The Las Vegas Ballpark in Summerlin will be another amenity that attracts people to the master-planned community that moved up to No. 3 in the nation in 2018 in terms of sales.
Summerlin, which was as low as 25th in the nation in 2011 with 221 sales, has steadily climbed back up the rankings since then. It reported 437 sales in 2014 when it was 15th in the nation and jumped back into the top 10 in 2015 and has stayed there since. It had 769 sales in 2016.
During the first week of this year, KB Home unveiled a new model within Inspirada, a Henderson master-planned community, that highlighted a theme: “Where tomorrow lives.”
Southern Nevada is a respite from traffic, high cost of living and overcrowding, says one Southern California couple that recently purchased two home sites in Ascaya. The luxury residential community in Henderson has welcomed many new residents from California who are finding the mountainside community a perfect place to relocate.
The potential for a recession in 2020 and 2021 will slow the nation’s housing market, but Las Vegas is well-positioned to weather that this time around, according to California experts who track the Southern Nevada marketplace.