Summerlin has retained its number 3 ranking nationally for 2020 based on new home sales, according to RELCO, a national real estate consulting firm. They have been ranking the sales in master-planned communities since 1994.
Summerlin was also ranked number 3 in 2019. In 2020, there were 1,456 new homes sold in the community. This was a wonderful achievement during the pandemic and the economic impact it brought to Las Vegas.
Kevin T. Orrock, president of the Las Vegas Region, The Howard Hughes Corp. stated “Summerlin’s exceptional and sustained performance throughout 2020 is due in large part to the fact that MPCs are proven to better hold their value during times of crisis, when there’s historically been a flight to quality. With the reprioritization of values triggered by the pandemic, the concept of home — and a quality work-life experience — has never been more important. Summerlin’s active, healthy lifestyle is the ultimate perk for both home and office. Particularly as Downtown Summerlin continues to expand its office offerings and capitalize on the national trend to move workplaces closer to home, more residents will enjoy shorter daily commutes, further enhancing overall quality of life.”
During 2020, Summerlin opened 10 new neighborhoods, including several in Summerlin West, the newest region of the community to take shape with the districts of Redpoint and Redpoint Square at the top of people’s interest.
According to Orrock, Summerlin West signals the dawn of a new era in the community where the focus is shifting to create higher-density residential districts but still designed in harmony with the surrounding natural environment. Homes in these new neighborhoods include a mix of single-family detached homes of all sizes, town homes, attached two-story duplexes and a mix of front- and alley-facing garages.
If you are interested in purchasing a newly built home in Summerlin, contact the Nevada Builder Trade In Program operated by the Smith King Team. Through this program we work with Century Communities, Pulte Homes and Woodside Homes, as well with other builders other than our builder partners that are sitting with standing inventory and we offer similar benefits as the Nevada Builder Trade-In Program. If you own an existing home in the Las Vegas Valley and are looking for a newly built home contact the Smith King Team. When you are ready to move one of our wonderful agents will be with you every step of the way both virtually and in person. We follow social distancing regulations and wear masks, gloves and booties.
Keep in mind that whether you are interested in buying a home or selling a home, a Realtor should represent you– this person is working for your benefit and will help you navigate through the buying or selling process. I have thirteen years in New Home Sales and seventeen years in General Real Estate sales! We have celebrated selling both New and Resale Homes for over thirty years…..
I am here to answer any questions you might have – just email or call me.
Thanks and make it a terrific day…………Robin