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The Biggest Pricing Mistake Luxury Homeowners Make

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The Biggest Pricing Mistake Luxury Homeowners Make

Pricing a luxury home is more than picking a number—it’s strategic positioning. The biggest misstep sellers take? Listing too high, aiming to negotiate down later. While this tactic might succeed elsewhere, it often backfires in luxury markets, leading to lengthy time on market and price drops.

Las Vegas Luxury Market Snapshot – March 2025

  • Average Days on Market for $1M+ Homes: 63 days
  • Homes Selling Above Asking for $1M+: Less than 10%
  • Most Active Luxury Neighborhoods: Ascaya, The Ridges, MacDonald Highlands, Southern Highlands & Summerlin

Inventory remains tight, so well-priced properties in prime neighborhoods sell swiftly. Luxury buyers are selective—they expect a polished, curated experience from marketing to private viewings.

How to Capture the Right Buyer

Traditional methods won’t cut it. High-end buyers prefer exclusive channels and personalized outreach. Your success hinges on digital sophistication, impactful video marketing, and targeted exposure within select buyer networks.

Considering selling your luxury home in 2025? Understanding today’s market and crafting the right strategy makes all the difference. Let’s talk—reach out today for your personalized market consultation.

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