Summerlin Market Snapshot
September 2025 vs. August 2025
In September, the Summerlin real estate market showed clear signs of a seasonal cooling trend. Key metrics reveal a shift towards a more balanced environment, characterized by slower sales velocity and increased buyer leverage compared to the peak summer months. This infographic breaks down the essential month-over-month changes.
14.3% ↑
Increase in Average Days on Market
12.0% ↓
Decrease in Pending Listings
Buyer & Seller Activity
September saw a notable downturn in both new inventory and sales activity. The decrease in pending contracts indicates growing buyer caution, while fewer new listings suggest some sellers are waiting for market conditions to shift.
Market Pacing
The time it takes to sell a home is a critical indicator of market health. A significant increase in Days on Market shows that the fast-paced, seller-driven environment is giving way to a more deliberate tempo.
Buyer Negotiation Power
Sellers received slightly less of their asking price in September. This marginal but important drop in the sales-to-list price ratio confirms that buyers have more room to negotiate than they did a month prior.
Sales Price Analysis
While the average sales price saw a minor dip, the luxury segment remained robust. The slight decrease in the average is more reflective of the mix of properties sold rather than a widespread decline in property values.
September's Key Takeaways
Market Deceleration is Evident
A drop of roughly 10% in sales volume (both closed and pending) signals a clear slowdown, amplified by seasonal patterns and mortgage rate sensitivity.
Time is on the Buyer's Side
A 14.3% increase in Days on Market means buyers have more time to consider options. Well-priced homes still sell, but the pressure to make snap decisions has eased.
Luxury Segment Stays Strong
Despite the overall cooling, Summerlin's average sale price remains high at over $900k, reflecting the area's strong desirability and insulation from major price drops.