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The Ridges In Summerlin Listing Inventory Update – June 2022


The Ridges In Summerlin Listing Inventory Update – June 2022

Photo of The Ridges in Summerlin.

The Ridges In Summerlin

One of my favorite ways of keeping my eyes on the overall Las Vegas real estate market is to examine inventory numbers. From looking at entire master-planned communities to individual subdivisions, this is a great way for me to stay on top of trends. In my February update for The Ridges, there were only 12 homes for sale. As of June 17, 2022, there are 27 homes for sale. While we knew they type of seller’s market we were in couldn’t last forever, it’s still not what we’d call an even market. Will it become one? Who knows. What I do know is that I’m helping people understand what is going on. No fluff. Just data. As of June 17, 2022, in regards to homes for sale in Summerlin’s The Ridges:

  • Listing prices ranged from $2,249,950 to $11,500,000
  • 11 properties were listed between the $2-5 million marks
  • 12 listings were priced between the $5-$7 million price points
  • 2 listings were above the $10 million range

Also Read: Are The Latest Housing Market Changes Proof Of Parallel Universes?

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