Thus far in 2026, luxury single-family homes defined as those priced above $1 million have recorded 469 closings. That represents an increase of nearly 16% compared to the same period in 2025, even as total market sales are down almost 2%. Luxury transactions now account for nearly 9% of all sales, up from 7.4% last year. At the very top end, the prime segment consisting of homes selling above $3 million now comprises approximately 1% of all transactions. Just five years ago, that figure was only 0.3%. The expansi... read more

? Spring is one of the busiest times in real estate, and according to recent insights, one specific week stands out as the best time to list a home. As the market enters this seasonal window, both buyers and sellers have an opportunity to take advantage of increased activity.   Why Timing Matters in the Spring Market  Each year, buyer demand tends to rise as... read more

Another strong signal for where Las Vegas is heading. Red Ridge Development’s plan to start construction this spring on its luxury high-rise in Symphony Park reflects more than one project moving forward. It reflects continued confidence in the long-term future of vertical residential development in urban Las Vegas. As land becomes more constrained and the city continues to mature, well-positioned high-rise and mixed-use product in the right locations should only become more relevant. From a developer service... read more

Contour Homes, a locally owned and operated homebuilder, has officially broken ground on its newest residential product line, Dovetail, marking a significant step forward in delivering feature-filled, attainable housing across the Las Vegas Valley. The inaugural Dovetail community will be located near Decatur Boulevard and Lake Mead Boulevard in Northwest Las Vegas, with additional locations planned throughout the Valley. The groundbreaking event brought together local leadership, development partners, and indust... read more

The traditional benchmark of six months of supply as a “balanced” housing market likely no longer applies—particularly in Las Vegas. A more accurate measure of balance is price behavior. Prices reflect the combined effects of supply and demand, and periods of stable or sideways movement suggest equilibrium. Over the past 24 months, median single-family home prices have generally ranged between $465,000 and $489,000, with multiple stretches of flat or minimally changing values. During this same pe... read more