What to Know Before Buying in Summerlin Village 24 Parcel Fgh

Summerlin Village 24 Parcel Fgh has 15 homes for sale right now, and the asking prices among the ones we are watching run from $521,000 to $1,475,000. That is a wide span for one small parcel, so it pays to know what you are comparing against before you tour anything.

Start with the Summerlin backdrop

All of these listings sit inside the larger Summerlin market, so we begin there. Across Summerlin there are 1,572 homes for sale, with a median asking price of $609,000 and a median price per square foot of $313. A typical listing has been on the market 55 days. Prices overall run from $145,000 to $29,500,000, which tells you how much range one master plan can hold.

You can browse the full picture on our page of Summerlin homes for sale, then narrow down to this parcel on the Summerlin Village 24 Parcel Fgh community page.

How property type changes the numbers

The type of home you choose moves the price more than almost anything else. Here is how the Summerlin-wide listings break down:

• Single Family Residence: 1,140 homes for sale, median $738,875
• Condominium: 223 homes for sale, median $260,000
• Townhouse: 209 homes for sale, median $465,000

When you look at any parcel, ask which of these categories its listings fall into. A parcel can sit well above or below the Summerlin median simply because of the mix of property types on the market at the time.

What your budget gets you here

Around $520,000 to $545,000

This is where several of the two bedroom listings sit. 905 Belleforte Lane is $521,000 for 2 bed, 2 bath and 1,232 square feet. 929 Silverfir Court is $535,500 with the same bed, bath and square footage, and 896 Regent Terrace Lane is $544,900, again 2 bed, 2 bath and 1,232 square feet. Also in this band are 881 Regent Terrace Lane at $525,000 and 894 Heritage Bend Drive at $539,888, which has 1,234 square feet.

With several homes of matching size within a few thousand dollars of each other, comparison is easy. Put the asking price over the square footage and you can see quickly which ones sit above or below the others.

Around $800,000 to $930,000

Step up and the size changes. 952 Tony Willis Court is $795,000 for 2 bed, 2 bath and 1,747 square feet. 12457 Heritage Bend Drive is $929,880 for 3 bed, 2 bath and 2,236 square feet.

At the top of the parcel

12596 Heritage Heights Drive is listed at $1,475,000 for 3 bed, 3 bath and 2,515 square feet. It is the highest asking price among the homes we are tracking here.

Using price per square foot

The Summerlin median is $313 per square foot. You can do the same arithmetic on any listing here by dividing the asking price by the square footage. It will not tell you everything about a home, and we have not walked these properties for this article, but it gives you a consistent yardstick when two listings look similar on paper.

Compare with nearby communities

Fifteen listings is a modest number, so it helps to look at neighbouring options too. Other Summerlin communities with listings right now include Sun City Summerlin with 99 homes for sale, Sun Colony at Summerlin with 51, Charleston Rainbow with 32, and Red Rock Country Club at Summerlin with 29.

Closer in size to this parcel are Caldwell Park in Summerlin Village 29, Chateau Versailles Condo and Lark Hill by Taylor Morrison, each with 14 homes for sale. If you want to widen the search further, see all Las Vegas homes for sale or browse every Las Vegas community we cover.

Before you make an offer

1. Decide on property type first, since it drives price more than anything else.
2. Compare asking price per square foot against the $313 Summerlin median.
3. Keep the 55 day typical time on market in mind when judging how long a listing has sat.
4. Ask us for the details on any home you like, because the figures here are only a starting point.

If one of these addresses catches your eye, get in touch and we will arrange a showing and pull the full listing details with you.