With the start of the fall season just weeks away, Summerlin and its dynamic and vibrant urban core of Downtown Summerlin are preparing for three events that have become seasonal community traditions for residents of all ages and interests.
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The master-planned community of Summerlin, totaling 35 square miles and stretching for 15 miles along the western edge of the Las Vegas Valley, is known for spectacular views given its higher elevation and geographic position.
LVR reported that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service during July was $450,000. That’s up 2 percent from June, but down 3.2 percent from $465,000 in July of 2022. Local home prices are still below the all-time record of $482,000 set in May of 2022.
Tri Pointe Homes has five communities recently opened or scheduled to open by end of year.
Southwest Gas announced the donation of 20 water heaters to Rebuilding Together Southern Nevada, a nonprofit organization that provides critical home repairs to low-income seniors, veterans and individuals with disabilities.
An estate reimagined to feature the only custom design of its kind in the Foothills community of Southern Highlands has hit the Las Vegas market for $1,399,900.
Joining the lineup of new-home neighborhoods in the master-planned community of Summerlin is Vertex by Tri Pointe Homes.
On Saturday, Aug. 12, home shoppers are invited to visit Bella Strada’s brand new models from 10 a.m. to 6 p.m. Guests will enjoy model home tours, food truck fare from Slidin’ Thru and sweet pastries from popular Southern Nevada bakery Freed’s.
In many cases, neighborhoods nearing close-out offer special opportunities for buyers including special pricing, extra upgrades and other incentives.
Juhl, the loft-style high-rise condominium community, which spans an entire city block in downtown Las Vegas, has reached its final sellout phase with 93 percent now sold and only 26 condominium homes remaining.
Summerlin continues to demonstrate strong demand for housing as Nevada’s top-selling community ranked No. 5 nationally in new home sales in a recent midyear report by national real estate consultant RCLCO. The Summerlin community, developed by The Howard Hughes Corp., sold 544 new homes during the first six months of 2023, continuing its strong sales momentum, and maintaining the prominent position it has held on the RCLCO list for over two decades.
“Planning for schools — both public and private — was foundational to the development of the master plan,” said Danielle Bisterfeldt, senior vice president of marketing and consumer experience for Summerlin.
When Las Vegas native and real estate agent Jennie Kim with Realty One Group Summerlin office took a prospective homebuyer to visit Tri Pointe Homes’ gated Contour townhome community near the Blue Diamond shopping district, she hadn’t planned on becoming a new Tri Pointe homebuyer herself.
The Summerlin® Children’s Forum, a nonprofit organization established in 1997 by leaders of the Summerlin master-planned community and its developer, The Howard Hughes Corp., recently awarded four college scholarships to outstanding high school graduates who are residents of the community.
This year’s Fourth of July Summerlin parade drew more than 50,000 parade-goers and featured 70 entries.