This was an interesting read about the Los Angeles market as compared to the Las Vegas market. In LA last month, home sales priced between $2m-$3m were higher than any other price range. Homes with that value have been dubbed “affordable luxury homes” versus Las Vegas where any luxury home priced at a million or more are considered very high-end. As we continue to see CA as our lead feeder market, we can project that our luxury market will benefit and continue to rise.
Written by: Fang Block
Published by: Mansion Global
Photo Credit: RON_THOMAS/GETTY IMAGES