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Las Vegas New Homes
The Las Vegas housing market for both New Las Vegas Homes and existing homes are booming! The following are some highlights of the Las Vegas new home sales market:

New homes purchased in Las Vegas in 2002 (22,502) accounted for 47.7 percent of the 61,123 total Las Vegas home sales.

The highest median price for a new home in the Las Vegas Valley in 2002 was $195,000 in Henderson.

The top ten Las Vegas builders sold 11,867 new homes in 2002, or 52.7 percent of the new homes sold. The leading builder was KB Homes, selling 2,959 homes.

The largest residential projects currently being developed are:

Development Year Established Units Developer
Summerlin 1990 30,000 Howard Hughes Corp.
Aliante 2002 7500 North Valley Ent.
Southern Highlands 1997 6,800 Olympic Group
MacDonald Highlands 1995 6,500 MacDonald Prop
Anthem 1998 6,200 Del Webb
Green Valley Ranch 1994 5,100 American Nev.Corp.
El Dorado 1990 5,000 Pardee
Peccole Ranch 1990 3,600 Triple Five Dev.
Rhodes Ranch Country Club 1996 3,000 Rhodes Homes
Seven Hills 1994 2,500 Seven Hills Dev / American Nev.Corp
Sunridge 1994 2,500 Sunridge Joint Venture MacDonald Properties
Source: Las Vegas Perspective 2003

Please contact us if you would like additional information about the Las Vegas new homes market. Also, for a listing of available new homes on the market, use the
Las Vegas New Homes Search. Detailed information including floor plans is available from this data base.

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Bill Marek
Desert Homes Realty
330 E. 330 E. Warm Springs Road
Las Vegas, Nevada, 89119 US
702-336-6818