Las Vegas is one of the fastest growing, most livable cities in America. From 2003 to 2004, the population grew to 1.7 million, a 6.4 percent increase from the previous year. In 2004, 29,472 new homes and 64,168 resale homes were purchased. The rapid growth of the Las Vegas metropolitan area has transformed numerous locations from raw desert into finely tuned, well-established neighborhoods, each with its own unique style and personality.
Homes to fit every lifestyle, income and location preference can be found in the Las Vegas Valley. From the heart of the city to the furthest outlying neighborhoods, new residents can choose from existing homes in and around Las Vegas to newly furnished models in master-planned communities. There are also several corporate, short-term and seasonal housing options for part-time residents.
While large and mid-sized, single-family homes dominate the Las Vegas area, apartments and condominium units are typically grouped within the development of each community, creating an even greater diversity of living options.
Many of the larger developments subscribe to the master-planned community philosophy of offering an orchestrated mix of homes and neighborhood amenities. These communities enjoy a look and feel that promotes integrity of design and appearance.
Parks and recreation areas are strategically sprinkled throughout projects to create a warm and welcoming sense of community. Also on offer are numerous amenities such as shopping centers, medical facilities, golf courses and tennis courts.
Although property values continue to increase faster than the national average in many neighborhoods, median sale prices of homes in Las Vegas are among the most reasonable in the country, as are property taxes.