Page 11 - 2016 Las Vegas Residential Real Estate Report

SELECTED LUXURY HOME CLOSINGS
SELECTED LUXURY HOMES SALE PRICE RANGE
$1 MILLION – $1.25 MILLION $1.25 MILLION – $2.1 MILLION $2.1 MILLION – $4.4 MILLION GREATER THAN $4.4 MILLION
In 2016, the most expensive home that traded through the MLS was within The Ridges on Hawk Ridge Drive, which closed for $7 Million.
The price per-square foot leader was also in The Ridges, which closed for $685 per-square-foot. Some may consider this a relative bargain when compared to many luxury ZIP codes in California.
PROPERTY
18 Drifting Shadow Wy 28 Painted Feather Wy 23 Hawk Ridge Dr
19 Hawk Ridge Dr
2874 Red Arrow Dr 1203 MacDonald Ranch 1607 Liege Dr
9 Via Ravenna Ct
2244 Green Mountain Ct 103 Grosse Pointe Pl 1440 Macdonald Ranch 2535 Grassy Spring Pl 14375 Tracy St
9012 Players Club Dr
50 Isleworth Dr
10116 Summit Canyon Dr 1600 S Valadez St
6990 S Pecos Rd
10425 Orkiney Dr
10201 Orkiney Dr
5039 Spanish Heights Dr 3737 Caesars Cr
4540 N Conquistador St 10280 W La Mancha Av
COMMUNITY
The Ridges
The Ridges
The Ridges
The Ridges
Red Rock Country Club Foothills MacDonald Ranch MacDonald Ranch
Lake Las Vegas
Red Rock Country Club Anthem Country Club MacDonald Ranch
Red Rock Country Club Calico Basin Tournament Hills Anthem Country Club Bellacere
West Las Vegas
Green Valley
Palisades
Palisades
Spanish Hills Est Southeast Las Vegas Northwest
Northwest
SQUARE SALES FOOT PRICE
4,231 $2,900,000 9,873 $6,500,000 11,093 $7,000,000 9,293 $5,500,000 6,425 $3,800,000 7,855 $4,190,000 8,237 $4,000,000 7,627 $2,850,000 4,301 $1,550,000 9,920 $3,350,000 5,725 $1,800,000 3,489 $1,005,000 6,010 $1,530,000 7,985 $1,950,000 4,150 $1,000,000 12,314 $2,950,000 5,368 $1,250,000 19,429 $4,430,000 5,446 $1,235,000 5,236 $1,070,000 11,390 $2,100,000 6,019 $1,030,000 7,496 $1,099,900 6,967 $1,020,000
YEAR PRICE BUILT SQ FT
2013 $683 2009 $658 2015 $631 2014 $592 2003 $591 2007 $533 2013 $486 2006 $374 2000 $360 2010 $338 2006 $314 1999 $288 1980 $255 1995 $244 2000 $241 2005 $240 2002 $233 1996 $228 2004 $227 1999 $204 1997 $184 2009 $171 1998 $147 1998 $146
Source: GLVAR
*Square footage may include a Casita.
SELECTED LUXURY HOME CLOSINGS –RANKED BY $ / SQ FT–
LUXURY HOME SALES – SINGLE FAMILY –$1 MILLION OR GREATER–