Arizona Real Estate Notebook

Don’t research homes without it. John Wake, Assoc. Broker, HomeSmart

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A Realtor’s take on the 2006 Las Vegas real estate market

February 2nd, 2007 · 2 Comments

In addition, 2006 was the first year that a high-rise condo project was the number one-selling subdivision in Las Vegas. Can anyone else see the writing on the wall?

I watch California and Las Vegas real estate to see trends that may be coming our way and it sure looks like high-rise condos are coming to Arizona.

The Residences at MGM had 979 closings in 2006 with an average price of $593,192. Sun City Anthem and Solera, both single family residence subdivisions, were second and third.

Solera is an active adult community.

Tags: Las Vegas Real Estate

2 responses so far ↓

  • 1 Andres Torres Jr // Feb 3, 2007 at 2:14 pm

    How can you say there were that many closings when the units hasn’t even been built yet ?

  • 2 John L. Wake // Feb 4, 2007 at 3:29 pm

    Those were closings in 2006 according to that website.

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