http://Shannond.cbvegas.com/blog/338/sort_entrydatetime-desc/ The Luxury Market Forges Ahead in Las Vegas, Outperforming the Broader MarketThe Las Vegas luxury market continues to be a bright spot in an otherwise languishing housing market. In single-family homes, sales over $1 million have reached nearly 1,300 year-to-date in 2026. That figure already represents 77% of the full-year 2025 total, with four months remaining to match or surpass last year’s result. The prime market ($3 million and above) is where the most notable activity is occurring, with nearly 170 sales year-to-date compared with 199 for all last year. Some of the stronger sales pace stems from additional new-home supply. Of the 28 homes currently under contract that were listed above $3 million, eleven are new construction.With headline mortgage interest rates topping 7%, the housing market has a substantial headwind, yet affluent buyers are more insulated, often rolling over equity from a prior home or using cash to fund purchases. Of the single-family sales of $3 million or more this year, 57% were all-cash (though some buyers may later introduce leverage). The remaining purchases typically involve low loan-to-value financing at adjustable rates.S&P Cotality Case-Shiller data show that the high tier (the top one-third of prices) is down only 1.6% from its 2025 peak, while the mid and low tiers are down 2.5% and 2.1%, respectively. Looking more narrowly at homes that sold for more than $3 million in the second quarter, our repeat-sales index is up 6.3% from 2025. The threshold for the top 1% of home sales has risen from $2.85 million last year to $3.05 million this year.As a reference point, single-family luxury sales in Las Vegas (January–August) are down 40% from the 2021 peak for this decade. Conversely, they are up 25% from the same period last year.The high-rise and luxury attached market is experiencing a similar buoyancy to single-family, floating above the overall housing market and driven by affluent migration to the Las Vegas area. A simple $1 million price threshold is not the best measure of high-rise luxury, because some residences may be one-bedroom units yet sit in amenity-rich buildings with strong views and high-end finishes. On a price-per-square-foot basis, 15 residences surpassed that threshold in 2025 (January–August), and 19 year-to-date in 2026. Waldorf Astoria, the most premium building in the market, has seen prices advance markedly through 2024, 2025, and 2026. Our repeat-sales index for the building estimates that prices have increased by over 20% from the boom year of 2021. The median appreciation return for a Waldorf penthouse is estimated at 8.6% annualized—an attractive result for an asset that can also be lived in and enjoyed. Although these residences are primarily lifestyle choices, observing calm growth builds confidence in the sector.This confidence in the high-rise market has translated into new activity, with Four Seasons Residences Las Vegas well underway with vertical construction. This project caters to the global wealthy—buyers who often maintain multiple residences in different locations or who wish to consolidate their living in a high-service development.Las Vegas as a luxury destination has been highlighted in recent media. Realtor.com notes that the difference between entry-level luxury in the L.A. area comes in at $4.19 million. That puts some of Las Vegas’ prime offerings near the L.A. price entry point. When the tax differential between California and Nevada is factored in, a clear path emerges for residents drawn to the Las Vegas lifestyle.Luxury high-rise will play a growing role in the choices available to affluent buyers as land constraints, walkability, and security become higher priorities for a health and wellness conscious buyer population. Cello Tower is the latest answer to these requirements. Located in Symphony Park, with the start of construction imminent, it represents the next phase of Las Vegas luxury development—high-end residential ownership integrated into a walkable urban district with direct access to culture, dining, entertainment, and future retail. For affluent buyers seeking a lock-and-leave lifestyle, that combination of convenience, security, service, and placemaking is becoming increasingly compelling.Luxury Home Highlights · Top MLS sale: 11308 Canyon Pass in The Summit – $25,000,000 · The luxury share is 8.2% of the market year-to-date, compared with 7.4% last year and 0.8% in   2016 · Luxury sales are on pace to meet or exceed last year’s figureHigh-Rise and Luxury Condominiums · The Summit Condominiums is the price-per-square-foot leader for the past 12 months at $4,260 · Waldorf Astoria is approaching $3,000 per square foot, highlighted by an $11.8 million penthouse saleLuxury Homesites · The double-lot sale at 11793 Discovery Canyon Drive in The Summit is the price leader at $18.15 million for 1.81 acres ($10 million per acre) · Astra, a new custom homesite community, had a 1.41-acre homesite trade for $11.75 millionCitations.Las Vegas Is Betting on High Rollers to Fuel a Luxury Real Estate Renaissance  http://Shannond.cbvegas.com/blog/338/21576/the-luxury-market-forges-ahead-in-las-vegas-outperforming-the-broader-market/ Tue, 22 Sep 2026 09:13:48 -0800  Before You Renovate What Actually Pays You Back?96 sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } .forceBgColor{background-color: white !important}Thinking about updating your home before you sell, or simply looking for ways to make your space feel newer??Thinking about updating your home before you sell, or simply looking for ways to make your space feel newer? Before starting a project, it helps to understand which improvements may deliver the most value.The 2025 Cost vs. Value Report for Las Vegas shows that some of the strongest returns don’t necessarily come from major renovations. In fact, several exterior improvements can make a significant impact when it comes time to sell. Las Vegas Projects With the Strongest ReturnsHere are some of the top-performing home improvements in Las Vegas:Steel entry door replacement: 300.6% ROIGarage door replacement: 286.4% ROIManufactured stone veneer: 182.0% ROIWood deck addition: 119.7% ROIFiber-cement siding replacement: 103.0% ROISometimes, improvements that enhance a home’s first impression can deliver a stronger return than larger, more expensive renovations What About the Kitchen A complete kitchen overhaul isn’t always necessary to make an impact. In Las Vegas, a minor kitchen remodel recouped an average of 96.9% of its cost, according to the report.Strategic updates can give a kitchen a refreshed look without the expense and scope of a major renovation, particularly if selling is on the horizon. Renovate With Your Goals in Mind The right improvement depends on what you want to accomplish. If you’re preparing to sell, projects that improve curb appeal and a home’s overall presentation may be worth prioritizing. If you’re planning to stay for several years, your personal enjoyment and long-term needs may be more important than potential resale value.Before investing in a project, consider one important question: Are you renovating for resale, or are you renovating for yourself? If selling is on your horizon, knowing which updates to prioritize is only part of the process. Our Updated Home Enhancement Guide offers additional tips and ideas to help you prepare your property and make a strong impression on potential buyers. View the Home Enhancement Guide?Preparing Your Home to Sell?If you want to make improvements before listing but would prefer not to cover the expenses upfront, Market Ready Concierge may be an option. The program can help eligible sellers prepare their home for market with:Up to $75,000 in funding for listing preparation$0 upfront for projects such as staging, repairs, painting, and flooringNo impact to your credit to apply or access fundsThe flexibility to use any contractor or home improvement vendorRepayment when your home sellsWant to learn more? Contact me today to see if Market Ready Concierge could help you prepare your home for sale. Not Sure Where to Start?Every home is different. Contact me before you begin your next project, and we can discuss which improvements may make the most sense for your property and your real estate goals. ?Our Premier Service Companies? ©2026 Coldwell Banker Premier Realty. All rights reserved. Coldwell Banker Premier Realty upholds the principles of the Fair Housing Act and the Equal Opportunity Act. If your home is listed with another REALTOR®, please disregard. It is not our intention to solicit the offerings of other brokers. http://Shannond.cbvegas.com/blog/338/21570/before-you-renovate-what-actually-pays-you-back?/ Thu, 03 Sep 2026 02:19:01 -0800  Vegas, It´s Game Time! 2026-27 Raiders & Golden Knights Regular Season96 sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } .forceBgColor{background-color: white !important}?The countdown is on! The Raiders and Golden Knights are ready for another season packed with unforgettable games, hometown pride, and moments Vegas won't stop talking about. Get Ready for the Season  The 2026-27 Raiders & Golden Knights regular seasons are filled with exciting matchups, hometown rivalries, and can't-miss moments. Download the schedules today and start planning your game days. ? DONWLOAD THE GAME SCHEDULESCheer On VegasKeep your favorite teams close. Download the VGK app from the App Store or Google Play and official Raiders wallpapers to stay connected and show your team spirit all season long.  Don't Forget the AcesBasketball season is still in full swing! View the remainder of the WNBA Aces schedule here and keep cheering on another hometown team. From the first kickoff to the final puck drop, let’s rally behind our hometown teams and show what it means to be Vegas Born and Vegas Proud! ?Our Premier Service Companies? ©2026 Coldwell Banker Premier Realty. All rights reserved. Coldwell Banker Premier Realty upholds the principles of the Fair Housing Act and the Equal Opportunity Act. If your home is listed with another REALTOR®, please disregard. It is not our intention to solicit the offerings of other brokers. http://Shannond.cbvegas.com/blog/338/21560/vegas-it´s-game-time!-2026-27-raiders-&-golden-knights-regular-season/ Tue, 04 Aug 2026 08:53:11 -0800  Why Summer Is One of Real Estate´s Busiest Seasons96 sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } .forceBgColor{background-color: white !important}?Summer has always been one of the most active seasons in real estate, and there’s a reason for that. School is out for summer, longer daylight hours, warmer weather, and more buyers and sellers entering the market at the same time can all create more activity.But this summer, two factors are especially important to understand: inventory and pricing. For buyers, summer can bring more fresh listings. For sellers, summer can still offer strong pricing opportunities when the home is positioned correctly. More Fresh Options for Buyers One of the biggest challenges buyers have faced in recent years is finding the right home at the right price. Summer can help with that.According to Realtor.com data, summer months typically bring about 32% more fresh listings than the average month from September through December. That means buyers may have more homes to choose from before inventory slows later in the year. More new listings can create a better chance of finding a home that fits your needs, budget, and timing. More choices: Fresh summer inventory can expand your options.Better timing: Moving before fall may help you avoid a slower listing season.More clarity: Seeing more homes can help you compare value, location, and price more confidently.Stronger Seasonal Pricing for SellersFor sellers, summer can also create an important advantage. According to data from the National Association of Realtors, homes sold during a summer month usually sell for about 4% more than homes sold during the typical month from September through December.That does not mean sellers should overprice their home. It means summer activity can create stronger visibility and better opportunities when the home is priced realistically and presented well. Summer can be a strong window for sellers, but strategy still matters.More active buyers: Summer buyers often have timelines tied to school, work, or family schedules.Better exposure: More market activity can bring more attention to your listing.Smart pricing matters: Seeing more homes can help you compare value, location, and price more confidently.A Season of Opportunity Summer does not guarantee a perfect market, but it does bring seasonal advantages that can matter for both buyers and sellers. Buyers may see more options, while sellers may benefit from stronger seasonal pricing and motivated activity. Understanding how inventory and pricing typically shift during this season can help you make a more informed decision. Thinking about making a move this season? Contact me today to discuss your real estate goals. ?Our Premier Service Companies? ©2026 Coldwell Banker Premier Realty. All rights reserved. Coldwell Banker Premier Realty upholds the principles of the Fair Housing Act and the Equal Opportunity Act. If your home is listed with another REALTOR®, please disregard. It is not our intention to solicit the offerings of other brokers. http://Shannond.cbvegas.com/blog/338/21554/why-summer-is-one-of-real-estate´s-busiest-seasons/ Thu, 09 Jul 2026 10:02:58 -0800  Your Ultimate Guide to 4th of July Fun96sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } The Fourth of July is right around the corner, and there’s no better place to celebrate than right here in Las Vegas.??The Fourth of July is just around the corner, and Las Vegas is gearing up for a weekend full of patriotic fun. Whether you're looking for the best fireworks displays, festive events, family-friendly activities, or special dining offers, there are plenty of ways to celebrate across the valley. To help you make the most of Independence Day, we’ve rounded up some of the top fireworks shows, local happenings, and food and drink specials. Gather your friends and family, show off your red, white, and blue, and get ready for a memorable Fourth of July in Las Vegas!4th of July FireworksFourth of July Celebration at Heritage ParkAmerica's 250th Birthday Celebration at the Plaza Hotel & CasinoFireworks Viewing Party at FontainebleauFireworks on The StripStation Casinos Fireworks CelebrationPaddle Under the Fireworks at Lake Las Vegas Fireworks Viewing Party at Resorts WorldRed, White & Family FunSummerlin Patriotic ParadeBoulder City Damboree 4th of July at CarmellaBlast Off in the Basin Fourth of July Celebration4th of July 5k/10k at James Regional Sports ParkStars, Stripes, & Sizzle4th of July 5k Blast4th of July BBQ at Cashman FieldGiada 4th of July ExperienceStar-Spangled Brews & Tunes4th of July Pool Party at the Fontainebleau4th of July Bar CrawlPoolside BBQ at Resorts WorldGordan Ramsay Burger 4th of July Patio PartyRose, White, and Bleau Brunch at La CoteGeorge Birge 4th of July Concert at Fremont Street ExperienceRed, White, & Brew Pub CrawlCelebrate America Playlist?Kick off your Fourth of July celebration with our Celebrate America Playlist! Packed with patriotic favorites and today's hits, it's the perfect soundtrack for BBQs, pool parties, and fireworks.?Listen on Spotify??Stay safe, have fun, and enjoy everything this Independence Day has to offer!? ©2026 Coldwell Banker Premier Realty. All rights reserved. Coldwell Banker Premier Realty upholds the principles of the Fair Housing Act and the Equal Opportunity Act. If your home is listed with another REALTOR®, please disregard. It is not our intention to solicit the offerings of other brokers.? http://Shannond.cbvegas.com/blog/338/21549/your-ultimate-guide-to-4th-of-july-fun/ Thu, 02 Jul 2026 02:24:13 -0800