Market Overview
Lone Mountain Heights continues to show strong market performance as we approach the end of 2024. This week brought significant activity with 12 new listings and 8 closed sales, maintaining our position as one of Las Vegas's most desirable communities.
$850,000
Average Sale Price
+2.3%
28
Days on Market
-5 days
Low
Inventory Level
Stable
Seller's Market
Market Condition
Strong
Recent Sales This Week
Here are the notable sales that closed in Lone Mountain Heights this week:
1234 Mountain View Dr
$875,000
4 bed / 3 bath / 2,850 sq ft
Lone Mountain Ranch
5678 Desert Vista Way
$725,000
3 bed / 2 bath / 2,200 sq ft
Desert Vista Estates
9012 Canyon Gate Blvd
$1,150,000
5 bed / 4 bath / 3,500 sq ft
Canyon Gate Country Club
Market Insights & Analysis
- Inventory remains tight with only 45 active listings across Lone Mountain Heights
- Average days on market decreased to 28 days, indicating strong buyer demand
- Luxury properties ($1M+) showing increased activity with 3 sales this week
- Interest rates stabilizing around 6.5% for 30-year fixed mortgages
- Spring selling season expected to bring more inventory in Q1 2025
Neighborhood News & Updates
- New walking trail completed connecting Desert Vista Estates to community park
- Canyon Gate Country Club announces golf course renovation project for 2025
- William G. Geer Elementary receives state recognition for academic excellence
- New restaurant opening in Summerlin Center, 5 minutes from Lone Mountain Heights
Ready to Buy or Sell in Lone Mountain Heights?
With market conditions favoring sellers and strong buyer demand, now is an excellent time to make your move. Contact Dr. Jan Duffy for personalized market analysis and expert guidance.