Q3 Residential - Las Vegas Market Report by Douglas Elliman Western Region Marketing

ELLI MAN INTEL

Market Report LAS V EGAS VA LLEY

2026

Q3 LU X U RY R E A L E STAT E M A R K E T R E S E A RC H | ELLI MAN .C O M

ELLIM AN IN TEL

M A R K E T OV E RV I E W

Overall, Southern Nevada’s single-family market in the third quarter of 2026 looks almost the same as a year ago. The median sale price held at $480,000, and total sales dollar volume finished within about 1% of Q3 2025 at roughly $3.4 billion. Underneath those steady numbers, though, the market has split by price. Entry-level and move-up homes have cooled. Closed sales under $750,000 fell about 5% from last year. Sellers gave up more ground in negotiation, with homes closing at an average of 96.4% of their original list price, down from 97.2%. Prices in these bands are steady, not falling. Buyers simply have more choice and are using it. The luxury market is moving the other way. Sales above $2 million rose 24%, and that segment’s volume climbed nearly 19% to more than $470 million. In the $750,000 to $2 million range, the typical home went under contract in 29 days, compared with 37 last year. Cash buyers are a big reason why: they now account for 42% of purchases between $1 million and $2 million, up from 34%. Homes priced at $1 million and above now make up more than a quarter of all dollar volume. For buyers and sellers alike, which price band you’re in matters more than ever.

L AS V EGAS VA L L E Y M A R K E T R E PORT | JU L - S E P 2 0 26

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R KE T R E PORT

Q 3 | JUL - SEP 2026

Las Vegas Valley Q 3 2 0 26 DATA I N C LU D E S A LL S I N G LE- FA M I LY H O M E S A LE S AC RO S S L AS V E GAS A N D H E N D E R S O N , W ITH Y E A R- OV E R-Y E A R C O M PA R I S O N S TO Q 3 2 0 2 5 .

5,285

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I A N P RI CE

-3 % Y E A R OV E R Y E A R

0 % Y E A R OV E R Y E A R

25M

628K

485K

275

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

-1% Y E A R OV E R Y E A R

+ 3 % Y E A R OV E R Y E A R

0 % Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

Anthem Country Club

N E S TLE D I N TH E FO OTH I LL S O F B L AC K M O U N TA I N , A N TH E M C O U N TRY C LU B I S TH E P I N N AC LE O F LI V I N G I N TH E M AS TE R- P L A N N E D C O M M U N IT Y of Anthem. Meandering along the golf course, Anthem Country Club is a collection of upscale tract and custom homes amongst almost 5,000 acres of beautifully landscaped homes with a three-mile walking loop.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

-2 5% Y E A R OV E R Y E A R

+ 4% Y E A R OV E R Y E A R

+7 0 % Y E A R OV E R Y E A R

5.95M

2.52M

2.28M

515

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

+1 0 9 % Y E A R OV E R Y E A R

+76% Y E A R OV E R Y E A R

+2 1% Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

Ascaya

S IT UATE D O N TH E FO OTH I LL S O F H E N D E R S O N , N E VA DA , AS CAYA I S A G UA R D - GATE D LU X U RY C O M M U N IT Y TH AT H AS M E S M E R I Z I N G V I E W S O F the Las Vegas Valley. It offers custom homesites, ranging from half an acre up to two acres. The selection of home sites can accommodate world-class contemporary architectural styles. Notable features include a state-of-the-art clubhouse, fitness center, pool and tennis courts, as well as access to nearby golf courses and trails.

126

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

+1 0 0 % Y E A R OV E R Y E A R

-1 0 % Y E A R OV E R Y E A R

- 9 % Y E A R OV E R Y E A R

10.2M

9.35M

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

0 % Y E A R OV E R Y E A R

- 9 % Y E A R OV E R Y E A R

-24% Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

Bellacere

S E T B E H I N D A G UA R D - GATE D E N TR A N C E , B E LL AC E R E I S A TRU LY A N I N TI M ATE C O M M U N IT Y F I LLE D W ITH A W E A LTH O F G R E E N S PAC E S , W H I C H only fifty-four families can enjoy. Designed in a way so most of the residences of Bellacere are situated far from the exterior boundaries, gives Bellacere a quiet, small town feel while outside the walls, a host of amenities and conveniences await in the master-planned community of Summerlin.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

N/A Y E A R OV E R Y E A R

608

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

N/A Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

Canyon Fairways

A P P RO P R I ATE LY S IT UATE D FO R LU X U RY A N D A P P RO P R I ATE LY N A M E D FO R IT S C O N V E N I E N C E AS IT B AC KS TO U R N A M E N T P L AY E R S C LU B L AS V E GAS , a public course Golf Digest describes as, "one of the best." Pass through the 24-hour guard gated entrance and discover lavish homes set against amazing views of the Las Vegas valley.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

0 % Y E A R OV E R Y E A R

+1 2 0 0 % Y E A R OV E R Y E A R

-3 5% Y E A R OV E R Y E A R

1.7M

533

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

-3 5% Y E A R OV E R Y E A R

-2 5% Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

Canyon Gate

CA N YO N GATE I S A G UA R D - GATE D, R E S I D E N TI A L C O U N TRY C LU B N E I G H B O R H O O D LO CATE D C E N TR A LLY I N L AS V E GAS . W ITH IT S championship golf course, tennis courts, fitness center and swimming pools, this community offers all the amenities of upscale living. Boasting an array of custom-built homes - with varied architectural styles - Residents have convenient access to shopping, dining, entertainment venues and parks/trails for outdoor recreation.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

+1 3 % Y E A R OV E R Y E A R

+1% Y E A R OV E R Y E A R

-1 6% Y E A R OV E R Y E A R

1.87M

1.1M

980K

414

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

-3 0 % Y E A R OV E R Y E A R

-2 3 % Y E A R OV E R Y E A R

+2 0 % Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

Country Club Hills

TH I S D E V E LO P M E NT O F TR E E- LI N E D S TR E E T S I S S E T A LO N G TH E TO U R N A M E NT P L AY E R S C LU B S U M M E R LI N G O LF C O U R S E I N TH E M AS TE Rplanned community of Summerlin. Country Club Hills is a collection of 170 semi-custom homes by one of Las Vegas' most sought after, high-end builder, Christopher Homes.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

+1 0 0 % Y E A R OV E R Y E A R

- 59 % Y E A R OV E R Y E A R

+2 5% Y E A R OV E R Y E A R

2.7M

1.93M

462

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

+ 4 2 % Y E A R OV E R Y E A R

+2 9 % Y E A R OV E R Y E A R

+2 3 % Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

Eagle Hills

TR E E- LI N E D S I D E WA LKS A N D M A N I C U R E D L AW N S A R E O N LY S O M E O F TH E P LE AS A N T WO N D E R S O F LI FE I N S I D E TH E G UA R D - GATE D C O M M U N IT Y O F Eagle Hills. Situated in The Trails within the master-planned community of Summerlin on the western edge of Las Vegas. Homes in Eagle Hills let you forget the surrounding desert landscape as few other communities can.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

N/A Y E A R OV E R Y E A R

3.23M

3.14M

644

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

N/A Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

Lake Las Vegas

I F TH E R E I S O N E P L AC E TO B E A WO R LD AWAY I N TH E D E S E RT, TH AT P L AC E C O U LD O N LY B E L A K E L AS V E GAS . S U R RO U N D I N G A 3 2 0 - AC R E shimmering lake, the resort community of Lake Las Vegas flawlessly blends luxury residential living with the finer aspects of commercial enticements and golf only minutes from Las Vegas.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

-2 5% Y E A R OV E R Y E A R

+1% Y E A R OV E R Y E A R

- 8 % Y E A R OV E R Y E A R

6.4M

1.16M

770K

374

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

+ 3 9 % Y E A R OV E R Y E A R

- 4% Y E A R OV E R Y E A R

+ 3 % Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

MacDonald Highlands

S H A P E D FRO M TH E FO OTH I LL S O F TH E M C C O LLO U G H M O U N TA I N S , M C D O N A LD H I G H L A N D S B LE N D S TH E O RGA N I C W ITH TH E E P I C . P L AC E D O N the southern edge of the Las Vegas valley in suburb of Henderson, MacDonald Highlands is uniquely luxurious and distinctly lavish and home to the Dragonridge Country Club.

108

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

-2 2 % Y E A R OV E R Y E A R

- 4% Y E A R OV E R Y E A R

+2 % Y E A R OV E R Y E A R

13.3M

4.56M

3.42M

654

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

- 47 % Y E A R OV E R Y E A R

- 8 % Y E A R OV E R Y E A R

-1 6% Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

Mountain Trails

S E T I N A C O M M U N IT Y W ITH I N A C O M M U N IT Y, M O U N TA I N TR A I L S R E S I D E S I N TH E TR A I L S S E C TI O N O F TH E M AS TE R- P L A N N E D C O M M U N IT Y O F Summerlin, long recognized as the pinnacle of Las Vegas living. Life at Mountain Trails begins as by passing through the guard-gated entrance and takes residence on a path of unmatched possibilities.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

+1 0 0 % Y E A R OV E R Y E A R

+1 6 0 0 % Y E A R OV E R Y E A R

+1 0 % Y E A R OV E R Y E A R

3.2M

3.13M

436

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

+1 2 % Y E A R OV E R Y E A R

+1 0 % Y E A R OV E R Y E A R

+ 3 3 % Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

Palisades

AS IT S N A M E I M P LI E S , PA LI S A D E S I S A D I S TI N C TI V E BA R R I E R TO TH E C O M M O N WO R LD. D R I V E TH RO U G H TH E G UA R D - GATE D E N TR A N C E A N D you'll leave the world behind. Situated along the TPC Las Vegas Golf Course, Palisades provides an elevated sense of living and the views of the Las Vegas valley and the Canyons fairways accentuate that feeling.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

- 6 7 % Y E A R OV E R Y E A R

+1 1 6% Y E A R OV E R Y E A R

-2 6% Y E A R OV E R Y E A R

1.47M

337

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

-3 2 % Y E A R OV E R Y E A R

-2 5% Y E A R OV E R Y E A R

-2 3 % Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

Queensridge

Q U E E N S R I D G E I S A G UA R D - GATE D C O M M U N IT Y LO CATE D I N TH E W E S TE R N PA RT O F L AS V E GAS TH AT O FFE R S LU X U RY A N D C O N V E N I E N C E . R E S I D E N T S of Queensridge can choose from a variety of beautiful custom-built estates, villas, and other homes that feature high-end finishes and features. Additionally, residents have access to nearby parks, trails, shopping centers, and restaurants.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

+1 5 0 % Y E A R OV E R Y E A R

- 5 2 % Y E A R OV E R Y E A R

+ 5% Y E A R OV E R Y E A R

2.18M

1.4M

1.29M

413

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

- 5 2 % Y E A R OV E R Y E A R

-3 1% Y E A R OV E R Y E A R

+ 4% Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

Red Rock Country Club

S E T I N TH E M AS TE R- P L A N N E D C O M M U N IT Y O F S U M M E R LI N O N TH E V E RY W E S TE R N E D G E O F L AS V E GAS , R E D RO C K C O U N TRY C LU B I S O N E O F TH E most exclusive addresses in the valley. Possessing not one but two signature Arnold Palmer golf courses, the private Mountain Course and the public Arroyo Course, Red Rock Country Club provides inspiring natural beauty. Homes don't generally stay on the market long in this community.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

+ 6 3 % Y E A R OV E R Y E A R

- 5 3 % Y E A R OV E R Y E A R

-2 8 % Y E A R OV E R Y E A R

5.95M

2.48M

1.9M

626

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

-2 2 % Y E A R OV E R Y E A R

-2 1% Y E A R OV E R Y E A R

+1% Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

Roma Hills

E X PA N S I V E LI V I N G CA N S O M E TI M E S C O M E I N A N I N TI M ATE E N V I RO N M E N T A N D TH AT I S TH E B E AU T Y O F RO M A H I LL S . D E S I G N E D AS A S A N C T UA RY FO R only 144 homes, Roma Hills is luxuriously unique in Las Vegas. Set against Black Mountain and offering spectacular views of the entire valley, Roma Hills is a guard-gated retreat for privacy and unrivaled living.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

N/A Y E A R OV E R Y E A R

1.68M

337

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

N/A Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

Seven Hills

AS TH E RO M A N E M P I R E WAS B U I LT U P O N IT S FA M E D RO LLI N G H I LL S , S O TO O I S TH E M ATE R- P L A N N E D C O M M U N IT Y S E V E N H I LL S , J U S T S O U TH O F Las Vegas and gloriously nestled against the magnificent McCollough mountain range. Travel along the rolling hills and one discovers a range of architecture from classic Tuscan to the ultimate in modern design. Elevated to afford wondrous views of the entire Las Vegas valley Seven Hills is home to the Rio Secco gold course designed by Rees Jones, as well as, an abundance of outdoor activities and amenities.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

- 4% Y E A R OV E R Y E A R

+1 6% Y E A R OV E R Y E A R

- 8 % Y E A R OV E R Y E A R

3.17M

931K

700K

300

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

-2 1% Y E A R OV E R Y E A R

+ 3 % Y E A R OV E R Y E A R

- 5% Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

Southern Highlands Golf Club

S O U TH E R N H I G H L A N D S G O LF C LU B I S A P R E S TI G I O U S P R I VATE G O LF C LU B LO CATE D I N TH E S O U TH W E S T PA RT O F L AS V E GAS , N E VA DA . TH E G O LF course is one of only four courses co-designed by the legendary Robert Trent Jones, Sr., and his son Robert Trent Jones, Jr. The course was named "One of the Top Residential Golf Courses in the United States" by Golf Digest magazine.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

+1 0 % Y E A R OV E R Y E A R

+1% Y E A R OV E R Y E A R

+2 2 % Y E A R OV E R Y E A R

3.39M

2.95M

639

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

-3 % Y E A R OV E R Y E A R

+ 9 % Y E A R OV E R Y E A R

+1 1% Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

Spanish Hills

LO CATE D O N TH E W E S T E N D O F L AS V E GAS , S PA N I S H H I LL S I S A B E AU TI FU L R E S I D E NTI A L C O M M U N IT Y TH AT FE AT U R E S LU X U R I O U S H O M E S , LU S H landscaping, and great amenities. Residents can choose from custom-built estate homes or villas with upscale finishes. The world-class country club has an 18-hole golf course, tennis courts, fitness center, and a swimming pool. Plus, residents have easy access to parks and trails for outdoor recreation. In addition, there are plenty of dining and shopping options nearby.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

-1 0 0 % Y E A R OV E R Y E A R

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

-1 0 0 % Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

Spanish Trail

W ITH A G UA R D - GATE D P E R I M E TE R , S PA N I S H TR A I L I S R E N OW N E D FO R IT S O P U LE NT H O M E S A N D S T U N N I N G L A N D S CA P I N G . B OAS TI N G A P LE TH O R A of high-end features, the community has something to offer all types of buyers. Residents can enjoy a myriad of luxurious amenities right onsite, including a 27-hole golf course, multiple tennis courts, swimming pools and fitness center. The development offers mature landscaping throughout the community, for those looking to experience a little outdoor beauty coupled with luxury living.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

- 6 4% Y E A R OV E R Y E A R

+2 8 % Y E A R OV E R Y E A R

-2 0 % Y E A R OV E R Y E A R

760K

649K

667K

307

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

- 6 2 % Y E A R OV E R Y E A R

-3 2 % Y E A R OV E R Y E A R

- 6% Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

The Fountains

K N OW N AS O N E O F TH E M O S T P R E S TI G I O U S A D D R E S S E S I N TH E M AS TE RP L A N N E D C O M M U N IT Y O F G R E E N VA LLE Y I N TH E L AS V E GAS S U B U R B O F Henderson, The Fountains community is an unexpected gem in the desert. Enjoying large, open lawns and tree-canopied streets, The Fountains is reminiscent of an east coast neighborhood.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

- 6 0 % Y E A R OV E R Y E A R

+2 0 % Y E A R OV E R Y E A R

+2 1% Y E A R OV E R Y E A R

2.8M

2.12M

388

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

+1 1% Y E A R OV E R Y E A R

+1 2 % Y E A R OV E R Y E A R

+ 5% Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

The Ridges

TH I S P R I VATE R E S E RV E O F LU X U RY H O M E S , S IT UATE D O N 8 0 0 AC R E S I N TH E M AS TE R- P L A N E D C O M M U N IT Y O F S U M M E R LI N , I S R E C O G N I Z E D AS O N E TH E most exclusive neighborhoods in the country. The Ridges presents stunning views of the Las Vegas Strip to the east, while on its western border lies the surreal beauty of the Mojave Desert's Red Rock Conservation Area. The Ridges continues to showcase some of the most significant homes in the valley. The demand in this area continues to be strong.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

- 4 0 % Y E A R OV E R Y E A R

+1 24% Y E A R OV E R Y E A R

-3 1% Y E A R OV E R Y E A R

11M

5.7M

5.14M

901

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

-3 1% Y E A R OV E R Y E A R

-2 7 % Y E A R OV E R Y E A R

-1 3 % Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

The Summit Club

TH E S U M M IT C LU B I S A S T U N N I N G LU X U RY C O M M U N IT Y TH AT S PA N S OV E R 5 5 5 AC R E S O F P R I S TI N E D E S E RT TE R R A I N , O FFE R I N G P I C T U R E S Q U E V I S TAS of the Las Vegas Valley. The Summit Club offers a private Tom Fazio designed golf course, tennis courts, fitness center, spa and resort-style pools. The grand clubhouse boasts both an exquisite fine-dining restaurant and cozy lounge. The joint venture between Discovery Land Company and Howard Hughes has created an unprecedented opportunity.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

0 % Y E A R OV E R Y E A R

-1 0 0 % Y E A R OV E R Y E A R

+ 59 % Y E A R OV E R Y E A R

25M

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

+ 59 % Y E A R OV E R Y E A R

+1 6% Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

The Vineyards

TH E R E S I D E N C E S AT TH E V I N E YA R D S A R E FO R TH O S E S E E K I N G TO E LE VATE TH E I R LI FE S T Y LE . S E T A M O N G S T G E N TLY R I S I N G H I LL S I N TH E M AS TE Rplanned community of Summerlin in Las Vegas, The Vineyards represents the best semicustom living has to offer. The community is highlighted by terraced walkways winding through green spaces and leading to three separate private squares with relaxing water features.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

+1 0 0 % Y E A R OV E R Y E A R

+2 6 7 % Y E A R OV E R Y E A R

-3 1% Y E A R OV E R Y E A R

1.85M

1.69M

433

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

-24% Y E A R OV E R Y E A R

-3 1% Y E A R OV E R Y E A R

-2 3 % Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

Tournament Hills

TO U R N A M E NT H I LL S R E M A I N S O N E O F TH E M O S T S O U G HT A F TE R A D D R E S S E S I N TH E M AS TE R- P L A N N E D C O M M U N IT Y O F S U M M E R LI N O N TH E western side of the Las Vegas valley. Tournament Hills is built on and around the Tournament Players Club Summerlin, the course famed as the site for Tiger Woods first professional victory. The residences of Tournament Hills are renowned for their luxury and opulence. Exclusively custom by design, Tournament Hills features homes ranging from the classic to the contemporary.

161

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

N/A Y E A R OV E R Y E A R

5.8M

5.42M

667

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

N/A Y E A R OV E R Y E A R

ELL IM A N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP, 2026

Willow Creek

W I LLOW C R E E K I S A W E LC O M I N G R E S I D E N TI A L C O M M U N IT Y LO CATE D W ITH I N TH E S U M M E R LI N M AS TE R P L A N I N S O U TH W E S T L AS V E GAS . TH E neighborhood provides a laidback atmosphere and friendly environment, thanks to its treelined streets and green spaces. Located near parks, shopping centers, and restaurants, Willow Creek features plenty of amenities for residents. Not to mention quick access to major highways connecting you to the rest of the city.

TOTAL P ROP ERTIES S O L D

AV E R AG E DAYS O N M A R KE T

M E D I AN P RI CE

+ 3 3 % Y E A R OV E R Y E A R

+ 5% Y E A R OV E R Y E A R

-2 7 % Y E A R OV E R Y E A R

2.31M

1.81M

1.83M

461

HIGHEST SA L E

AV E R AG E P R I C E

AV E R AG E P R I C E P E R SF

-3 0 % Y E A R OV E R Y E A R

-2 6% Y E A R OV E R Y E A R

- 8 % Y E A R OV E R Y E A R

Economic Information & Sales Data

Q 3 | JUL - SEP 2026

EL LI MA N IN T E L | L AS V EGAS VA L L E Y M A R KE T R E PORT

Las Vegas Economic Information

TO P L AS VEGAS MI G R ATO RY STATE S*

WA MT

MN ID

VT WI

WY NV

MI IA

NE UT

CO KS

MD WV

TN AR

SC MS

AK FL HI

TO P 5

TO P 1 0

*SOURCE: 2021-2022 MIGRATION DATA, IRS

TO P 1 5

MA CT RI NJ DE

Q 3 | JUL - SEP 2026

EL LI MA N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Las Vegas Economic Information

TO P 1 0 L AS VEGAS LO CAL MI G R ATO RY M A R K E T S* Rank

County of Origin

State

% of Inflow

Rank

County of Origin

State

% of Inflow

Los Angeles County

14.6%

Honolulu County

Orange County

4.3%

Maricopa County

2.7%

San Bernardino County

4.1%

Cook County

1.7%

San Diego County

3.9%

Santa Clara County

1.6%

Riverside County

3.6%

Alameda County

1.6%

LO CAL MI GR ATO RY MAR K E T C O MPAR ATIVE EC O N O M I C DATA* * Las Vegas

Los Angeles

San Diego

San Francisco

Riverside

Chicago

Phoenix

Payroll Tax

1.17%

6.6%

4.95%

5.1%

Corporate Income Tax Rate (Top Bracket)

8.84%

9.5%

4.9%

Individual Income Tax Rate (Top Bracket)

13.3%

4.95%

2.5%

Sales Tax Rate (State Minimum)

6.85%

7.25%

6.25%

5.6%

Property Tax Rate

0.59%

0.75%

2.05%

0.63%

Cost of Living Index

99.7

148.6

145.6

167.4

116.1

115.0

107.3

Housing Opportunity Index

14.2

2.7

4.0

5.7

11.0

52.0

21.7

*SOURCE: 2021-2022 MIGRATION DATA, IRS **SOURCE: LAS VEGAS GLOBAL ECONOMIC ALLIANCE, 2024

EL LI MA N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP 2026

Las Vegas Valley Historical Sales Data

S IN GLE FAMILY R ES ID ENTIAL : U N D E R $ 1 M

Q4 Q3

Total Homes Sold

Q2 Q1 Total

Total: YoY:

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

31,598 + 7.11%

33,766 +6.86%

31,193 -7.62%

30,876 -1.02%

30,790 -0.28%

35,891 +16.57%

25,299 -29.51%

20,524 -18.87%

21,180 +3.20%

20,009 -5.52%

15,301 YTD

*SOURCE: LAS VEGAS MULTIPLE LISTING SERVICE

EL LI MAN IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP 2026

Las Vegas Valley Historical Sales Data

S IN GLE FAMILY R ES ID ENTIAL : $ 1 M + LUXU RY S EG M E NT

Q4 Q3

Total Homes Sold

Q2 Q1 Total

Total: YoY:

2016

2017

2018

2019

2020

266 +1.14%

378 +42.11%

425 + 12.43%

515 + 21.18%

745 1,507 +44.66% +102.28%

*SOURCE: LAS VEGAS MULTIPLE LISTING SERVICE

2021

2022

2023

2024

2025

2026

1,409 -6.50%

1,233 -12.49%

1,577 +27.90%

1,698 +7.67%

1,418 YTD

EL LI MA N IN T E L | L AS V EGAS VA L L E Y M A R K E T R E PORT

Q 3 | JUL - SEP 2026

Market Report Methodology

O U R M A R K E T R E P O RT O FFE R S C U R R E N T A N D VA LUA B LE I N FO R M ATI O N R E GA R D I N G TH E LO CA L M A R K E T. E AC H A R E A R E P O RTE D O N I S B RO K E N D OW N BY N E I G H B O R H O O D A N D C O N TA I N S S P E C I F I C D E TA I L S A N D I N S I G HT S R E L ATE D TO TH AT M A R K E T.

METRICS

DEFINITIONS

Total Properties Sold: The total number of properties that closed within the time period reported.

Payroll Tax: Local and other imposed payroll tax, as reported by individual jurisdictions.

Highest Sale: The highest priced property that was sold in the area being reported on during the time period reported.

Corporate Income Tax: A tax imposed on the net income, or profits, of businesses and corporations. The top-bracket rate shown is the highest rate a corporation pays in each jurisdiction. Details vary widely by jurisdiction.

Average Price Per SF: The average price per square foot of properties sold in the reported area. Average Price: The price calculated by dividing the combined prices of properties by the amount of sold properties in that same area.

Individual Income Tax: A tax imposed on the earned income of individuals, such as wages, salaries and self-employment income. The top-bracket rate shown is the highest rate an individual pays in each jurisdiction. Details vary widely by jurisdiction.

Median Price: The middle or midpoint price where half of sales fall below and half fall above this number.

Sales Tax Rate: Sales tax rates vary among districts within local jurisdictions and at the state level.

Days on Market: Averages how long a unit takes to sell and is calculated by subtracting the list date from the date of close.

Property Tax Rate: Figures are mean effective property tax rates on owneroccupied housing (total real taxes paid / total home value). As a result, the data exclude property taxes paid by businesses, renters, and others.

Homes: All statistics reported in the "Las Vegas Valley" report include only single family residential properties in Las Vegas, North Las Vegas, and Henderson.

SOURCE

Figures in this report are based on publicly reported closed sales information via the Multiple Listing Service, unless otherwise noted.

Where Excellence Finds a Home S U M M E R LI N 17 0 0 S . PAV ILION C E NTE R D R IVE , S U ITE 150 LAS VEGAS , NV 70 2 . 616.1910

M AC D O N A LD H I G H L A N DS 5 5 2 S . STE PHA NIE STR E E T HE ND E RS ON, NV 70 2 . 614.9100

FO R M O R E R E AL ESTATE I N S I GH TS AN D I N S PI RATI O N , FO L LOW U S @ DO UGLAS ELLI MAN _ N EVADA

1700 S PAVILION CENTER DRIVE, SUITE 150, LAS VEGAS, NV 89135. 702.616.1910 LIC.# B.0059797 © 2026 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. IF YOU CURRENTLY HAVE AN EXCLUSIVE SIGNED AGREEMENT WITH ANOTHER REAL ESTATE BROKER, PLEASE DISREGARD THIS OFFER. IT IS NOT OUR INTENTION TO SOLICIT THE OFFERINGS OF OTHER REAL ESTATE BROKERS. WE COOPERATE WITH THEM FULLY. EQUAL HOUSING OPPORTUNITY.