Summerlin South, NV
Housing market overview · Updated weekly
$880,000median sale price
Homes sold
56
Last 12 weeks
Days on market
90
Average pace
Active listings
230
4.1 months supply
Sale-to-list
95.7%
Below asking
The Summerlin South housing market is currently classified as a buyer's market with a median sale price of $880,000. Prices have fallen 11.1% compared to last year, with homes spending an average of 90 days on market, indicating 4.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Summerlin South?
The median home sale price in Summerlin South is $880,000, down 11.1% from last year.
How long do homes stay on market in Summerlin South?
Homes typically spend 90 days on market before going under contract.
Is Summerlin South a buyer's or seller's market?
With 4.1 months of supply, Summerlin South is currently a buyer's market.
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