Insight Luxury Report | 2025 Year-End

INSIGHT LU X U R Y R E P O R T

2025 YEAR-END

THE 2025 YEAR-END I N S I G H T LU X U R Y R E P O R T At Las Vegas Sotheby’s International Realty, we set the global standard in luxury real estate for a city on the rise. Serving Henderson, Summerlin, North Las Vegas, Boulder City, and the Strip, we provide data-driven insights and personalized service in one of the nation’s most dynamic markets.

As part of a premier global network spanning 84 countries, 1,100 offices, and over 26,000 associates, we bring world-class reach and reputation to every transaction. Whether you’re seeking a primary residence, second home, or high-performance investment, our mission is to provide strategic guidance and an exceptional experience at every step.

Las Vegas continues to redefine itself as a world-class destination for luxury, sports, and entertainment. From marquee events like the Super Bowl and Formula 1 Grand Prix to the arrival of the Oakland A’s, the city has firmly positioned itself as a magnet for elevated living and high-impact investment.

Looking ahead to 2026, Las Vegas and the valley continue to transform with significant developments across hospitality, residential, and lifestyle sectors. The Strip will see new hotel concepts and entertainment offerings (including The Vanderpump Hotel), while luxury residential projects like Four Seasons Private Residences and new mixeduse lifestyle centers such as The Cliff are reshaping Henderson. Events like CES 2026 continue to reinforce the city’s role as a global hub for innovation and experience-driven tourism.

Las Vegas Sotheby’s International Realty guides you through this growth. With refined service, global connections, and unmatched local knowledge, we are your trusted partner in navigating the evolving luxury real estate landscape in a city transforming in 2026 and beyond.

Tom Marsaw

C O R P O R AT E & M A N AG I N G B R O K E R

Las Vegas Sotheby’s International Realty publishes Insight, a bi-annual luxury market report magazine. All materials are copyrighted and cannot be reprinted or duplicated without permission, including photographs, artwork, designs, and text. The publication is distributed free to readers throughout Southern Nevada. Additional copies and advertising information can be requested by contacting Las Vegas Sotheby’s International Realty.

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®,™ and SM are licensed trademarks to Sotheby’s International Realty Affiliates, Inc. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated, Except Offices Owned And Operated By NRT Incorporated. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. * All information from sources deemed to be reliable although not warranted or guaranteed by or Sotheby’s International Realty® All information from sources deemed to be reliable although not warranted or guaranteed by or Sotheby’s International Realty® Data pulled from MLS as of January 5, 2026.

4 SUMMERLIN

9 L A S V EG A S

13 HENDERSON

19 BOULDER CITY & N O R T H L A S V EG A S

20 V E R T I C A L V EG A S

S ummerlin communities

B E L L AC E R E # of Transactions Average Sales Price Average Price per SF Average Days on Market

C A N YO N FA I R WAYS 2024 6 $2,698,334 $544 55

2025 4 $2,873,751 $520 49

CHANGE -33% 7% -4% -11%

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 8 $3,019,375 $581 56

2025 4 $3,073,750 $596 37

CHANGE -50% 2% 3% -34%

Bellacere is a truly intimate community filled with a wealth of green spaces that only fifty-four families can enjoy. Designed so that most residences are situated far from the exterior boundaries, Bellacere offers a quiet, small-town feel, while outside the walls, a host of amenities and conveniences await within the master-planned community of Summerlin.

Situated for luxury and conveniently named for backing up to Tournament Players Club Las Vegas—a public golf course Golf Digest described as “one of the best”—this community welcomes you through a 24-hour guard-gated entrance to discover lavish homes set against stunning views of the Las Vegas Valley.

C O U N T R Y C LU B H I L L S

MESA RIDGE

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 2 $1,602,500 $338 40

2025 8 $3,926,250 $526 76

CHANGE 300% 145% 56% 90%

Country Club Hills is a prestigious guard‑gated community set along the Tournament Players Club Summerlin Golf Course, featuring a collection of approximately 170 semi‑custom luxury homes by Christopher Homes with panoramic golf‑course views and easy access to the Trails Village shopping and recreation amenities within the master‑planned Summerlin community.

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# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 37 $2,744,847 $660 46

2025 15 $2,765,467 $664 50

CHANGE -59% 1% 1% 9%

Mesa Ridge is nestled against Spring Mountain, providing unobstructed views. With three collections of uniquely modern Toll Brothers homes and numerous amenities, this exclusive gated community offers a contemporary lifestyle. It is ideally located near the 215 Beltway, shopping, dining, entertainment, and top-rated Summerlin private and public schools.

S ummerlin communities

M O U N TA I N T R A I L S # of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 10 $2,727,596 $404 90

PA L I S A D E S 2025 6 $2,960,000 $417 16

CHANGE -40% 9% 3% -82%

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 13 $2,312,692 $459 36

2025 12 $2,410,438 $518 24

CHANGE -8% 4% 13% -33%

A community within a community, Mountain Trails resides in The Trails section of the master-planned Summerlin, long recognized as the pinnacle of Las Vegas living. Life at Mountain Trails begins by passing through the guard-gated entrance and follows a path of unparalleled possibilities.

As its name implies, Palisades is a distinctive barrier to the common world. Drive through the guard-gated entrance, and you’ll leave the ordinary behind. Situated along the Tournament Players Club Las Vegas Golf Course, Palisades offers an elevated lifestyle, with views of the Las Vegas Valley and the Canyon Fairways that truly enhance the experience.

R E D R O C K C O U N T R Y C LU B

R EG E N C Y AT S U M M E R L I N

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 47 $2,183,840 $580 34

2025 45 $2,569,333 $603 54

CHANGE -4% 18% 4% 59%

Set in the master-planned community of Summerlin, Red Rock Country Club is one of the most exclusive addresses in the valley, boasting not one but two signature Arnold Palmer golf courses— the private Mountain Course and the public Arroyo Course. Nearby Red Rock State Park adds inspiring natural beauty to the setting.

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 17 $939,353 $491 58

2025 8 $1,070,800 $530 44

CHANGE -53% 14% 8% -24%

Regency at Summerlin offers a luxurious lifestyle in an awardwinning, staff-gated community with single-story homes, sprawling grounds, and resort-style amenities. Residents enjoy 24-hour access to a private clubhouse, fostering a low-maintenance living experience that allows time for their passions, lasting friendships, and a variety of recreational pursuits.

INSIGHT 2025 YEAR-END

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S ummerlin communities

REVERENCE # of Transactions Average Sales Price Average Price per SF Average Days on Market

SIENA 2024 73 $1,357,992 $451 28

2025 30 $1,402,930 $458 29

CHANGE -59% 3% 2% 4%

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 117 $824,443 $369 33

2025 90 $882,656 $397 42

CHANGE -23% 7% 8% 27%

Reverence is an esteemed, multiple-award-winning Summerlin community. Meticulously designed for the ultimate in contemporary living, it offers a diverse collection of new homes and a world-class clubhouse behind the security of a 24-hour guarded gate, all set in an unparalleled, elevated location along the border of famed Red Rock Canyon.

This scenic active-adult community is nestled against the Spring Mountain range and features stately palms with lakeside views. The 18-hole Siena Golf Course, designed by Schmidt-Curley, offers a balanced blend of doglegs, fairways, and green complexes for an ideal golfing experience.

S PA N I S H T R A I L S

SUN CITY SUMMERLIN

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 81 $1,368,593 $370 34

2025 37 $1,271,646 $364 36

CHANGE -54% -7% -2% 6%

Spanish Trail, established in the 1980s as the first staff-gated community in southwest Las Vegas, is now a premier neighborhood surrounding the Spanish Trail Country Club. This private golf course, designed by Robert Trent Jones Jr., features 27 holes and scenic water features.

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# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 348 $573,099 $330 27

2025 372 $583,373 $334 41

CHANGE 7% 2% 1% 52%

Sun City Summerlin, an active adult community, is just a short distance from vibrant downtown Las Vegas and the iconic Strip.

Part of the well-planned Summerlin community on the western edge of the city, this established neighborhood features tree-lined streets, excellent shopping, fine dining, and acclaimed resorts, casinos, and spas.

S ummerlin communities

T H E PA S EO S

THE CLIFFS # of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 14 $1,233,039 $422 69

2025 3 $1,927,333 $621 7

CHANGE -79% 56% 47% -90%

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 113 $1,070,010 $366 37

2025 124 $1,059,458 $361 41

CHANGE 10% -1% -1% 11%

The Cliffs, a new village at the southern base of the Spring Mountains, spans 450 acres and offers a variety of residential options. Set against a dramatic ridgeline, it features amenities including Shelley Berkley Elementary School, Faiss Middle School, Bishop Gorman High School, Faiss Community Park, Wet ‘n’ Wild water park, and Aquatic Springs Indoor Pool.

The Paseos borders Red Rock Canyon and features an extensive paseo trail system that runs the entire length of the village. This is one of Summerlin's most popular communities. The Paseos has a fantastic park with soccer, t-ball, a water play area, picnic pavilions, and more.

THE RIDGES

T H E S U M M I T C LU B

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 49 $5,032,690 $837 65

2025 45 $5,261,444 $882 54

CHANGE -8% 5% 5% -17%

This private reserve of luxury homes, situated on 800 acres within the master-planned community of Summerlin, is recognized as one of the most exclusive neighborhoods in the country. The Ridges offers stunning views of the Las Vegas Strip to the east, while its western border showcases the breathtaking beauty of the Mojave Desert’s Red Rock Conservation Area.

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 2025 4 2 $24,925,000 $8,925,000 $2,674 $1,347 83 49

CHANGE -50% -64% -50% -41%

Nestled between Red Rock Canyon and the Las Vegas Strip, The Summit Club is the city’s only private residential lifestyle community. Residents enjoy five-star amenities, a championship golf course, outdoor activities, and unique culinary experiences.

From custom estate homesites to well-appointed residences, The Summit Club offers the ultimate luxury escape.

INSIGHT 2025 YEAR-END

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S ummerlin communities

TO U R N A M E N T H I L L S # of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 5 $3,705,000 $594 60

V I N E YA R D S 2025 3 $4,293,333 $737 87

CHANGE -40% 16% 24% 45%

Tournament Hills in Summerlin is a highly coveted address, centered around the renowned Tournament Players Club Summerlin, where Tiger Woods secured his first professional victory. Known for its luxury and opulence, the custom-designed residences range from classic to contemporary styles.

W I L LO W C R E E K # of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 14 $1,990,000 $498 53

2025 17 $1,874,118 $426 69

CHANGE 21% -6% -14% 30%

There are three subdivisions within the gate: Eden Ridge, a singlestory-only neighborhood offering a semi-custom product; Heritage Glen and Wood Glen, which feature larger tract homes; and Willow Falls, a separate gated custom community located within the Willow Creek guard gate.

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# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 8 $1,170,725 $360.38 53

2025 3 $1,495,000 $411.38 14

CHANGE -63% 28% 14% -74%

The residences at The Vineyards are designed for those seeking to elevate their lifestyle. Set among gently rising hills, The Vineyards represents the finest in semi-custom living. The community is highlighted by terraced walkways that wind through green spaces and lead to three private squares featuring relaxing water elements.

L A S V E G A S communities

C A N YO N G AT E C O U N T R Y C LU B # of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 33 $1,279,839 $363 42

2025 38 $1,330,039 $369 51

DESERT SHORES CHANGE 15% 4% 1% 21%

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 108 $682,419 $283 31

2025 123 $644,986 $286 38

CHANGE 14% -5% 1% 23%

Canyon Gate Country Club offers terrific views and challenging play for golfers of every skill level. Well-groomed fairways and greens keep the course demanding yet welcoming, and the staff is always available to offer tips and guidance for your best round.

Desert Shores is a master-planned, resort-style community located at the foothills of northwest Las Vegas. Developed in 1988, it includes 22 residential neighborhoods featuring condominiums, single-family homes, and large custom estates behind private gates. All lakefront homes offer direct access to the lakes, with the option of private docks.

L A S V EG A S C O U N T R Y C LU B

M O U N TA I N ' S E D G E

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 15 $841,600 $327 34

2025 11 $1,148,591 $312 50

CHANGE -27% 36% -5% 47%

Established in 1967 at the heart of Las Vegas, the Las Vegas Country Club is the city’s oldest country club. Despite the city’s penchant for demolishing and rebuilding, this elite, members-only club has stood the test of time. The Ed Ault–designed golf course, along with indoor tennis courts, a lap pool, a fitness center, a driving range, and more, contributes to its enduring appeal.

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 410 $521,384 $242 26

2025 364 $545,084 $242 44

CHANGE -11% 5% 0% 69%

Mountain’s Edge is a 3,500-acre master-planned community in southwest Las Vegas, featuring over 12,500 homes across more than 50 neighborhoods that blend desert-inspired architecture with modern living. The community offers parks, trails, and amenities such as pools, playgrounds, and community events, all within a 20-minute drive of the Las Vegas Strip.

INSIGHT 2025 YEAR-END

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L A S V E G A S communities

QUEENSRIDGE # of Transactions Average Sales Price Average Price per SF Average Days on Market

RHODES RANCH 2024 46 $1,470,219 $330 28

2025 39 $2,017,473 $386 46

CHANGE -15% 37% 17% 64%

Queensridge is an upscale community located on the west side of Las Vegas, just east of Summerlin. This highly sought-after community spans approximately 800 acres of luxury living. As part of the Peccole Ranch development, the architecture is inspired by a European countryside theme.

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# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 169 $603,845 $250 37

2025 135 $623,920 $257 39

CHANGE -20% 3% 3% 5%

Rhodes Ranch is a master-planned, guard-gated community in southwest Las Vegas, encompassing 1,330 acres and featuring nearly 4,000 single-family homes centered around the Rhodes Ranch Golf Club. Residents enjoy resort-style amenities, including a recreation center, pools, a water park, and fitness facilities. The community is located near major highways and shopping centers.

L A S V E G A S communities

S C OTC H E I G H T Y # of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 11 $ 1,942,545 $ 383 24

S EC T I O N 1 0 2025 5 $ 1,444,000 $ 347 63

CHANGE -55% -26% -10% 163%

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 36 $1,190,994 $297 60

2025 33 $1,374,313 $354 63

CHANGE -8% 15% 19% 5%

Scotch Eighty in Las Vegas features vintage homes with unique histories, once owned by celebrities such as Jerry Lewis and Holly Madison. Known for its character and historic charm, this neighborhood—dating mainly to the 1950s, though construction began in 1913—remains popular and is conveniently close to the Las Vegas Strip.

The Section 10 community, located on the west side of Las Vegas, received its name from its legal designation. Bordered by Desert Inn, Buffalo, Sahara, and Rainbow Boulevards, this unique neighborhood contains only custom homes on half-acre or larger lots, with no association fees except in some gated cul-de-sacs. It is conveniently located with easy access to the Strip and the airport.

S EC T I O N 1 1

S K Y E C A N YO N

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 24 $464,300 $273 22

2025 36 $504,458 $259 44

CHANGE 50% 9% -5% 100%

The Section 11 community, much like its adjacent Section 10, sits on the west side of Las Vegas and received its name from its legal designation. This unique neighborhood contains only custom Las Vegas homes on half-acre or larger lots, with no association fees except in some gated cul-de-sacs. It is conveniently located with easy access to the Strip and the airport.

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 321 $ 614,558 $ 258 51

2025 281 $ 600,775 $ 266 54

CHANGE -12% -2% 3% 6%

Skye Canyon in northwest Las Vegas offers the perfect balance of an active yet serene lifestyle, featuring top-notch amenities such as Skye Center, Skye Fitness, and extensive trails. With beautifully designed homes and easy access to both urban excitement and tranquil landscapes, this community is an ideal choice for those seeking a connected, well-rounded living experience.

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L A S V E G A S communities

S O U T H E R N H I G H L A N D S G O L F C LU B # of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 350 $1,029,649 $303 35

2025 357 $1,060,149 $310 48

CHANGE 2% 3% 2% 37%

S PA N I S H H I L L S # of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 5 $2,274,800 $404 87

2025 4 $2,445,000 $371 24

CHANGE -20% 7% -8% -72%

Living in Southern Highlands means one of the nation’s top private golf courses is just steps from your front door. This community of custom homes takes full advantage of the surrounding mountain terrain and the finely manicured fairways, complemented by picturesque water features.

Spanish Hills, renowned for its celebrity, business, and pro-athlete residents, features expansive lots and custom homes valued at millions. Enjoy tranquility and stunning views of Red Rock Canyon National Park and the Las Vegas Strip. Residents can relish a community recreation park and private tennis courts, with convenient access to highways, and shopping just minutes away.

S P R I N G VA L L E Y

THE LAKES

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 160 $554,015 $271 27

2025 170 $491,305 $268 40

CHANGE 6% -11% -1% 48%

Spring Valley, just west of the Las Vegas Strip, blends suburban comfort with city convenience. Home to over 219,000 residents, it features parks, diverse neighborhoods, and vibrant dining in Chinatown. Notable destinations include Desert Breeze Park, UnCommons, and the new Durango Casino & Resort—offering upscale entertainment and dining in the Southwest Valley.

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# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 121 $611,346 $278 24

2025 116 $633,629 $287 37

CHANGE -4% 4% 3% 54%

The Lakes is a 2-square-mile master-planned community in Las Vegas, situated in the western part of the Las Vegas Valley near the Spring Mountains and Red Rock Canyon National Conservation Area. With mature greenbelts, man-made lakes, maintained walking trails, and diverse water sports, residents can choose from a variety of housing options, including lakefront condominiums and estates.

henderson communities

A N T H E M C O U N T R Y C LU B # of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 98 $1,591,435 $419 42

2025 82 $1,726,456 $452 45

A S C AYA CHANGE -16% 8% 8% 7%

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 6 $9,672,667 $1,290 118

2025 3 $10,616,667 $1,415 97

CHANGE -50% 10% 10% -18%

Nestled in the foothills of Black Mountain, Anthem Country Club represents the pinnacle of living in the master-planned community of Anthem. Meandering along the golf course, it features a collection of upscale tract and custom residences set within nearly 5,000 acres of beautifully landscaped grounds, complete with a threemile walking loop.

Ascaya stands out with unparalleled views of the Las Vegas Strip and a collection of contemporary desert homes. This exclusive community offers a range of upscale amenities and activities, designed to foster community and enrich experiences. At its heart is a vibrant 23,000-square-foot clubhouse, serving as the central hub for social gatherings.

CADENCE

G R A N D L EG AC Y

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 637 $ 501,798 $ 259 55

2025 617 $ 537,637 $ 252 53

CHANGE -3% 7% -3% -4%

Cadence, located in the heart of Henderson, offers a superior living experience with breathtaking views, diverse housing options, and exceptional amenities. Residents enjoy the sprawling 50-acre Central Park, pools, scenic trails, and excellent schools, all within easy reach of Las Vegas and Lake Mead. Cadence isn't just a place to live—it's a place to thrive.

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 21 $1,126,643 $268 50

2025 28 $1,145,212 $295 31

CHANGE 33% 2% 10% -38%

In picturesque Green Valley, the Legacy development offers diverse single-family homes set against lush landscapes and mountain vistas. Nestled around the Legacy Golf Course, residences line the fairways and putting greens. Serene walking trails wind through the community, inviting leisurely strolls.

INSIGHT 2025 YEAR-END

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LUXURY LAKESIDE LIVING REDEFINED AT LAKE LAS VEGAS

Unparalleled Lake Access. Ultra Modern Architecture. Lake Las Vegas Lifestyle. This is The Island, the ultimate in lakeside living at Lake Las Vegas. All custom lots feature lakefront access and breathtaking views. Get away from it all and start your life on The Island at Lake Las Vegas.

T O L E A R N M O R E A B O U T T H I S O N C E I N A L I F E T I M E O P P O R T U N I T Y, V I S I T T H E L A K E L A S V E GA S R E A L ES TAT E I N F O R M AT I O N O F F I C E

2030 Lake Las Vegas Pkwy | Open Daily 10am to 5pm | 702.497.0300 | lasvegassir.com ®,™ and SM are licensed trademarks to Sotheby’s International Realty Affiliates, Inc. An Equal Oppor tunity Company. Equal Housing Oppor tunity. Each Office Is Independently Owned And Operated, Except Offices Owned And Operated By NRT Incorporated. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. * All information from sources deemed to be reliable although not warranted or guaranteed by Sotheby’s International Realty® S.0074661

DISCOVER

THE ISLAND LUXURY LAKESIDE LIVING REDEFINED AT LAKE LAS VEGAS

CUSTOM WATERFRONT LOTS NOW AVAILABLE

U N PA R E L L E D L A K E AC C E S S .

U LT R A M O D E R N A R C H I T E C T U R E .

L AKE L AS VEGAS LI FEST YLE .

henderson communities

G R E E N VA L L E Y N O R T H # of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 301 $ 637,125 $ 265 33

G R E E N VA L L E Y R A N C H 2025 304 $ 658,427 $ 273 40

CHANGE 1% 3% 3% 21%

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 123 $615,372 $299.52 21

2025 121 $673,668 $301.99 31

CHANGE -2% 9% 1% 48%

Green Valley North combines suburban tranquility with easy access to the Las Vegas Strip, just over 10 miles away. This upscale, gated community offers a variety of stylish apartments and single-family homes, appealing to families and professionals seeking a quiet, convenient lifestyle near the city.

Green Valley Ranch spans 1,310 acres and features a thoughtfully designed blend of elements. It includes 775 acres dedicated to residential areas, 310 acres for retail, office spaces, medical facilities, and a planned resort gaming hotel. Additionally, over 200 acres are set aside for community amenities such as parks, schools, recreational centers, open spaces, pedestrian and bike paths.

G R E E N VA L L E Y S O U T H

I N S P I R A DA

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 66 $560,506 $273.14 28

2025 64 $520,209 $274.43 31

CHANGE -3% -7% 0% 11%

Green Valley South, part of Southern Nevada’s first master-planned community developed in the 1980s, is known as the “Emerald of the Desert.” This upscale Henderson neighborhood offers scenic desert views, suburban amenities, and convenient access to Las Vegas entertainment, the airport, and a wide range of outdoor activities.

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# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 222 $ 655,310 $ 277 33

2025 210 $ 656,715 $ 271 42

CHANGE -5% 0% -2% 27%

Discover the vibrant Inspirada community, where new homes are complemented by amenity-rich parks and a wide range of activities designed for an active lifestyle. As a flourishing master-planned hub, Inspirada serves as the gateway to West Henderson, offering a dynamic and thriving living experience.

henderson communities

L A K E L A S V EG A S # of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 240 $1,009,100 $352 90

M AC D O N A L D H I G H L A N D S 2025 239 $1,042,531 $355 85

CHANGE 0% 3% 1% -6%

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 43 $4,096,046 $684 86

2025 70 $5,408,137 $848 91

CHANGE 63% 32% 24% 6%

If there is one place to feel a world away in the desert, it can only be Lake Las Vegas. Centered around a shimmering 320-acre lake, this resort community seamlessly blends luxury residential living with refined commercial offerings and championship golf, all just minutes from Las Vegas.

MacDonald Highlands is an ultra-luxury, guard-gated community offering stunning valley and Strip views, custom estates, and “Desert Elegance” design. Anchored by DragonRidge Country Club with a championship golf course, fine dining, fitness and tennis facilities, and miles of scenic trails, the community blends privacy, luxury, and convenient access to both nature and the city.

Q U A I L R I D G E E STAT E S

T H E FO U N TA I N S

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 6 $1,533,832 $292 62

2025 9 $1,577,778 $316 42

CHANGE 50% 3% 9% -32%

Quail Ridge Estates is a guard-gated Henderson community with just over 100 custom homes on half-acre lots. Known for its privacy, mature landscaping, and amenities such as tennis courts and a clubhouse, many residences also feature pools and casitas. Its prime Green Valley location offers tranquility just minutes from the Strip, shopping, dining, and highly rated schools.

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 13 $1,581,096 $329 25

2025 13 $2,069,231 $407 30

CHANGE 0% 31% 24% 20%

Known as one of the most prestigious addresses in Green Valley, Henderson, The Fountains is a hidden gem in the desert. With expansive lawns and tree-lined streets, the community evokes the charm of an East Coast neighborhood while offering the privacy and lifestyle of Las Vegas suburbia.

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henderson communities

SEVEN HILLS # of Transactions Average Sales Price Average Price per SF Average Days on Market

T H E C LU B AT M A D E I R A C A N YO N 2024 127 $1,022,272 $329 38

2025 101 $930,086 $321 25

CHANGE -20% -9% -2% -34%

Seven Hills is a master-planned community perched against the McCullough mountain range, offering breathtaking views of the Las Vegas Valley and a mix of architectural styles from classic Tuscan to modern design. Anchored by the Serket golf course by Rees Jones, the community blends scenic beauty, luxury living, and premier recreational amenities.

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# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 52 $887,879 $300 38

2025 39 $924,615 $310 45

CHANGE -25% 4% 3% 18%

The Club at Madeira Canyon is a guard-gated community within the larger Madeira Canyon master plan, offering privacy and breathtaking views of the surrounding mountains. Anchored by a premier clubhouse, residents enjoy lifestyle amenities and access to extensive outdoor features, including miles of walking trails, sports fields, and more.

henderson communities

BOULDER CITY OV E R V I E W

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 224 $512,505 $275 55

2025 199 $520,256 $288 44

CHANGE -11% 2% 5% -20%

Boulder City, 20 miles from the Las Vegas Strip, charms with its small-town atmosphere and rich Hoover Dam history. Known as the birthplace of the hard hat, the town blends historic character with scenic views of the Colorado River, offering a serene desert escape.

N O R T H L A S V EG A S OV E R V I E W

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 2899 $436,626 $235 34

2025 2810 $444,369 $239 39

CHANGE -3% 2% 2% 15%

North Las Vegas offers its own dynamic charm with Prohibition-era history, military heritage at Nellis Air Force Base, and modern development.

Visitors enjoy Las Vegas Motor Speedway, luxurious resorts, desert escapes, Dinosaur Park, and the renowned Shadow Creek Golf Course.

INSIGHT 2025 YEAR-END

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19

henderson communities

V E R T I C A L V EG A S 1

O N E Q U E E N S R I D G E P L AC E

12 R EG E N C Y TO W E R S

2

O N E L A S V EG A S

13 M E T R O P O L I S

3

N E W P O R T LO F TS

14 T R U M P R E S I D E N C E S

4

THE OGDEN

15 PA R K TO W E R S

5

JUHL

16 T H E M A R T I N

6

S O H O LO F TS

17 V DA R A

7

PA L M S P L AC E

18 V E E R TO W E R S

8

A L LU R E

19 PA N O R A M A TO W E R S

9

S K Y L A S V EG A S

20 WA L D O R F-A STO R I A

10 T U R N B E R R Y TO W E R S

21 S I G N AT U R E M G M

1

SUMMERLIN

LAS VEGAS

11 T U R N B E R R Y P L AC E

2

L A S V EG A S AT T R AC T I O N S

20

| L A SV E G A S S I R .C O M

A

MGM GRAND

B

T- M O B I L E A R E N A

C

T H E C O S M O P O L I TA N O F L A S V EG A S

D

B E L L AG I O

E

PA R I S L A S V EG A S

F

C A E S A R S PA L AC E

G

FLAMINGO

H

MSG SPHERE

I

THE VENETIAN

J

WYNN

K

FO N TA I N E B L E A U L A S V EG A S

L

SAHARA

henderson communities

4

DOWNTOWN LAS VEGAS

5

3 6

8 9

L

K

10

DOWNTOWN LAS VEGAS

11 12

14

13 J I H

F

7

D

16 N

17

19 ALLEGIANT STADIUM

B

15

G E

C

THE LAS VEGAS STRIP

18 20

21 A

HARRY REID INTERNATIONAL AIRPORT

INSIGHT 2025 YEAR-END

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vertical vegas

A L LU R E L A S V EG A S # of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 21 $435,309 $317 64

JUHL 2025 25 $351,660 $303 89

CHANGE 19% -19% -4% 39%

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 36 $403,478 $374 52

2025 10 $477,649 $420 33

CHANGE -72% 18% 12% -37%

Allure Las Vegas condos, between the modern Strip and historic Old Vegas, offer easy freeway access, a 41-story high-rise with a variety of floor plans, and stunning views of the Strip, desert, and mountains. Adjacent to the Sahara and near MGM Resorts’ outdoor space, it’s an accessible high-rise option on the iconic Strip.

In the Juhl community, residents enjoy a seamless blend of home, work, and outdoor living, supported by exclusive amenities and services. Juhl’s Downtown Las Vegas condos offer a distinctive lifestyle, placing residents at the center of the city’s Business, Arts, and Medical Districts and just steps from Downtown’s iconic destinations.

N E W P O R T LO F TS

O N E L A S V EG A S

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 7 $505,714 $345 114

2025 10 $411,600 $330 78

CHANGE 43% -19% -4% -32%

A modern loft oasis in the Arts District of downtown Las Vegas, Newport Lofts offers true loft living with spacious, open floor plans.

This 23-story tower is one of the few with all building amenities located on the rooftop, providing residents breathtaking views of the Las Vegas Strip and city skyline. Additional features include a 24-hour doorman, key fob security system, rooftop pool, and more.

22

| L A SV E G A S S I R .C O M

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 19 $437,863 $296 68

2025 20 $441,175 $281 79

CHANGE 5% 1% -5% 16%

One Las Vegas is a condominium community situated just south of the Las Vegas Strip, featuring two 20-story towers that opened in June 2008. Residents enjoy a variety of amenities, including a fitness center, pool, hot tub, concierge service, and secure garage parking.

vertical vegas

O N E Q U E E N S R I D G E P L AC E # of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 18 $1,661,000 $523 57

2025 19 $2,915,408 $642 60

PA L M S P L AC E CHANGE 6% 76% 23% 5%

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 59 $439,058 $470 66

2025 45 $404,296 $444 82

CHANGE -24% -8% -5% 24%

One Queensridge Place is a premier luxury residence in Las Vegas, offering exceptional amenities such as private wine cellar lockers, a dining area with a catering kitchen, and a two-car private garage for each residence. With world-class spa facilities, these high-rise condos are truly distinctive, offering bespoke homes in the sky.

Palms Place, with its 6th-floor pool, Jacuzzi, and waterfalls, offers a resort-style escape in Las Vegas. Residents enjoy furnished residences with lobby access, exclusive 'Inner Circle' concierge services, and the ability to generate rental income. Its prime location provides easy access to the vibrant Strip and world-class entertainment.

PA N O R A M A TO W E R S

PA R K TO W E R S

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 32 $833,484 $474 78

2025 23 $650,083 $409 65

CHANGE -28% -22% -14% -17%

These two towers overlook the world-class architecture of CityCenter and are gaining attention with the expansion of professional hockey at the T-Mobile Arena and its surrounding restaurant and retail complex, The Park. All of these new venues are conveniently within walking distance.

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 7 $1,545,000 $590 49

2025 2 $4,725,000 $1,047 4

CHANGE -71% 206% 78% -92%

Park Towers Las Vegas, featuring two 20-story high-rise towers, offers 84 exclusive residences set amidst elegant gardens and premium amenities, including a private spa, health club, pool, tennis court, screening room, wine cellar, concierge, valet parking, and entertainment facilities. Located in the heart of the Strip, it stands as a distinguished address for discerning residents.

INSIGHT 2025 YEAR-END

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23

vertical vegas

R EG E N C Y TO W E R S # of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 16 $511,869 $283 72

S I G N AT U R E AT M G M G R A N D 2025 15 $527,367 $258 105

CHANGE -6% 3% -9% 46%

Regency Towers on the Las Vegas Strip offers a 27-story high-rise with classic charm and a personalized condo experience. Amenities include concierge service, a gym, and a pool. Situated within the Las Vegas Country Club, the tower provides breathtaking views of the Strip, golf course, and surrounding mountains, making it an ideal choice for those seeking refined, private living.

S K Y L A S V EG A S # of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 28 $696,579 $437 48

2025 19 $704,180 $464 42

CHANGE -32% 1% 6% -13%

Sky Las Vegas offers condos ranging from the high $100Ks to $4M+, with residences spanning 776 to 5,300 square feet. Tower suites, penthouses, and SkySuites feature luxurious upgrades, while amenities include a pool, spa, fitness center, business center, screening room, and valet. Situated on the Strip, this 45-story luxury tower provides access to shopping, dining, and entertainment.

24

| L A SV E G A S S I R .C O M

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 99 $394,181 $594 63

2025 91 $386,692 $563 71

CHANGE -8% -2% -5% 13%

MGM Signature is an all-suite luxury condo-hotel just steps from the Las Vegas Strip, offering sweeping city and Strip views. Anchored by the MGM Grand, residents enjoy private pools, concierge service, fitness facilities, and access to world-class dining, entertainment, and spa amenities, with flexible ownership and rental opportunities.

vertical vegas

S O H O LO F TS # of Transactions Average Sales Price Average Price per SF Average Days on Market

THE MARTIN 2024 8 $477,500 $309 56

2025 4 $527,500 $324 77

CHANGE -50% 10% 5% 38%

In downtown Las Vegas’ Arts District, SoHo Lofts—the first highrise tower north of Sahara—offers elegant concrete structures with art deco motifs and customizable floor plans. The 112 units feature open layouts and stunning city and mountain views. A rooftop pool deck provides a romantic evening retreat, and SoHo Lofts remains an iconic presence in the ongoing downtown redevelopment.

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 16 $1,049,174 $558 60

2025 19 $681,942 $494 59

CHANGE 19% -35% -11% -2%

The Martin is a high-rise community offering a warm atmosphere, luxury amenities, and regular events that foster camaraderie.

Located near Panorama Towers, it provides prime views, direct access via the Harmon Bridge, and proximity to the Raiders NFL stadium. As the sister project to Panorama Towers, The Martin continues to enjoy strong sales.

INSIGHT 2025 YEAR-END

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25

vertical vegas

THE METROPOLIS # of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 6 $746,667 $279 33

THE OGDEN 2025 10 $960,400 $335 45

CHANGE 67% 29% 20% 36%

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 20 $487,100 $345 45

2025 20 $389,403 $318 61

CHANGE 0% -20% -8% 36%

Overlooking the prestigious Wynn Golf Course, these Art Decoinspired lofts offer stunning views of both the Strip and the golf course. While market activity has been limited, most owners have chosen to hold onto their properties, preserving the exclusivity of these residences.

The Ogden, located in the heart of Downtown Las Vegas, offers spacious condos with terraces showcasing incredible city views.

Residents enjoy the vibrant Downtown lifestyle, with restaurants, stores, and entertainment just steps from their door. The building features controlled access, a gym, a rooftop pool, and more.

T R U M P L A S V EG A S R E S I D E N C E S

T U R N B E R R Y P L AC E

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 66 $373,124 $560 65

2025 38 $423,406 $591 70

CHANGE -42% 13% 5% 8%

Trump International Hotel Las Vegas combines stylish elegance with the energy of the entertainment capital. This gold-clad tower offers panoramic views of the Strip and is ideally located near shopping and casinos. With 1,232 hotel condo suites, 50 penthouses, 24/7 concierge service, valet, and white-gloved doormen, it is a haven of luxury. Residents enjoy world-class amenities including a day spa, fitness center, salon, and outdoor pool.

26

| L A SV E G A S S I R .C O M

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 56 $962,238 $391 65

2025 49 $1,197,257 $440 57

CHANGE -13% 24% 13% -12%

Turnberry Place redefines luxury with spacious residences, breathtaking views, and exclusive amenities. A grand guard-gated entrance leads to private valet service and underground parking, ensuring both security and convenience. With an unwavering commitment to privacy and opulence, Turnberry Place stands as a premier address on the iconic Las Vegas Strip.

vertical vegas

T U R N B E R R Y TO W E R S # of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 41 $504,207 $457 63

V DA R A 2025 51 $634,871 $473 72

CHANGE 24% 26% 4% 14%

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 11 $794,127 $1,141 20

2025 10 $877,290 $1,410 76

CHANGE -9% 10% 24% 280%

Turnberry Towers offers luxury living with East or West-facing views.

Amenities include valet parking, a resort-sized pool, a 24-hour doorman, a putting green, a fitness center, and two lit tennis courts.

Epitomizing elegance, Turnberry Towers provide both a luxurious lifestyle and an exceptional investment, with stunning views of the Las Vegas Country Club golf course and the Strip.

With direct access to Aria and Bellagio, Vdara at CityCenter is among the most sought-after condotels on the Las Vegas Strip.

As a non-gaming, non-smoking luxury hotel, it offers a tranquil retreat for visitors, with seamless access to world-class dining, entertainment, and shopping.

V E E R TO W E R S

WA L D O R F A STO R I A L A S V EG A S

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 38 $706,116 $720 78

2025 42 $603,610 $661 87

CHANGE 11% -15% -8% 12%

Veer Towers are twin 37-story residential towers in CityCenter, distinguished by their iconic five-degree lean and sleek glass design. Residents enjoy rooftop pools, fitness centers, private media rooms, concierge and 24-hour security, valet parking, and direct access to world-class dining, entertainment, and retail at ARIA and Crystals.

# of Transactions Average Sales Price Average Price per SF Average Days on Market

2024 21 $3,398,524 $1,395 26

2025 18 $3,022,056 $1,401 64

CHANGE -14% -11% 0% 146%

As the most prestigious residential address on the Las Vegas Strip, The Residences at the Waldorf Astoria set the standard for luxury high-rise living. Residents enjoy five-star amenities including a Technogym-equipped fitness center, resort-style pool deck, worldclass spa, 24-hour concierge and valet, fine dining, and thoughtfully designed indoor and outdoor leisure spaces.

INSIGHT 2025 YEAR-END

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27

Excellence, Recognized. Again.

Named Best Luxury Real Estate Company four years in a row, Las Vegas Sotheby’s International Realty continues to set the standard for luxury representation in Southern Nevada.

Our success is built on trusted relationships, refined expertise, and a commitment to delivering exceptional results.

O U R L O C AT I O N S UNCOMMONS

L A K E L A S V EG A S

L A K E L A S V EG A S

8548 Rozita Lee Ave, 100

2030 Lake Las Vegas Pkwy

20 Via Bel Canto, 120

Las Vegas, Nevada 89113

Henderson, Nevada 89011

Henderson, NV 89011

lasvegassir.com | 702.360.1414