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

Work with an expert!

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