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Small pet considered.Ĭopyright © 2023 Greater Las Vegas Association of REALTORS ®, Inc. Amazing resort style amenities finishes if off w/ 2 pools, fitness center, recreation room, outside living area & tennis courts. Casita offers HUGE living area, dbl sinks & shower. Beautifully landscaped backyard the perfect entertaining space including cozy fireplace. HUGE primary bedroom has balcony access along with custom walk-in closets, his/her sinks & separate tub/shower. Outstanding kitchen perfect for the chef in the family w/multiple upgrades including quartz counters, island, designer backsplash & stainless appliances. Open & airy floorplan is perfect layout for entertaining & features formal living w/high ceilings, dining area & separate family room.
Summerlin house roofs code#
Just behind that is ZIP code 89135, which also is in Summerlin and according to SalesTraq had a median sales price of $378,999.WELCOME HOME TO THE EXCITING SUMMERLIN TRACCIA GUARD GATED COMMUNITY!! Gorgeous greenbelt leads you home. Once you start hearing constant cooing and shuffling on your roof, you. It went on to explain that “for the third consecutive year (2017), the highest median sales price is in the 89138 ZIP code, around Alta and Desert Foothills Drives in Summerlin, at $385,000.” However, the problem arises when birds decide to turn your home into their new habitat. The Review-Journal reported in March that “home prices climbed in every ZIP code in the Las Vegas Valley last year amid strong demand and plunging availability.” The report added that the “newer, more affluent suburbs posted the highest overall prices, according to Applied Analysis’ SalesTraq.” A rebounding job market in Southern Nevada is another, compounded by no state income tax and numerous other economic factors, including cost-of-living numbers that are bringing hordes of Californians.īut Summerlin remains high as a priority location for home-seekers. Severe weather is one, especially after this past winter in much of the country. There are many reasons for the relocation of large chunks of population from different sectors of the country. Synergy/Sothebys International Realty Housing Stock Most of the housing is single family, and residences in the older sections, established in the 1990s, are in. The Census Bureau also reports that 55 percent of Nevadans own their homes, remarkably low compared with other states. For another, that was an upward bump from having the third-highest county growth rate in the nation only the year before, which in itself is reason enough to understand the inability to meet housing demands.Īnd while the desire for one-family housing is well in excess of the supply, the demand for affordable rentals throughout the valley is even more imperative.
Suffice it to say that homebuyers keep coming to Las Vegas, and especially to Summerlin, at a pace that far exceeds builders’ ability to produce or the housing market’s ability to provide sufficient resales.įor one thing, Clark County’s population growth was the second-highest in the country in 2017, according to the U.S. The economic and sociological reasons are numerous. Applied Analysis is a major Nevada economic research and analysis firm. That was what Howard Hughes, the wealthy eccentric of yesteryear, paid the federal government for much of the nearly 25,000 acres we now know as Summerlin.īut according to SalesTraq, the real estate arm of Applied Analysis, the highest median sales prices for homes in the Las Vegas Valley are being recorded in Summerlin.
In a nutshell, property in Summerlin - which, ironically was labeled a desert wasteland as recently as the mid-1950s and which sold then for as little as $2 and $3 an acre - is now among the hottest real estate commodities in the nation.
As a result, values of homes have been soaring through their roofs. The short of it is that the supply of houses for sale in and around Summerlin has been nowhere near meeting the overwhelming demand.
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