the market of Las Vegas Condos For Sale was more robust: there was a 14% increase in Las Vegas condo sales compared to May 2010.
In general, both houses for sale in Las Vegas and condos for sale in Las Vegas tend to be younger, more modern than those offered for sale in other parts of the United States. This is because the Las Vegas Metro Area underwent a huge development boom over the last few decades with a significant amount of new construction happening in the 1990s and first few years of the new millennium. As a result, Las Vegas homes offer many features and amenities that come at a premium price in other regions: modern construction materials, contemporary designs and décor, energy-saving solutions and equipment. Many of these features will have a lasting, long-term impact on the ongoing cost of ownership of these homes.
Apart from the advantages of the properties themselves, the surroundings of Las Vegas homes, the communities themselves are rarely matched by those found in other US regions. The Las Vegas Metro Area can boast of many award-winning master-planned communities that have been designed and developed with extensive recreational amenities and other conveniences that make these communities ideal places to live a fulfilling and active life in.
While currently many of the superb master-planned communities of Summerlin and Henderson seem a bit less desirable due to the glut of inventory available there, Summerlin homes or Henderson NV real estate properties located in the most carefully designed and constructed communities will always offer a lifestyle that cannot be easily found elsewhere.
Lifestyle and an extremely high level of services and amenities offered are also unique differentiating factors for Las Vegas condos. Coveted condos around the Strip that once sold for 7-digit prices can now be purchased at discounts of 50-60%. The attractions and the amenities offered remain the same: buildings are careful to maintain the high level of service and conveniences offered. Condos are becoming increasingly popular with foreign investors, as well: Japanese and Canadian buyers feel attracted to the unparalleled opportunities of Las Vegas that can now be secured long-term access to at never-before-seen low prices.