As we begin a new year, it’s clear that the guard-gated real estate market continues to evolve, presenting both challenges and opportunities. Last year saw 922 sales across guard-gated communities, a notable increase from the 827 sales in 2023. With active inventory rising to 4,159 homes in 2024, up from 3,824 in 2023, buyers are enjoying more choices, which is increasing competition among sellers.

Five-Year Perspective

The bar graph showcases sales and active inventory over the past five years. In 2021, a sharp increase in sales, paired with low inventory, drove prices higher. It’s interesting to see that even the higher prices and higher interest rate environment is not slowing Las Vegas down.

Sold Listings Since 2020

Guard-gated home sales in Las Vegas over the past five years reveal significant shifts influenced by national events. The COVID-19 pandemic in 2020 caused an initial market freeze, followed by a surge in 2021 driven by low interest rates and remote work trends. Sales cooled in 2022 and 2023 as the Federal Reserve raised interest rates, reducing buyer affordability. However, 2024 showed signs of recovery, with consistent improvement likely due to market stabilization and renewed buyer confidence.

Active Listings Since 2020

Listings surged in 2020 as the pandemic slowed buyer activity but declined sharply later that year due to increased demand fueled by low interest rates. Inventory remained tight through 2021 but began rising in 2022 as rate hikes cooled buyer activity, allowing supply to grow. By 2024, active listings stabilized, indicating a more balanced market as buyers and sellers adapted to new conditions.

Opportunities in 2025

For sellers, early preparation is critical to stand out in a more competitive environment. Ensuring your home is show-ready and being flexible with showings are crucial steps, alongside staging, painting, and strategic renovations to capture attention in what’s expected to be a strong spring market. Meanwhile, buyers can take advantage of increased options, allowing for greater selectivity when finding their perfect home.

The luxury market remains resilient, continuing to attract discerning buyers seeking the unique lifestyle that guard-gated communities offer. With thoughtful preparation, 2025 has the potential for success on both sides of the transaction.

If you want personalized advice on navigating the year ahead, let’s talk today.