MARKET GUIDE
LAS VEGAS
ABOUT LAS VEGAS
Bet on the desert. Las Vegas has quietly become the address of choice for buyers leaving the coasts — for the tax advantages, for the privacy of guard-gated communities built into the desert foothills, and for a life that includes some of the most ambitious architecture, dining, and sport being built anywhere in the country. What follows is a portrait of the market as your clients will find it.
0%
Nevada levies no state income tax.
$1.39B $2M+ volume grew 23% in the last year.
1 Hour
from Los Angeles by air.
The Nevada advantage. In Southern Nevada, the lifestyle doesn't wait for the weekend. There's sunshine nearly every day, the world is a nonstop flight away, and desert, lake and mountain are all within an hour's drive. People who move here usually come for one reason and find a dozen more.
MORE THAN 3,800 HOURS OF SUNSHINE Blue skies about 86% of daylight hours, among the sunniest in America. HARRY REID INTERNATIONAL AIRPORT Minutes from home · nonstop service to more than 170 markets worldwide RED ROCK, LAKE MEAD & MT. CHARLESTON Canyon trails, open water and alpine snow, all within an hour's drive THE ENTERTAINMENT CAPITAL OF THE WORLD Headline residencies, celebrity-chef dining and a city that never closes, right in your backyard NEWER HOMES AND PLANNED COMMUNITIES Offering modern construction, amenities, and security that ease the transition
The Nevada tax advantage. Nevada has made keeping more of what you earn part of its constitution. For buyers relocating from high-tax states, the difference isn't a rounding error. It can be felt every year, in every paycheck and every portfolio, and it carries into the next generation.
NO STATE INCOME TAX Wages, bonuses and business income are free of state income tax, protected by the Nevada Constitution. TAX-FREE RETIREMENT Pensions, IRA and 401(k) withdrawals, and Social Security are never taxed by the state. NO STATE CAPITAL GAINS TAX Investment and dividend income is untouched at the state level. NO ESTATE OR INHERITANCE TAX What you build passes to your heirs without a state tax. PROPERTY TAX PROTECTION Annual increases are capped at 3% on a primary residence.
This information is general and is not tax or legal advice. Please consult a qualified tax professional about your specific situation References: Nevada Constitution: leg.state.nv.us/Const/NvConst.html NRS 361.4723: leg.state.nv.us/NRS/NRS-361.html | Clark County Tax Abatement: clarkcountynv.gov (search “tax abatement”)
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S P O R T S A N D E N T E R TA I N M E N T
Allegiant Stadium T-Mobile Arena Grand Prix Circuit Future Home to the A’s UFC
Home field. Three major venues sit within a ten-minute drive of one another on the south Strip, with a Grand Prix circuit running between them each November. No other American city puts this much sport this close to home.
Raiders · Allegiant Stadium · host of Super Bowl LVIII Golden Knights · T-Mobile Arena · 2023 Stanley Cup champions Aces · three WNBA titles, 2022 – 2025 Athletics · new ballpark on the Strip, opening 2028 Formula 1 · Las Vegas Grand Prix, UFC and championship boxing · year-round
A R T · M U S I C · T H E AT R E
More than an Encore
B
eyond the marquees, Las Vegas
goes out on weeknights, and one
keeps a working cultural life —
where the most ambitious venue in
a resident ballet, a philharmonic, and
the country opened on a side street
a downtown arts district that fills its
off the Strip.
streets once a month. It is a city that
THE PROGRAMME
I
The Smith Center
II
Sphere
III
Bellagio Gallery of Fine Art
IV
The Arts District
Broadway tours, the Las Vegas Philharmonic, and Nevada Ballet Theatre in residence
One of the most talked-about concert venues in the world, opened 2023
Museum-grade exhibitions on the Strip
Galleries, studios, and First Friday, every month downtown
V
Residencies and Cirque du Soleil The Strip's resident entertainment, seven nights a week
N OTA B L E AT T R AC T I O N S
Access granted
Las Vegas has never lacked for spectacle. What it once lacked was privacy. That has changed — quietly, and behind a few very good doors.
ZERO BOND AT WYNN
The New York members club's first expansion, opened March 2026
WYNN TOWER SUITES
Private check-in, a dedicated host, and the valley's most discreet address to sleep.
JOËL ROBUCHON · CARBONE · DELILAH · SARTIANO'S A dining tier that rivals any coast
PADDOCK CLUB · SUPER BOWL · SPHERE SUITES Hospitality at the level the city's events now demand
OUTDOORS
Room to Roam
The desert begins where the last cul-de-sac ends, and from there the terrain only gets bigger.
C LO S E T O H O M E
Red Rock Canyon · the 13-mile scenic loop, climbing, trails Springs Preserve · 180 acres of gardens and trails Lake Las Vegas · paddleboarding, dining on the water
A MORNING TRIP
Mt. Charleston · skiing in winter, twenty degrees cooler in summer Hoover Dam and Lake Mead · boating, the Historic Railroad Trail Valley of Fire · red sandstone, ancient petroglyphs Nelson and the Colorado River · kayaking Black Canyon
WORTH THE FLIGHT Zion and Bryce Canyon · under three hours Death Valley and Joshua Tree · two to three hours Los Angeles, Park City, Aspen · an hour or two by air
GOLF
Green, all Year
In this valley, a course is rarely just a course — it's the center a community is built around. The neighborhoods that matter most here were platted with a fairway in mind, and membership at one often says as much about an address as the square footage does.
SHADOW CREEK
Invitation-only, and the name every serious golfer knows.
DRAGONRIDGE COUNTRY CLUB Private · anchors MacDonald Highlands, Henderson
THE SUMMIT CLUB
Private, by invitation · one of the valley's most exclusive addresses
TPC SUMMERLIN
Private · Summerlin, where Tiger Woods won his first PGA TOUR event
COMMUNITIES
There’s a Neighborhood for that.
Every client arrives with different needs. The valley was built to answer all of them — from a first custom lot to a lock-and-leave near the Strip, with a category shaped for nearly every stage of life along the way.
COUNTRY CLUB
Golf-anchored and guard-gated, built around full amenities and membership. The course comes first; the address follows from it.
M A S T E R- P L A N N E D
Self-contained villages with schools, parks, and retail already woven in. A neighborhood that runs on its own.
NEW CONSTRUCTION
Build-to-suit lots and brand-new phases, with no resale history to work around. For the client who wants to be first.
55+ / AGE-RESTRICTED
Amenity-rich, low-maintenance living, purpose-built for a new chapter rather than a starter home.
HIGH-RISE / STRIP-ADJACENT
Lock-and-leave living with walkability to everything. A home, not a house to manage.
KRISTEN ROUTH-SILBERMAN DOUGLAS ELLIMAN NEVADA
#1 #1 LUXURY REALTOR IN LAS VEGAS AND NEVADA. HAS HELD THE #1 RANKING FOR OVER A DECADE.
Kristen at a glance. Kristen was the first Realtor in Las Vegas to sell a $20 million+ home, setting a new sales milestone for the Las Vegas luxury market. She is widely regarded as the authority and market leader for luxury real estate in Las Vegas. In 2021, she set the record for the highest sale in the history of Las Vegas residential real estate at $25 million. Her sales production is more than triple that of her closest luxury competitor, and she has represented clients in transactions totaling more than $2 billion over her career. Kristen's reputation as the preeminent marketer of Las Vegas' most important real estate assets is unparalleled, with a singular focus on achieving the highest possible value for her clients' homes while providing the discreet, white-glove service for which she's known. 702.467.7100 KRISTENROUTH@YAHOO.COM 1700 S. PAVILION CENTER DRIVE, SUITE 150, LAS VEGAS, NV 89135