Led by a $21.25 million sale in The Summit Club in Summerlin, the Las Vegas existing home luxury market recorded its best August in history and had its highest number of sales since June 2022.
In the latest analysis from BrokerMetrics, which tracks Realtor transactions on the Multiple Listing Service of Las Vegas Realtor association members, IS Luxury, the firm launched last fall by longtime luxury Realtor Ivan Sher placed No. 1 in total volume of luxury transactions between January and June. Luxury is defined by transactions of $1 million and higher and Sher had 8.4 percent of the market share.