www.LuxuryHomeMarketing.com LAS VEGAS NEVADA Home of the CLHMS TM 2023 SEPTEMBER
22 4 21 21 29 35 30 33 59 73 42 62 52 74 53 1 2 4 1 0 5 5 8 11 17 8 21 14 21 20 $9,300,000+ $7,600,000 - $9,299,999 $6,100,000 - $7,599,999 $5,100,000 - $6,099,999 $4,300,000 - $5,099,999 $3,500,000 - $4,299,999 $2,900,000 - $3,499,999 $2,500,000 - $2,899,999 $2,100,000 - $2,499,999 $1,700,000 - $2,099,999 $1,500,000 - $1,699,999 $1,300,000 - $1,499,999 $1,200,000 - $1,299,999 $1,100,000 - $1,199,999 $1,000,000 - $1,099,999 Inventory Sales Square Feet3 -RangePrice -Median SoldBeds -Median SoldBaths -Median SoldSold -TotalInventory -TotalSales Ratio -Sold/Inventory0 - 1,999 NA NA NA 0 7 0% 2,000 - 3,499 $1,145,000 4 3 36 148 24% 3,500 - 4,999 $1,365,000 4 4 74 237 31% 5,000 - 6,499 $2,500,000 5 5 17 109 16% 6,500 - 7,999 $5,237,500 5 5 8 59 14% 8,000+ $8,175,000 6 8 3 50 6%
SINGLE - FAMILY HOMES LUXURY INVENTORY VS. SALES | AUGUST 2023 Luxury Benchmark Price 1: $1,000,000 Seller's Market 610 Total Inventory: 138 Total Sales: 23% Total Sales Ratio2: 1 The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer's < 14.5%; Balanced >= 14.5 to < 20.5%; Seller's >= 20.5% plus. If >100% MLS® data reported previous month’s sales exceeded current inventory.
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LAS VEGAS SINGLE - FAMILY HOMES