Let’s be honest—July in Vegas is hot. But the real estate market? It’s finally catching its breath. And I’m not mad about it.

For the first time in a long time, buyers actually have options. Sellers are adjusting. And in between? A lot of opportunity—especially if you’re not the kind of person who waits for a headline to tell you what to do.

 A Little Market Context (but make it quick)

Here’s what I’m seeing:

• Inventory’s up about 5%, with 7,478 homes on the market—more than we’ve had in years.

• New listings? Weirdly down almost 10%.

• Pending + closed sales? Both dipped around 7%.

• And yet... median sales price ticked back up to $485K. Yep, matching the all-time high.

So no, this isn’t a crash. It’s a recalibration. Buyers have room to think, and sellers who are serious? They're showing their cards.

California’s Still Packing Boxes

Almost 39,000 Californians have made Nevada their new home in 2024. Mostly from LA and Orange County. Mostly bringing equity, urgency, and zero patience for fixer-uppers.

But it’s not just retirees or second-home people anymore. The new trend?
First-time luxury buyers—younger, mobile, and looking for move-in ready, tech-forward, low-maintenance everything.

Meanwhile… Vegas Is Doing the Most during the sleepy days of a hot summer

You might think real estate is slowing down, but Vegas? Not even a little. Here’s what’s actually happening:

• The A’s Ballpark officially broke ground—$1.5B going right into the Strip.

• LIV Golf is coming to Las Vegas Country Club in early 2026 (yes, that’s huge).

• Bottle Blonde opened with its $50M glitter bomb energy.

• Tesla tunnels are expanding to connect UNLV, the airport, T-Mobile Arena, and Park MGM—with a 9-level garage and 72 Tesla superchargers planned.

So yeah, under the surface? This city is buzzing and gearing up for a big 2026.

Two Listings You Shouldn’t Sleep On

Now let’s talk about two homes that just became even more interesting.

8390 Carmel Ridge Court – Spanish Trail

Now $799,000

• 2,190 sq ft | Single story | 3 bed, 3 bath

• Vaulted ceilings, tons of natural light

• Private courtyard and gated front entry

• Spacious living areas, updated finishes

• Located inside the lush, guard-gated Spanish Trail community

Why it matters:
This isn’t just an address—it’s a lifestyle. Under $800K in Spanish Trail puts you in a fully gated, mature luxury neighborhood with golf, tennis, and serious privacy. And single story? Rare.

786 Etter Creek – Stonebridge, Summerlin

Now $1,199,000

• 2-story Lennar home | 4 bed, 3.5 bath

• Gorgeous open-concept design

• Upgraded kitchen and interiors throughout

• Pool + spa in the backyard

• Upstairs balcony with stunning Strip and mountain views

• Located in Stonebridge, one of Summerlin’s most scenic, amenity-rich villages

 Why it matters:
This is that move-in-ready, turnkey Summerlin dream—luxury without the renovation headache. And that view from the upstairs balcony? Straight out of a Vegas postcard with Strip and Mountain views.

What’s Next?

If you’re more of a new-home person, here’s what I’m tracking:

• Skye Canyon – New releases from Century Communities just launched in the low 500s.

• Reverence – Summerlin’s secret weapon with townhomes under $500K

• La Cova at Lake Las Vegas – Gorgeous homes on the Lake and not age-restricted

• Ascension – Finally, quick move-ins available again

• Grand Park – Early stages, but already reshaping west Summerlin