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NEW HOME SALES IN MASTER PLANNED COMMUNITIES INCREASED IN 2017
The Las Vegas Valley residents, as well as homebuyers across the country love master-planned communities. More than 28,000 home buyers purchased homes in the top 50 master-planned communities in the nation last year. While new home sales grew 9% last year, master- planned sales grew by twenty percent. 
The Southwest master-planned made the top 25 and claimed 24 percent of the top 50- Las Vegas new home sales produced more top 25 master planned communities than any other city in the ranking from the John Burns Real Estate Consulting firm.  
Ken Perlman, Principal Consultant in Las Vegas, stated “Summerlin continues to maintain its position as not only one of the premier master plans in Las Vegas, but in the country. Howard Hughes has a truly diverse, life-style oriented community, integrating walkable “suburban” product, single-family homes for all buyer profiles, luxury production and custom home opportunities, and some of the best active adult housing in the nation. The evolution of Downtown Summerlin has created an off-Strip retail and lifestyle anchor that is unlike any other in Las Vegas.”
The demographic shift is indicating strong growth in both the younger and older buyers is driving the demand – master plans offered more active adult and ... more

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