Home News Neighborhoods in Las Vegas with the most expensive home sales

Neighborhoods in Las Vegas with the most expensive home sales

by admin
0 comment

((((Stacker)-The market encountered another surprising statistic in April 2022 after house prices rose a record 16.9% nationwide in 2021. The median home sales price in 11 US metropolitan areas is currently over $ 500,000. The $ 500,000 average selling price index comes from an OJO Lab survey on home sales in March. Nationally, the average home selling price reached $ 392,750 as of mid-April 2022.

In historically wealthy cities and cities with more modest home prices, the trajectory is the same. Even if mortgage rates soar, prices will continue to rise. The cause of the soaring prices is reflected nationwide. The long-term housing shortage that began after the Great Recession was exacerbated by supply chain disruptions, making it difficult to procure construction materials and affecting virtually all housing markets. Another factor pushing up prices is the rise of investors who have entered the market. In many regions, including Charlotte, North Carolina, investment companies are buying a huge range of single-family homes.

In small cities and towns, the population is traditionally declining, with more households moving away from the big cities during a coronavirus pandemic and intensifying competition for housing. Record low mortgages were another reason for the explosive growth in buyer numbers, but in many metropolitan areas, rising mortgages haven’t helped much to delay the bidding war. It seems that.

Real estate platform ZeroDown analyzed home list data to identify the most expensive neighborhoods in Las Vegas based on homes sold between March 18, 2022 and April 18, 2022. .. Neighborhoods are ranked by the median home price per square foot.

Read on to see the most expensive districts in your city.

# 10: Queen’s Ridge

-Median house price: $ 482,629 ($ 292 per square foot)

-Median rent: $ 1,678

-Population: 4,047

-Walk score: 6

-Bike score: 20

-Transit score: 33

# 9: Trail-Median Home Price: $ 535,526 ($ 298 per Square Foot)

-Median rent: $ 1,866

-Population: 5,845

-Walk score: 39

-Bike score: 45

-Transit score: 26

# 8: Vista-Median Home Price: $ 684,883 ($ 300 per square foot)

-Median rent: $ 1,889

-Population: 10,264

-Walk score: 14

-Bike score: 37

-Transit score: Not available

# 7: Sun City Summerlin-Median Home Price: $ 450,000 ($ 311 per square foot)

-Median rent: $ 1,563

-Population: 12,008

-Walk score: Not available

-Bike score: 20

-Transit score: Not available

# 6: The Hills South-Median Home Price: $ 639,860 ($ 322 per square foot)

-Median rent: $ 1,726

-Population: 3,885

-Walk score: 10

-Bike score: 21

-Transit score: 35

# 5: Paseos-Median Home Price: $ 795,721 ($ 329 per square foot)

-Median rent: $ 1,793

-Population: 177

-Walk score: 3

-Bike score: 29

-Transit score: Not available

# 4: Median Home Price: $ 800,510 ($ 360 per square foot)

-Median rent: $ 1,800

-Population: 59

-Walk score: 4

-Bike score: 16

-Transit score: Not available

# 3: Canyons / TPC Las Vegas-Median Home Price: $ 1,050,739 ($ 366 per square foot)

-Median rent: $ 1,423

-Population: 2,900

-Walk score: 2

-Bike score: 20

-Transit score: 25

# 2: Red Point-Median Home Price: $ 1,015,614 ($ 394 per square foot)

-Median rent: $ 1,800

-Population: 56

-Walk score: Not available

-Bike score: 19

-Transit score: Not available

# 1: Awe-Median Home Prices: $ 1,199,007 ($ 519 per square foot)

-Median rent: $ 1,754

-Population: 46

-Walk score: Not available

-Bike score: 36

This story originally appeared ZeroDown Produced and distributed in collaboration with Stacker Studio.

Copyright 2022 Stacker via Gray Media Group, Inc. All rights reserved.

You may also like