Las Vegas Valley New Home Market Growth
Several Las Vegas masterplans are top sellers in National Rankings - Land supply is pressured
Posted: February 11, 2026 by John McClelland
Four Las Vegas Communities were in John Burns Research & Consulting’s Top 50 Master-Planned Communities.
Rank 3. Cadence: 1,247 net sales
Rank 9. Summerlin: 962 net sales
30. Villages at Tule Springs: 446 net sales
32. Sunstone:440 net sales
Las Vegas is well-known for masterplanned communities, often a top choice for new movers to the region. In 2025, Cadence was the top selling community, driven by both availability from several homebuilders, but also more accessible price points compared to many other areas of the Valley. Summerlin is perennially on the list, with additional acreage potential to keep building. Summerlin has long been known as a premium masterplan. The Villages at Tule Springs, brings many hosing options to the Northeast Valley, with entry-level and move-up options. Development action is really moving in the Northwest, with Sunstone and the planned Monument Hills along with Skye Summit, where the first sale was made to a homebuilder in 2025. Kyle Canyon Gateway is the pioneering development area and one of our favorites, with reasonable proximity to the 215 and one of two main roads to Mount Charleston. In the Southeast, Pulte is performing land development and model construction at Sora at Aries, which is just south of Lake Las Vegas.
Land Supply
Examining the accompanying map, one can observe that future growth is contingent upon developing BLM lands. Presently, only the lands available within the red perimeter are available to be transferred to private or local public entities. Beyond that, we see topographic challenges, where typically only luxury homes make economic sense to develop. This pressures the land supply for attainable housing and likely drives the need for additional density, including mid and high-rise condominium construction, which fit amenity lifetyle choices well. With a captivating lifestyle and economic growth, in the longer term we can anticipate price resilience in the existing home stock as new homes become more costly to develop.
Sources:
City of Las Vegas
https://www.fox5vegas.com/2024/07/04/county-approves-development-agreement-3500-homes-blue-diamond-hill/
Clark County Assessor.
https://nevbex.com/2025/08/16/monument-hills-master-plan-las-vegas/
Pulte Homes
John Burns Research & Consulting