Real estate brokers jockey for top spot in 2021


Ultra-luxury sales are boosting the cumulative value of home sales in the Las Vegas Valley, and it won’t be surprising if Las Vegas sets an all-time record in 2021 for the highest price ever paid for a home.

Las Vegas Realtors sold $1.68 billion worth of $1 million-plus homes during 2020, a 60 percent increase over 2019, and 2021 shows no signs of slowing as the leading brokerages vie for the No. 1 spot to topple perennial luxury category champion Berkshire Hathaway HomeServices.

The year is already off to a strong start during the first four months of 2021 with 524 luxury sales of $1 million and higher between January and April, according to the Multiple Listing Service of the Las Vegas Realtors association and tracked by Forrest Barbee, corporate broker with Berkshire Hathaway HomeServices. With the winding down of the COVID-19 pandemic, the year is on pace to blow away the 856 luxury home sales during 2020, according to research firm…

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