If you’re 55+ and thinking about downsizing, relocating, or simply finding a lifestyle-focused home in Summerlin—this might be the best moment we’ve seen in years.
We’re talking new construction, top-tier location, and a price point that’s still within reach—but likely not for long.
The Market Is Adjusting—Not Crashing
Right now, the Las Vegas market is in a reset—not a slowdown.
Active listings: Over 6,800, up 8% month-over-month
Sales: Just over 2,000 in the last 30 days
Prices: Median home price sits at $480,000, up 2.3% from last year
Pace: Homes are sitting a bit longer—averaging 49 days on market
This is a window of opportunity. More inventory. More time to think. And for buyers, that means leverage.
And Builders? They’re Motivated
Right now, new construction in 89138 is offering:
- Long-term rate buy-downs
- Up to $58,000 in incentives
- Quick move-in availability
But with housing permits down, builders are slowing. That means fewer homes coming in the pipeline—and fewer deals like these.
Las Vegas Is Growing Smarter
What gives me long-term confidence?
Las Vegas isn’t just expanding—it’s transforming.
Tech, logistics, and AI firms are bringing high-wage jobs to the valley
UNLV Med School grads are staying local and improving healthcare access
A potential business court could attract corporate HQs
The hospitality industry is going tech-first, with AI-driven hotel models creating new job sectors
This shift means a stronger, more resilient housing market, built on long-term jobs—not just tourism.
8 New Home Communities in 89138 Under $650K:
Monument at Reverence (Pulte) – Townhomes under $500K
Groves at Caldwell Park (KB) – From $405K
Quail Cove (KB) – From $450K
Vireo (Woodside) – From $475K
Lark Hill (Taylor Morrison) – From $486K
Vertex (Tri Pointe) – From $494.5K
Nighthawk (KB) – From $540K
Landings at Caldwell Park & Alton (KB) – From $522K