Premier luxury communities – Including Henderson’s ASCAYA and MacDonald Highlands, and Summerlin’s The Ridges and Summit - have the potential to see an uptick in sales this summer.
Is summer the right time to sell your luxury home in the Las Vegas Real Estate market?
The answer is a resounding yes.
Summer provides an incredible opportunity to list your luxury property while overcoming the challenges facing high-end sellers.
The luxury market is different from traditional real estate markets. It’s exclusive, attracting only a limited number of affluent buyers. A pool of buyers that shrinks as the property’s price increases into the millions.
Add in the fact the average luxury home is on the market anywhere from six months to over a year, and it's easy to see why your home needs the added exposure to sell.
The lazy days of summer in Las Vegas provide an opportunity of increased visibility for high-end homes on the market. Extended daylight, warmer weather and children out of school provide buyers more time to search for their new home.
This summer could see a higher influx of buyers than in previous years. Current economic conditions indicate interest rates will remain low offering financial options even for the discerning cash buyer.
Also, due to current health risks, it’s easy to understand why potential buyers may be staying closer to home and not traveling abroad as past summers.
The combination of a less mobile population and lower interest rates might be the catalyst for an even larger uptick in sales for high-end properties over the next three months.
With over 11 years’ experience in the luxury real estate market, Luxury Home Specialist Darin Marques, founder of the Darin Marques Group at Huntington & Ellis in Las Vegas has the experience to show how a seller can take advantage of a potentially busy summer for luxury home sales.
Marques has recently negotiated over $50 million in luxury home sales, including negotiating the highest land sale in Southern Nevada. He was the sales manager for the premier luxury community ASCAYA, where he managed over $200 million in sales and developer investments.
For more information about Darin Marques and the Darin Marques Group, visit dmgluxury.com, www.facebook.com/DMGluxury or call (702) 485-7755. You can also follow him on Instagram or connect on LinkedIn.