2020 was a tumultuous year for real estate in Las Vegas as we hopped on the Covid roller coaster and hung on for our lives. There were sharp declines in March of 2020, but thankfully by late summer the market started to recover, and the year ended on a high note.

Interest rates were too favorable to ignore and home and condo prices continued to increase. Eventually, buyers loosened their grip and re-entered the market. Hopefully, these signs of recovery will carry us well into the new year.

As always, let me know if you have any questions or comments. I'm here to help.

Las Vegas 55+ retirement communities are growing by leaps and bounds, with new neighborhoods being added all the time. In 2020, sellers of Las Vegas retirement homes received an average of 98% of their asking price, and houses remained on the market an average of 41 days before selling.

Prices range from the low $200s to over $1 million, depending on your budget.

Click below to view full report with average prices.

New master-planned communities in Las Vegas and Henderson are hugely popular, and like mini-cities, they're self-contained with nearby shopping, new schools, parks and medical facilities.

Nevada master-planned communities climbing up the ranks in 2020 included Lake Las Vegas, Madeira Canyon, Legacy, and Centennial Hills, to name just a few. Here is a list of the top communities including average prices.

The chart below indicates the 111 tax districts in Clark County and the individual tax rates from 2018 to 2021.