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Las Vegas Million Dollar Homes

  las vegas million dollar homes              las vegas realtor

Five years ago, the purchases of Las Vegas million dollar homes were rare. But, a million bucks just isn't what it used to be.  
 
The lucky few who could afford such homes were greeted with marble and granite as they crossed their overly large yards and into the foyer of their beautifully decorated custom homes. 

But these lucky buyers were few and far between.  Million dollar homes in Las Vegas million being purchased were virtually non-existent.

Jump forward five years to the present and Las Vegas million dollar homes are being purchased every day.  If you follow the statistics, the increase in the city's million dollar homes and multi-million dollar homes being purchased is astonishing.  In 2001, only twenty-one homes in the Las Vegas million dollar home range were sold.

In 2005, that number jumped to six hundred forty-two Las Vegas million dollar homes purchased.  Who knows what 2006 will hold.  Unfortunately, that million-dollar price tag doesn't always come with the upgrades that you would imagine.

If you are looking to purchase one of the many Las Vegas million dollar homes for sale, you can still expect a nice home with a nice yard and, if you are lucky, a view.  If you want to purchase a large home, with a large yard, marble, granite and modern upgrades, then you probably want to start looking in the Las Vegas multi-million dollar price range.  Many builders in the tract home communities have already added their homes into the Las Vegas million dollar home range.

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You can find many Las Vegas million dollar homes available in the established neighborhoods of the valley, such as Spanish Trail in the southwest, and The Scotch 80's and McNeil homes in the central west part of town. 

Many of these homes are wonderfully structured custom homes; unfortunately they may need some updating. The upside of this is that once completed, the updating can increase the value of your home considerably. 

Why has the Las Vegas million dollar homes seen such an increase in sales?  I believe it is possibly a result of the increase in equity nation wide.  With over six thousand people moving to Las Vegas every month, many buyers are using profits that they have made from the sale of their homes in other parts of the U.S. to purchase Las Vegas million dollar homes. 

The economy in Las Vegas has no doubt also helped the sale of million dollar homes.   With many jobs recently opening in the technology field, comes a new breed of buyer to the Las Vegas valley.  Although our industry will never be as elaborate as the silicon valley of California, there is still room for growth in this ever expanding technology field.  And with that growth comes more and more increase in the sales of the Las Vegas million dollar homes.  

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