Sales of luxury homes in Las Vegas jump in 2025, report says

“Southern Nevada’s luxury marketplace saw steadfast maturation successful 2025,” states a caller study from Nevada State Bank. “This summation followed 4 years of comparatively level enactment aft the surge during the post-pandemic lodging roar successful 2021.”

Sales of million-dollar-plus homes, led by The Peaks vicinity successful Summerlin, accrued 13.6 percent successful 2025 compared to the erstwhile year, according to the study that looked astatine luxury location income successful Southern Nevada.

The mean terms of a luxury location successful Southern Nevada moved up to $1.9 cardinal arsenic luxury income accrued by 294 to 2,462 past twelvemonth compared to 2024, according to information provided by Nevada State Bank.

Summerlin remains a blistery spot for high-end homes arsenic it recorded 927 income (a 20.5 percent jump) with an mean terms of $2 cardinal for a luxury house, according to the report. Of note, 292 of those homes were successful The Peaks successful Summerlin, with the second-closest enclave being Redpoint with 82.