Stephen Tomes

Market Data

Summerlin Housing Market — Live Data

Live active inventory, trailing-12-month closings, median asking price, and $/sqft for Summerlin, NV — pulled hourly from the GLVAR MLS via OpenIDX.

Active inventory
13,926
Closed (12 mo)
17,253
Months of supply
9.7
Median list
$479,000

Summerlin live market data

Active MLS listings
13,926

Right now, GLVAR

Closed transactions (12 mo)
17,253

Trailing 12 months

Months of supply
9.7

Indicates a buyer's market

Median list price
$479,000

Active inventory

Active price band
$1 – $29,500,000

Source: Greater Las Vegas Association of REALTORS® (GLVAR). Months-of-supply = active inventory ÷ (trailing-12-month closings ÷ 12). Block-level conditions vary.

Reading the Summerlin market

Months-of-supply is the most useful single number for evaluating the Summerlin market. Under 4 months historically indicates a seller's market (multiple offers common, list-to-close above 100%). Over 6 months indicates a buyer's market (price reductions common, list-to-close under 100%). Between 4 and 6 is balanced.

These numbers vary materially block-by-block in Summerlin. A guard-gated luxury enclave can sit at 9 months of supply while a sub-$600K family-home pocket two miles away sits at 2.5 — and citywide medians can hide both. When you're ready to move on a specific property, Stephen pulls the data tied to your exact street and floor plan.

Summerlin housing market FAQ

Is Summerlin a buyer's or seller's market right now?+

Today's months-of-supply for Summerlin, computed from live MLS active inventory and trailing-12-month closings, sits at roughly 9.7 months — historically considered a buyer's market. Block-by-block conditions vary; Stephen pulls neighborhood-specific data on the first call.

What's the median home price in Summerlin?+

The current median list price for active Summerlin listings is $479,000.

How fast are Summerlin homes selling?+

Days-on-market and list-to-close ratios vary block-by-block in Summerlin. Stephen pulls these specific to the property you're considering — not a citywide average — so your offer strategy is tied to the relevant comp set.

Will Summerlin home prices go up or down in 2026?+

Stephen does not forecast. He brings forward the data — months-of-supply, absorption rate, year-over-year median, and the relevant comp set — and lets clients make the call with full information. The Las Vegas valley sits in the middle of a multi-year inventory normalisation; conditions are not uniform across submarkets.

How is the Summerlin luxury market different from the broader market?+

Summerlin luxury inventory ($1.5M+) typically has longer days-on-market and higher months-of-supply than the median market, but the absolute number of high-end transactions has remained strong through 2025. Many luxury sales never appear on the public MLS — Stephen tracks off-market and pre-list inventory daily.

Get a free Summerlin CMA

Stephen runs free comparative market analyses on any specific Summerlin address — for buyers writing offers and sellers planning to list. (702) 703-9077.