Summerlin, located west of the Las Vegas Strip is celebrating their 30th anniversary this year. Despite the COVID-19 crisis, it has retained its No. 4 spot in a recent national report that ranked master-planned communities for the midyear. It had 642 sales, down from 675 in 2019, a decline of 5 percent.
Summerlin saw its strongest new-home sales in 2019 since the Great Recession and sales were strong in January and February before the pandemic hit, and sales went down a bit for May/June but has bounced back. People are relocating from California. Taxes, politics, Covid, riots and a number of other factors are contributing to this influx of new homeowners.
Kevin Orrock, president of the Las Vegas region for the The Howard Hughes Corp., the developer of Summerlin, said one of the beneficiaries already is Summerlin West, the area of the community west of the 215 Beltway and north of Far Hills Avenue. It will be home to the community’s most diverse offering of homes to date, including a greater inventory of more affordably priced homes with smaller footprints to meet growing consumer demand, Orrock said.
Homes for sale in Summerlin