Las Vegas’ Cadence and Summerlin Master Planned Communities Rank in U.S. Top 5 Overall for Sales
LAS VEGAS, NV – Despite the fact that sales in 2024 of new homes in master planned communities throughout the country declined by 2 percent overall, two Las Vegas neighborhoods placed in the top five list nationally for the year, and two others in the top 50.
The list in question is compiled annually by homebuilding consultants RCLCO and John Burns Real Estate Consulting.
Cadence, a master planned community located in Henderson, achieved its highest national ranking in history during 2024, reaching the lofty position of number three after making tis way up slowly but surely over time. Last year, Cadence sold 1,386 units, which represents a whopping 44 percent increase over the 964 in sales it recorded in 2023, placing them sixth at that time.
Summerlin, situated in the Las Vegas Valley, rounded out the list’s top five, coming in fifth nationally with 1,055 sales; however, this represents a decline in its ranking when compared to 2023’s sales numbers, which were three percent higher with 1,090 sales.
Placing 26 in 2024’s overall sales figures was West Henderson’s Inspirada with 543 sales, a year-over-year decrease of 6 percent, with the upscale community previously ranking 28 in 2023. However, according to Inspirada’s developer, KB Home, the project is nearing completion and home sales – while obviously still impressive – will be ultimately limited by that factor in the near future.
And finally, a newcomer to the list for 2024 – Heartland at Tule Springs in North Las Vegas – lands at 39 with 463 in sales, an increase over the 303 the community achieved in 2023.
The top 50 list itself was comprised of 35,123 overall sales during 2024, a two percent decrease from 2023, when that number was 35,856. The number one ranked community in the nation for 2024 was once again The Villages in Florida with 3,208 sales, a six percent increase year-over-year.
Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.