Las Vegas Luxury Real Estate Boom
Luxury home prices up 60% since 2019, median $1.2M for top 10%. AI gold rush driving new HNWI second-home demand. Luxury market buyer-leaning at 4.8 months supply. Institutional appetite remains strong (CONAM multifamily acquisition). Water risk from Lake Mead low persists.
Sources (3)
Updated Aug 15, 2026