Homes for sale in Summerlin Archives

2022 Year in Review – Las Vegas Housing Market Update

Year-End Summary We ended 2022 at the same median sales price of $425,000 that we ended with in December of 2021. Besides entering what is usually the slowest time of year for the housing market, rising mortgage interest rates have caused a contraction of sales. At the same time, we know that the housing market is cyclical and that the bottom is not falling out. This would be indicative of the median sale price being close to what it was at pre-pandemic levels. With prices leveling off and more homes available for sale, we’re seeing a more balanced market that makes

January 25, 2023

Is it still a good time to sell your home?

The short answer is “yes.” Overall, home prices are still up 2% over the same time last year. They are expected to go back to pre-pandemic levels which are still historically high. There is Buyer demand – especially for highly desirable homes and in all price ranges. November Market Report Local home prices are starting to look more like they did a year ago. But we’re certainly in a different place than we were last year, when prices were soaring and setting records. Of course, as we said at the time, those conditions were unsustainable. Las Vegas Realtors reported that

December 31, 2022

Active Adult Living (55+) in Summerlin Nevada

Summerlin, the most desireable place to live in all of Nevada. The master-planned community makes up the most western suburb of Las Vegas and at its completion will encompass 6 miles in length and 5 miles in width covering 22,500 acres. It currently makes up 18 villages plus 4 “Active Adult” communities and Red Rock Country Club totaling more than 200,000 homes. The most recent development is “Downtown Summerlin” which includes an outdoor shopping area, restaurants and movie theatre along with Red Rock Hotel, Spa and Casino. Summerlin also boasts 150 parks, 2 dozen private and public schools, 14 houses

October 26, 2019

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Active Adult Living (55+) in Summerlin Nevada

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