Lori Ballen, the owner of this website, benefits from purchases made through her affiliate links.
Whether you are ready to buy or sell a house in Summerlin, knowing the local real estate market can be a true advantage. While the median price range in Las Vegas just hit $250,000, in Summerlin it’s just over $350,000 and each village and subdivision varies as well. If you have a house to sell in Summerlin, Call us (Lori Ballen Team) at 702-604-7739 (or text), or email us. You might also enjoy using the online home value calculator that provides an instant (although not official) estimate.
Summerlin Home Values
Homes in Summerlin for the first 1/2 of 2017 sold for about $175 a square foot. The demand for homes in Summerlin, especially in the median price ranges are very high. It’s a market again with multiple offers. Provided the home is priced right, shows well, and showing is made easy, a property could sell in days.
–>> What’s Your Home Worth? Find Out an estimated value in just a few seconds.
Summerlin Real Estate Market
🏡 Listings and Sales in Summerlin first 1/2 of 2017. Community Name is one of ‘Summerlin’, ‘Summerlin Hills’, ‘Summerlin North’, ‘Summerlin South’, ‘Summerlin West’. Stats are for single family only unless condo/townhome is specifically mentioned.
Homes Listed in Summerlin by Voume
| Month | Active Listings, $ Volume |
|---|---|
| Jan | $390,628,646 |
| Feb | $390,003,227 |
| Mar | $394,441,576 |
| Apr | $374,851,984 |
| May | $379,553,304 |
| Jun | $369,663,919 |
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Properties Listed For Sale in Summerlin by Count
| Month | Active Listings, Number of |
|---|---|
| Jan | 447 |
| Feb | 433 |
| Mar | 439 |
| Apr | 395 |
| May | 378 |
| Jun | 377 |
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Original List price to Close Price in Summerlin
The higher list to close price ratio is indicitave of a sellers market. Homes that are priced right, and are in the median price ranges are receiving multiple offers and selling quickly. It’s a good time to sell. Buyers are encouraged to work with a full time, active real estate agent that can help educate them on the market and what may happen in a multiple offer situation.
| Month | Close Price to Original Price Ratio |
|---|---|
| Jan | 96.4% |
| Feb | 97.0% |
| Mar | 98.0% |
| Apr | 97.4% |
| May | 98.3% |
| Jun | 98.3% |
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Days from listing contract to Sale
As shown in the graph, days on market are decreasing. Inventory is shrinking and demand is high.
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Median Home Prices (sales) for Summerlin properties
3 Bedroom Single Family: $312,250
4 Bedroom Single Family: $415,250
5 Bedroom Single Family: $507,500
6 Bedroom Single Family: $775,000
A 3 Bedroom Condo in Summerlin is selling for around $205,000
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Total House Sales in Summerlin listed in the MLS
| Month | Sales, Number of |
|---|---|
| Jan | 100 |
| Feb | 108 |
| Mar | 158 |
| Apr | 163 |
| May | 187 |
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Summerlin Home Prices | SOLD [2017]
Recent Sales by subdivision plus community. Click on the subdivision link to see active home listings in that neighborhood.
Summerlin Centre
Allerton Park
- 11551 Suburban Rd | $474,000 | 2 Story | 2,745 s/f | 4 Bedroom, 3 Bath, 2 Car Garage | Pool
Asbury Park
- Blue Claws Lane | $287,500 | 2 Story | 1,1716 s/f | 3 Bedroom, 3 Bath, 2 Car Garage | No Pool
Villa Trieste
- Filmore Heights Court | $365,500 | 2 Story | 1,954 s/f | 4 Bedroom, 3 Bath, 2 Car Garage | No Pool
West Park Villas [Townhomes]
- Belmont Lake Dr | $312,500 | 2 Story | 1,970 s/f | 3 Bedroom, 3 Bath, 2 Car Garage | No Pool
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Sun City Summerlin
- Frostburg Lane | $235,000 | Single Story | $1,220 | 2 Bedroom, 2 Bath, 2 Car Garage | No Pool
- Valley Downs | $260,000 | One Story | 1,220 | 2 Bedroom, 2 Bath, 2 Car Garage | No Pool
- Sungold | $220,000 | Single Story | 1,119 | 2 Bedroom, 2 Bath, 2 Car Garage | No Pool
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The Arbors
Arbor View
- Sandy Grove | $360,000 | Single Story | 1,953 sqare feet, 3 bed, 2 bath, 2 car garage | No Pool
Breamoor Heights
- Sleepy River Ave | $510,000 | Single Story | 3,114 s/f, 4 bed, 4 baths, 3 car garage | No Pool
Oak Hills
- Huntington Hills Drive | $255,000 | Single Story | 1,145, 3 Bed, 2 Bath, 2 Car Garage | No Pool
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The Canyons
Eagle Rock
- Proud Eagle Lane | $600,000 | Single Story | 2,973 s/f, 3 bed, 3 bath, 3 car garage, pool
Palisades
- Luxaire Ct | $1,225,000 | 2 Story | 4,839 s/f, 4 bedroom, 5 bath, 4 Car Garage | Pool
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The Cliffs
Regency
- Emerald Sunset | $528,995 | Single Story | 1,665 s/f, 2 Bed, 2 Bath, 2 Car Garage, No Pool
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The Crossing
West Hills
- Alderton Lane | $345,000 | 2 Story | 2,112 s/f, 4 Bedroom, 3 Bath, 2 Car Garage | Pool
- Alderton Lane | $375,000 | 2 Story | 2.339 s/f, 5 Bedroom, 3 Bath, 2 Car Garage | Pool
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The Gardens
Marbella Ridge
- Mallorca Ave | $269,000 | 2 Story | 1,802 s/f, 2 bedroom, 2 bath, 3 car garage, No pool
- Mallorca Ave | $267,500 | 2 Story | 1,802 s/f, 2 Bedroom, 3 Bath, 2 car Garage | No Pool
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The Hills
Hillpointe
- Windsor Locks | $380,000 | Single Story | 2, 289 s/f, 2 bedroom, 3 bath, 2 car garage, No Pool
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The Mesa
Amado
- Beckett Hill | $400,000 | 2 Story | 2,471 s/f | 4 Bedroom, 3 Bath, 2 Car Garage | No Pool
- Trilling Bird | $360,000 | 3 Story | 2,324 s/f | 4 Bedroom, 3 Bath, 2 Car Garage
- Twin Feathers | $315,500 | 2 Story | 1,954 s/f, 3 bed, 3 bath, 2 car Garage, No Pool
- Twin Feathers | $318,500 | 2 Story | 1,954 s/f, 3 bedroom, 3 baths, 2 car Garage | No Pool
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The Paseos
Barcelona
- Cabrera Court | 535,000 | 2 Story | 3,540 s/f, 4 bed, 4 bath, 3 car garage, Pool | No Pool
Delano
- Elder View Drive | $624,000 | 2 Story | 3,589 s/f, 5 bed, 4 bath, 3 Car Garage | No Pool
Palomar
- La Prada | 590,000 | 2 Story | 2.932 s/f, 5 bed, 5 bath, 2 Car Garage | Pool
Serrano
- Chervil Valley Drive | $803,000 | 2 Story | 4,576 s/f, 5 Bed, 5 Bath, 3 Car Garage | No Pool
Taos Estates
- Arroyo Justin Ave | $420,000 | 2 Story | 3083, 4 Bedroom, 4 Bath, 3 Car Garage | No Pool
Valencia
- Mexican Poppy St | $337,000 | 2 Story | 2,406 s/f, 4 Bed, 3 Bath, 2 Car Garage | Pool
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The Trails
Summer Trail Townhomes
- Summer Blossom Ct | $275,000 | 2 Story | 2,475 s/f, 3 Bedroom, 2 Bath, 2 Car Garage | No Pool
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The Vistas
Corta Bella at Summerlin
- Corta Bella Drive | $700,000 | 2 Story | 4,034 s/f, 3 Bed, 5 Bath, 3 Car Garage | Pool
Kingwood Knoll
Paradiso
- White Cliffs Ave | $625,000 | 2 Story | 3,655 s/f, 4 Bed, 4 Bath, 3 Car Garage | Poo
Vista Verde
- Espadrille Court | $437,950 | 2 Story | 2,526 s/f, 4 Bedroom, 3 Bath, 2 Car Garage | No Pool
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The Willows
Willow Creek
- Willow Valley | $1,417,500 | 2 Story | 5,909 s/f, 4 Bedroom, 4 Bath, 3 Car Garage | Pool
Willow Glen
- Willow Glen | $300,60 | 1 Story | 1,676 s/f, 3 bed, 2 bath, 2 Car Garage | No Pool
Woodridge
- Broadhead | $245,000 | One Story | 1,409 s/f, 3 bedroom, 2 bath, 2 car garage | No Pool
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Ready to sell a House in Summerlin?
Lori Ballen Team lives, works, and plays in Summerlin and is ready to get yours sold FAST and for TOP DOLLAR! Call or Text 702-604-7739 or email us to schedule a time to meet or to answer your questions.
Sold a home with Ballen last year. Everyone we spoke to was professional from the very first conversation to the last phone call. Lynn & her team were always on top of our situation and helped moved things along several times when the sale stalled. They were readily available and called us back promptly the few times we couldn’t reach them right away. Knowledgeable and professional, this group was a pleasure to work with and I would highly recommend them!
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