Four homes over one million dollars sell every day in the Las Vegas Valley. What does this mean for you as a luxury homeowner? When conversing with homeowners, we often find them asking the same questions: Is it the right time to buy or sell? Why are homes selling so fast? What does this mean for home pricing? Let us talk about it!

Is it the right time to buy or sell? 

Out of State Buyers

With over 90 percent of our buyers relocating from California, we are seeing a new influx of money coming to Las Vegas. Many of these home buyers have determined that Las Vegas homes are a bargain versus where they currently live. The time to sell your luxury home has never been better. One question you must ask yourself is where are you going to go? Moving to a new city can bring on a sense of stress and worry. A few factors to consider are where your kids will be going to school, finding the most desirable area for your wants and needs, and determining if moving to a desert climate is right for you. The majority of buyers flocking to Las Vegas are restarting their lives and are willing to pay a premium for turn-key homes. Moving somewhere new means meeting new people. Oftentimes buyers find themselves searching for local contractors and having no idea where to start. Couple that with the stresses of moving and a remodel seems to be out of the question almost entirely. If out of state buyers align themselves with a true home professional, the worries of finding new contacts vanish. A true home professional will have a list of contractors and other local contacts waiting for you. If you are not afraid of a little remodeling, sell your turn-key home for a premium dollar and let us get started!

Local Buyers

Luxury real estate trends of 2018 and 2019 consisted of homeowners downsizing while many of the luxury market became empty nesters who wanted less space to worry about. Following the trends of 2020, companies were forced to shut their doors, leading to an influx of people working from home. Homeowners are now wanting extra space for family, home school, and home office. If you are looking to downsize, now might be a great time to sell and get top dollar for your home while these trends last. With life starting to normalize and business beginning to reopen, will these trends remain the same? Will families continue to gather, will people go back to work in the office, will our children go back to school? These are all valuable questions to ask yourself while considering the size of your next home. It is better to get in front of the trends, rather than being one step behind. 

Through the midst of it all, whether you are looking to buy or sell your home in Las Vegas or out of state, Luxury Homes of Las Vegas has brokers, agents, contractors, and an extensive contact list at your disposal. Let us lead you through this journey of luxury.

Tyler Brady, Realtor, Luxury Homes of Las Vegas,  Tel: 702-888-2352