Something happened on Desert Hollow Avenue this week that every buyer in Summerlin West needs to know about.
The home right next door to 11636 just went under contract.
Same street. Same lot size — 3,920 square feet. Same year built. Same views.
1,997 square feet. $690,000.
I spoke to the neighbor yesterday. He told me he wishes he had negotiated harder on the home he is under contract on.
Because he knows what the data already shows.
And now I am going to show you too.
What The Market Is Actually Saying
Let me share with you what the current resale data looks like for comparable homes in 89138 right now.
Average sold price — $714,913. Median sold price — $709,950. Average sold price per square foot — $342. Sale to list ratio — 98%.
That is where this market is actually trading.
Now look at 11636 Desert Hollow.
2,081 square feet. $669,000. $321 per square foot.
That is $21,000 less than the neighbor who just went under contract. With 84 more square feet. With features the neighbor simply does not have.
The third floor loft with Strip views. The third floor balcony with expansive desert panorama. Striking mountain views from the primary bedroom and bath. No rear neighbors. Premium lot. Immaculate 2023 Taylor Morrison.
And priced $45,000 below the average sold price for this market.
What This Means For You
The neighbor going under contract at $690,000 for a smaller home with fewer features is the market telling you something specific.
Homes on Desert Hollow Avenue with these specs and this lot size are worth more than $669,000.
The buyer who is under contract next door knows it. He told me himself.
The average sold price in this zip code knows it. $714,913.
And the buyers who are paying attention right now — in a spring market where smart sellers are pricing sharp and smart buyers are finding genuine value — are the ones who are going to look back at this window and feel like they made the right call.
Desert Hollow is not waiting forever.
The Vegas Confidential Take
There is a lot of noise in this market right now. Rates moving. Headlines shifting. Buyers and sellers both hesitating.
But the data does not hesitate.
A comparable home on this street just went under contract at $690,000.
The average sold price for this market is $714,913.
And 11636 Desert Hollow is sitting here at $669,000 — with more square footage, better features and views that the resale market at this price point simply cannot replicate.
Summerlin plays for the long game.
And so should you.
11636 Desert Hollow Avenue. Crested Canyon. Summerlin West. $669,000.
Book a showing at jennifergraffrealtor.com
I’m Jennifer Graff with The New Home Experts Las Vegas. Twenty years in this market. Here to help you make the right move — not just any move.
And this… is your Vegas Confidential.
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