Summerlin Housing Market Report March 2025Clark County, Nevada

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Housing Prices in Summerlin, NV

How much do homes in Summerlin, NV cost?

Housing Market Conditions

Is Summerlin, NV a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Summerlin is a Seller's Market

Difference Since March 2024

Since last year, Summerlin has remained a Seller's Market.

Insight

Summerlin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$465,472$290/SqFt
+$32,306
+7.5%

Based on all homes sold in the last 12 months

Insight

Homes in Summerlin have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in Summerlin was $465,472 in March 2025, up 7.5% from last year, and the median price per square foot was $290.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1$185K$195K
+5.4%
2$359.9K$400.1K
+11.1%
3$460K$483.2K
+5.1%
4$580K$652K
+12.4%
5$805K$1.1M
+47.5%

Summary: Summerlin housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +5.4%. The home price for 2 bedroom homes increased by +11.1%. The home price for 3 bedroom homes increased by +5.1%. The home price for 4 bedroom homes increased by +12.4%. The home price for 5 bedroom homes increased by +47.5%.

How does Summerlin, NV compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Summerlin, NV

Housing supply in Summerlin, NV

How many homes are available in Summerlin, NV?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
703Last MonthMar 2025
5952 months agoFeb 2025
+18.2 %
Change MoMFeb – Mar

Summary: The Summerlin real estate market had 703 homes for sale in Mar 2025, a 18.2 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
123Last MonthMar 2025
1302 months agoFeb 2025
-5.4 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
11314
+7.7%
2297333
+12.1%
3162202
+24.7%
491103
+13.2%
53251
+59.4%

Summary: Summerlin housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +7.7%. The inventory for 2 bedroom homes increased by +12.1%. The inventory for 3 bedroom homes increased by +24.7%. The inventory for 4 bedroom homes increased by +13.2%. The inventory for 5 bedroom homes increased by +59.4%.

Asking Price vs. Sold Price

How much do homes in Summerlin, NV cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price12 Homes

At Asking Price31 Homes

Under Asking Price80 Homes

Insight

If you're buying a home in Summerlin, you may be able to get a good deal. 65% of homes here sold below asking price last month.

Summary: A total of 123 homes were sold or pending in Summerlin in March 2025, down by 5.4% month-over-month. Of the 123 sold homes, 65% were sold under asking, 25% were sold at asking, and and 10% were sold over asking.

Days on Market for Summerlin, NV

How long does it take to sell a home in Summerlin, NV?

Breakdown of Home Sale Times

Under 30 Days63 Homes

30 – 90 Days38 Homes

Over 90 Days22 Homes

Insight

Many homes in Summerlin are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 123 homes were sold in Summerlin; 51% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
47 DaysThis YearMar 2025
30 Days1 year agoMar 2024
+58.6 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Summerlin had an average listing age of 47 days in Mar 2025, up by 58.6% compared to the previous year.

Newest Listings in Summerlin, NV

What homes are available in Summerlin, NV?

MLS Disclaimers and Copyright

Based on information from Greater Las Vegas MLS, for the period 04/01/2023 - 04/01/2025

IDX Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed.

Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/2/2025, 6:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.