Golden Knights’ Alex Tuch buys 2nd Las Vegas home in Summerlin

A Summit Club home built by Blue Heron leads the way as the top listing in Las Vegas with an asking price of $32 million, and is one of eight homes on the market at the $19.9 million-plus range.

Every inch of the home is carefully considered and designed using different textures, colors, light, ceiling treatments and sound. Even the transitions between rooms/spaces are designed and methodically considered.

Two high-rise projects have surpassed $800 million in sales in what will add more luxury inventory to the Las Vegas marketplace.

The ultra high-end luxury residential market slowed in August with a $7.6 million sale topping the market as higher-priced transactions are expected to pick up in the fall.

The high-rise condo market recorded its second highest average sales price in history during the second quarter and is off to a strong start in the third quarter with an $8.8 million sale at the Waldorf Astoria, the estate of Elaine Wynn selling her unit in Park Towers for $8.25 million and a condo in the Summit Club selling for $7 million. All three sales were in August.

Led by an emerging luxury custom-home community in Summerlin called Ascension, Las Vegas homebuilders have sold 47 percent more homes during the first half of 2025 priced at $1 million and higher.

Integrating pet-friendly amenities into luxury residences has become increasingly popular, reflecting a shift in the perception of our beloved animals — as cherished family members who deserve special attention and pampering.

The Las Vegas luxury resale market remains on a record pace through July led by a $25.25 million sale in MacDonald Highlands. It was one of 171 sales of $1 million and higher in July, matching the same number in July 2024. The average price paid for a luxury home in July was $1.96 million, according to Forrest Barbee, corporate broker of Berkshire Hathaway Home Service. Barbee reported there were 195 pending sales of $1 million and higher, showing that the luxury market isn’t slowing down while sales are down in the market overall.