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  • Summerlin Las Vegas Real Estate and Local Market Update

    (702)379-3401—Contact us for all of your local Summerlin real estate needs. We update you monthly and as new information is released for the Summerlin area with videos on statistics and community information. Subscribe to our YouTube Channel for the latest updates direct to your inbox.

    Summerlin Las Vegas Real Estate Market Update
    Summerlin Las Vegas Real Estate Market Update


    DownTown Summerlin Project

    The DowntownSummerlin project is in full swing and there are new jobs that are forming in the area with a recent job fair and now Allegiant Air has announced its move to Summerlin at 1201 North Town Center Drive. Occupying 120,000 square feet of building space on 2.5 acres Allegiant is moving their whole operation (including their Air Operation Center). This will bring 700 employees to the local area, which is great for local business. The Downtown Summerlin Project is almost ready to open (with a target date of mid-October) there will be 125 new stores. They just held a job fair and that will bring in additional business growth in Summerlin.


    Las Vegas Summerlin Real Estate  Market Statistics

    Local Summerlin Real Estate Market Statistics are showing a very strong market with 489 active homes; 240 contingent/ pending homes; and 153 homes sold last month in the Summerlin areas. That means there is a 90 day absorption rate; translating into a brisk and really strong market.


    Summerlin New Home Construction

    Toll Brothers: Montectio, Santaluz, and Vista Dulce projects have opened up with prices starting in the high $200K’s-500K‘s. The Alta and Desert Foothills areas have 6-7 new home construction builders that are currently developing land, and these neighbors are definitely worth checking out. Keep in mind, when you visit new home construction it is important to have an agent represent YOUR specific needs and the sales staff in the model homes represent the BUILDER interest. They can legally represent under dual agency, but why would you want someone working both sides? The Radcliffe Group works specifically for you when representing YOU in a new home purchase; so utilize our services and let us negotiate the best price and terms possible with your new construction home purchase. So, contact us today at (702)379-3401 for all of your real estate needs.



    Written by Nickel Lowman


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