Las Vegas Real Estate News

LAS VEGAS, NV – The average sale price of luxury high-rise condominiums in Las Vegas in the third quarter reached an all-time record high, with that milestone bolstered by a sale at the Waldorf Astoria that was the second priciest of the year at $9.5 million.

In the third quarter, 199 high-rise condos exchanged hands in Southern Nevada, and while that amount was lower than the number of sales recorded in the first two quarters of the year – and the least sold since the second quarter of 2020, which marked the start of the COVID-19 pandemic – the third quarter sales figures made up for it in terms of quality over quantity.

The average sale price of a luxury condo in Las Vegas in Q3 2025 was an impressive $933,431, which amounts to $586 per square foot. This represents the new all-time record high for the region, with the previous record being set in the first quarter of 2024, when the average price was $816,717, as per research firm Applied Analysis.

While Q3 is now the current record-holder in terms of luxury condo price, it’s $586 per square foot average still ranks second when compared to the first quarter of 2024, when that price was $599.

Coming in third highest in the hierarchy of the condo prices is the second quarter of 2025, when the average sale was $749,854.  

The Waldorf Astoria $9.5 million condo – which was purchased in September, and again, is the second most costly of the year so far – ties as the most expensive in the hotel’s history, with the other sale for that same amount having taken place in January 2024. The condo sold in September boasts 3,922 square feet of living space on the 46th floor, with three bedrooms, three-and-a-half bathrooms, and a view of the Bellagio fountain.

Shelter Realty Property Management specializes in the areas of  Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NY – When choosing where to settle in the Las Vegas Valley, two names often stand out: Summerlin and Henderson. Both communities are among the most desirable places to live in Southern Nevada, attracting families, professionals, and retirees. Each area has its unique strengths, from well-planned neighborhoods and top-rated schools to lifestyle amenities and real estate options.

For anyone relocating to Las Vegas in 2025, understanding the differences between Summerlin and Henderson is key. With guidance from agents at Shelter Realty Property Management, you can explore a detailed comparison of home prices, amenities, schools, rental lifestyle, and community events to help you decide which area aligns best with your needs.

Overview of Summerlin and Henderson

Summerlin and Henderson are two premier communities in the Las Vegas Valley. Summerlin offers luxury living, scenic views, and a vibrant urban core, while Henderson provides diverse housing, family-friendly neighborhoods, and easy access to Lake Mead and urban conveniences.

Summerlin at a Glance

Summerlin is a master-planned community located along the western edge of Las Vegas, nestled against Red Rock Canyon. Known for its scenic views, golf courses, and vibrant downtown district, Summerlin offers a suburban lifestyle with modern conveniences. The community is divided into villages, each with distinct architectural styles and amenities.

Henderson at a Glance

Henderson lies southeast of the Las Vegas Strip and is Nevada’s second-largest city. It combines urban conveniences with suburban neighborhoods, offering easy access to Lake Mead, shopping districts, and family-friendly parks. Henderson’s size makes it diverse, with upscale master-planned communities like Green Valley Ranch and Inspirada, as well as more affordable housing options.

Real Estate Market Comparison in 2025

One of the most important factors for relocators is real estate. Both Summerlin and Henderson offer a mix of luxury homes, family residences, and rental opportunities. However, the pricing trends, inventory, and lifestyle differences shape buyer and renter decisions, with professional property management in Henderson NV ensuring that both investors and residents benefit from well-maintained and efficiently managed housing options..

Rental Market

Rental costs in Summerlin average between $1,800 and $3,000 per month, particularly for homes near Downtown Summerlin or golf communities. Henderson, by comparison, offers more affordable rentals between $1,600 and $2,600 monthly, with larger homes often available at competitive rates.

Key Insight

Summerlin tends to have higher price points, largely due to its exclusivity, new developments, and demand for lifestyle amenities. Henderson provides a wider spectrum of affordability, appealing to both first-time buyers and families upgrading to larger homes.

Lifestyle and Amenities

Summerlin and Henderson both offer outstanding lifestyle amenities. Summerlin is known for its trails, golf courses, and Downtown Summerlin’s shopping and dining, while Henderson highlights family-friendly parks, community centers, and proximity to Lake Mead for outdoor recreation and leisure activities.

Summerlin Amenities

Summerlin is often considered the benchmark for master-planned communities in Las Vegas. Highlights include more than 150 miles of trails for walking, biking, and running, multiple golf courses such as TPC Summerlin, Downtown Summerlin for shopping and dining, and proximity to Red Rock Canyon for outdoor enthusiasts.

Henderson Amenities

Henderson’s amenities reflect its balance between suburban and urban life. The city is home to parks and outdoor spaces like Cornerstone Park and the Henderson Bird Viewing Preserve. It also offers quick access to Lake Mead and Hoover Dam, a premier shopping hub at The District at Green Valley Ranch, and family-oriented recreational centers and sports complexes.

Schools and Education

Summerlin and Henderson both provide excellent education options within the Clark County School District. Summerlin features top-rated public, charter, and private schools, while Henderson is often praised for strong public schools, charter academies, and private institutions supporting family-focused learning environments.

Families relocating often prioritize education. Both Henderson and Summerlin offer strong schooling options.

Summerlin Schools

Summerlin is served by the Clark County School District (CCSD) and includes several top-performing public schools. Families also have access to charter and private institutions, such as Bishop Gorman High School. Summerlin schools are well known for academics, arts, and athletics, making them appealing for diverse educational needs.

Henderson Schools

Henderson schools also operate under CCSD and are often recognized for higher performance compared to other parts of Las Vegas. Charter schools like Pinecrest Academy and private schools such as Henderson International School provide families with additional quality options. Many neighborhoods are built with schools at their core, reinforcing Henderson’s family-friendly reputation.

Community Events and Lifestyle Culture

Summerlin fosters a vibrant lifestyle with farmers markets, outdoor concerts, and sports at Las Vegas Ballpark. Henderson emphasizes family traditions with events like WinterFest, performances at the Henderson Pavilion, and recreational activities near Lake Mead, creating strong community connections for residents.

Summerlin Community Culture

Summerlin thrives on community-driven events. Residents can enjoy seasonal farmers markets, cultural festivals, and concerts in the park. The Las Vegas Ballpark, home to the Aviators minor league baseball team, also serves as a centerpiece for entertainment and local pride.

Henderson Community Culture

Henderson places a strong emphasis on recreational and family-focused activities. The Henderson Pavilion hosts concerts and live performances, while events such as WinterFest celebrate seasonal traditions. Outdoor enthusiasts also benefit from the city’s proximity to Lake Mead for boating, hiking, and other adventures.

Comparative Analysis for Relocators

For relocators, Summerlin appeals to those seeking luxury living, strong schools, and access to Red Rock Canyon, though at higher housing costs. Henderson offers greater affordability, diverse neighborhoods, and family-friendly amenities, making it ideal for first-time buyers, growing families, and retirees.

For Families

Summerlin offers strong schooling and abundant parks, though housing comes at a premium. Henderson provides more affordable housing while still offering excellent schools and family-friendly amenities.

For Professionals

Summerlin provides easy access to the Strip and office hubs via Summerlin Parkway, along with coworking spaces. Henderson benefits from proximity to McCarran International Airport and major business corridors along I-215.

For Retirees

Summerlin offers luxurious retirement communities with golf and wellness facilities. Henderson provides quieter, affordable retirement neighborhoods with easy access to healthcare facilities and recreational outlets.

Frequently Asked Questions

• Is Summerlin more expensive than Henderson? Yes. Summerlin generally carries higher property values due to its location, master planning, and luxury amenities.

• Which area has better schools, Summerlin or Henderson? Both areas perform well, but Henderson schools are often rated slightly higher within CCSD rankings, while Summerlin offers a strong mix of private and charter options.

• Where is rental housing more affordable? Henderson typically offers more affordable rental options compared to Summerlin, particularly for larger family homes.

• Which community is closer to outdoor recreation? Summerlin borders Red Rock Canyon, making it ideal for hiking and nature lovers. Henderson offers access to Lake Mead for water sports and outdoor activities.

• Is Henderson safer than Summerlin? Both communities rank among the safest in the Las Vegas Valley, with well-managed neighborhoods and local police presence.

Choosing between living in Summerlin vs Henderson in 2025 depends on your lifestyle, priorities, and budget. Summerlin appeals to those seeking exclusivity, luxury homes, and proximity to Red Rock Canyon. Henderson, meanwhile, provides affordability, strong schools, and family-friendly neighborhoods with access to Lake Mead.

Both communities offer high quality of life, making them top destinations for relocators moving to the Las Vegas Valley. For personalized guidance on buying, selling, or renting in either area, contact Shelter Realty Property Management today to explore your options with a trusted local expert.

Shelter Realty Property Management specializes in the areas of  Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – As a result of the Federal Reserve’s latest benchmark interest rate cut made late last week, rates on home mortgages – instead of lowering as one would expect – actually increased, which is news that many prospective home buyers certainly did not want to hear.

Last Tuesday, the average rate on the 30-year fixed-rate mortgage was 6.13 percent, one of the lowest levels it has been in a year. However, when Fed Chairman Jerome Powell announced at a news conference last Wednesday the agency’s latest interest cut, that mortgage rate actually began to climb instead of fall.

The reason? Negative reaction on the part of the bond market – which had already priced in a cut – to Powell noting at the press conference that another rate cut in December is not guaranteed to happen, according to a client note sent by Mortgage News Daily Chief Operating Officer Matthew Graham.

The market’s enthusiasm for 3 Fed rate cuts in 2025 had grown a bit too large for the Fed’s liking,” he said in the note. “The market was nearly 100 percent certain of another cut in December. The Fed was not as certain, and Powell made it a point to say so yesterday. The result is a mild re-set in yields back to levels that are more consistent with a December cut being a solid possibility, but not a full lock.”

As a result of Powell’s noncommittal attitude to a December cut, directly after the press conference the then-current 6.13 percent rate jumped up 14 basis points, and by Thursday it has risen an additional six, leveling off at 6.33 percent; all in all, it swelled up a total of 20 basis points.

The last time the Fed announced a rate cut – which occurred in September – 30-year fixed mortgage rates jumped even higher, that time to 6.37 percent.

Shelter Realty Property Management specializes in the areas of  Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – After finally securing the vital public funding required to carry out the project, construction officially began this week on a new housing tract that is being developed for the beleaguered residents of Windsor Park, whose original homes have suffered immense structural damage as a result of slowly sinking into the ground for decades.

Workers are currently doing site work at the location of the upcoming 93-lot subdivision, situated west of Martin Luther King Boulevard along Carey Avenue, after the city of Las Vegas granted developer Community Development Programs Center of Nevada – which was awarded a contract for $37 million in 2024 to build the new subdivision – a grading permit on September 15.

Windsor Park was historically home to a predominantly Black community. The neighborhood originally featured 241 homes built in the 1960s, but only about 90 remain today. Due to inadequate geological studies before construction, natural fault lines and the depletion of groundwater from an underlying aquifer caused the ground to shift, gradually sinking many of the homes.

The consequences to Windsor Park were dire over the years, with walls inside homes cracking, porches collapsing, and sewage pipes shifting and bursting.

The public funding to construct new homes for the remaining Windsor Park residents was originally approved in 2023, but development remained in limbo until only recently due to an alleged unmet deadline that threatened to yank the millions of dollars earmarked for the renewal of the devastated neighborhood off the table. However, Nevada State Senator Dina Neal (D-North Las Vegas) later confirmed that the state had indeed met the deadline, thus, securing the funding and enabling construction to finally proceed.

Funding for the $37 million project is made up of $25 million in federal COVID relief funds, and an additional $12 million from the state of Nevada itself.

This week’s commencement of construction on the Windsor Park project is an especially important milestone to the community’s long-suffering residents, who can finally look forward to moving into their new homes in the near future.

Shelter Realty Property Management specializes in the areas of  Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – Trust Home Builders, a Las Vegas-based real estate firm, is currently constructing a new, upscale housing community in Henderson, in addition to having several other similar projects lined up for development in the near future as well.

The luxury community, dubbed Serene Estates, is located on six-lots located along Serene Avenue just west of St. Rose Parkway. Work is already well under way, and upon completion, it will be comprised of one-story, 3,950-square-foot and two-story, 4,545-square-foot home designs, which will range in price from $1.8 million to $2.2 million apiece.

Serene Estates will not have a homeowners’ association, according to the developer’s website.

Trust Home Builders co-owner Michael Johnson also notes that his company has multiple other projects in various stages of conception and development; in addition to a Lake Las Vegas project that is currently underway, there is a five-lot housing tract along Horizon Ridge Parkway near Gibson Road that will break ground by the end of the year, along with a six-lot project east on Horizon Ridge slated for 2026.

Johnson said that the main demographic his company is targeting with these communities are older people from out-of-state that are moving to Southern Nevada to retire.

Despite the local real estate market currently not favoring sellers and many buyers feeling nervous about acquiring a home given current high prices and borrowing costs, Johnson pointed out that his company is nonetheless pushing forward with their projects because his target buyers tend to be affluent – in-part due to the current healthy stock market – and thus may be more willing to take the plunge on a house then the average person.

There’s so much fear among buyers right now,” he said. “I’m not letting the soft market slow me down.”

Shelter Realty Property Management specializes in the areas of  Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – A luxury rental community is slated to be constructed upon a newly-purchased 8.5-acre plot of land located 15 minutes south of the Las Vegas Strip as part of a joint partnership between real estate investor/operator Waterton and multifamily developer and manager The NRP Group.

The community, which will be targeting the tastes – and wallets – of affluent tenants, will take the form of 368 units spread out amongst two four-story, elevator-serviced multifamily buildings. The units on offer will consist of studio, one, two, and three-bedroom floorplans, with some of the one-bedrooms also having a den included.

Numerous resort-style amenities will also be available for residents, such as an outdoor pool, two courtyards, outdoor seating areas with firepits and grilling stations, as well as a club lounge, co-working space and a conference room.

The price that Waterton and The NRP Group paid for the 8.5-acre plot of land for the currently-unnamed rental community has yet to be publicly disclosed. Development is scheduled to begin soon, with the initial batch of residences being made available for tenants to move in around mid-2027, with the project slated to be fully completed in early 2028.

Waterton’s Senior Vice President of development, Kristi Nootens, said that the project would address the growing demand for luxury rental accommodations in Southern Nevada.

We’re excited to be partnering with such an experienced development firm to bring this project to life and further our development strategy,” she said. “This project offers an excellent opportunity to create a luxury rental community in a sunbelt market with relatively limited supply compared to similar markets. The location is proximate to a variety of employment opportunities in a growing submarket where the costs of homeownership far exceed the costs of renting.”

Mike Moriarty, The NRP Group Vice President of Development, said that the collaboration with Waterton – their first – will be a boon to the residents of Las Vegas.

Partnering with Waterton has enabled us to bring high-quality housing to one of the nation’s fastest-growing regions,” he said. “As our first collaboration together, this project reflects our shared vision for creating a vibrant, thoughtfully designed community that meets the needs of today’s South Enterprise residents. With a prime location near major employment hubs, retail and entertainment, it offers residents a lifestyle that combines convenience and luxury living.”

Shelter Realty Property Management specializes in the areas of  Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – Despite the concerns of local residents in the surrounding areas, a new housing project that is slated to be constructed in a rural part of the Las Vegas Valley was given the go-ahead by the Clark County Planning Commission this week.

Plans by Richmond American Homes to build a 99-lot subdivision on 19 acres south of Blue Diamond Road at Tenaya Way were approved by the Planning Commission on Tuesday, with final action for the project to be considered by the Clark County Commission at a meeting slated to take place in November 19.

However, many people in the surrounding neighborhoods are expressing dismay that the project will cause an influx of traffic that will disrupt their quiet, rural communities, many of which consist of homes on large plots of land and whose owners raise animals such as horses and chickens.

Notable among the concerned and vocal critics of the Richmond American Homes project is the magician Teller – one-half of the famous comedy magic duo and longtime Vegas headliners Penn & Teller – who has called the area home for nearly three decades.

At Tuesday’s Planning Commission meeting, multiple residents expressed their disapproval of the project, fearing that it would have a detrimental impact on their way of life, away from the hustle and bustle of the city of Las Vegas.

We do not want this suburban project to ruin our rural character,” said local resident Cathy Fry to the panel.

Currently, the area where part of Richmond American’s project is to be built is a designated Rural Neighborhood Preservation zone, which prohibits suburban-style housing with multiple homes in tight vicinity of each other on small parcels of land. The five-acre section of the project that is situated within that zone means that the company will be mandated to build homes on half-acre lots instead. But the remaining 14 acres, which are outside the zone, will consist of 90 houses built in a more traditional, tightly-knit suburban style.

LAS VEGAS, NV – At a recent Clark County Commission meeting, Commissioner Jim Gibson noted that local residents need not worry about the solution to the municipality’s housing crisis inducing sprawl, which is defined as low-density development expanding outward from a city, characterized by single-use zones and heavy reliance on cars.

Gibson issued that statement as a reply to University of Nevada, Las Vegas (UNLV) Lied Center for Real Estate director Shawn McCoy, who was engaging in a presentation on the remaining developable land in the Las Vegas Valley and who, exactly, controls it currently.

Speaking as a private consultant, McCoy said that 88 percent of the land in Clark County is controlled by the U.S. federal government.

But as portions of that land are released for housing development, members of the public at the meeting expressed worry that the risk of sprawl – which can include negative aspects such as increased automobile dependence, higher energy consumption, air and water pollution, loss of agricultural land and natural habitats, higher infrastructure costs, and reduced community cohesion – will increase.

However, Gibson stated that he is not worried about sprawl becoming an issue as the housing crisis in the valley is addressed, noting that there are a lot of misconceptions surrounding it.

There are lots of misunderstandings out there,” he said. “Sprawl is something that has been studied in this valley many times over the years, it’s not what we face and it’s not who we are. The availability of land is something that is suppressing economic opportunity in the valley, it’s driving housing costs to a place where we can’t tolerate them anymore.”

McCoy also addressed the decrease in the amount of land developed each year in the valley for residential housing since 1995, with the largest drop happening during 2006; development has yet to return to the levels they are at prior to the mid-2000’s recession. He also called for additional research into understanding Southern Nevada’s situation when it comes to land and development and how it impacts the local economy and real estate industry.

I’ve been working as an academic for more than 15 years and I’ve never seen a more understudied research space than land,” McCoy said.

Shelter Realty Property Management specializes in the areas of  Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – Despite the fact that numerous experts are say the residential real estate market in the Las Vegas Valley is in the process of transitioning to one that is now favoring buyers, home sellers are nonetheless still making healthy profits that are higher than the national average and still above pre-pandemic levels.

Home sellers in Las Vegas experienced a median profit of 53 percent in the third quarter of 2025, which according to real estate data analyst ATTOM, represents a year-over-year decrease of 59.6 percent. In contrast, the highest recorded seller median profit in the valley – when examining sales going back to 2008 – was an impressive 81.8 percent in the second quarter of 2022.

Meanwhile, the median home profit nationally for the third quarter of this year was 49.9 percent, which is a 55.4 percent drop from the same period of time last year; the national median sale price for a single-family home in the third quarter was $370,000, whereas that number was $445,000 in Las Vegas.

Despite profit margins dropping on home sales in Southern Nevada, the ATTOM report notes that they are still above the national average as well as the levels recorded before the advent of the COVID-19 pandemic.

Prior to 2020, home sellers saw profit margins of around 30 percent. As the COVID-19 pandemic induced people in search of more space to leave cities and buy homes, profits doubled to more than 60 percent in mid-2022,” the report said. “The average seller’s return has been dropping steadily since that peak, but over the last three quarters it’s held just below 50 percent.”

The average home sale nationally in the third quarter resulted in $123,100 in profit, the report said, but the highest profit margins – up to 18 times higher – were generated in major urban areas such as Las Vegas, although the largest margins were in expensive California metros such as San Jose, San Francisco, San Diego, and Los Angeles.

Shelter Realty Property Management specializes in the areas of  Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – According to a new report by Redfin, the condominium market in the Las Vegas Valley is ranking among the most imbalanced out of the top major metropolitan areas in the United States, in terms of the number of sellers versus buyers.

The Valley’s condo market came in 13th out of the 50 major metros in Redfin’s report, with the number of sellers currently far outstripping buyers in the real estate marketplace. In August, there were 2,449 condo sellers in the valley, as compared to a mere 853 potential buyers; this represents a whopping 187 percent imbalance in favor of buyers, Redfin’s data says.

The national average in August was approximately 72.3 percent more condo sellers than buyers.

The median price of a condo in Las Vegas in August was $245,000, down from the peak price of $269,000 in June 2024; the record number of condos sold in Southern Nevada was 751 in April 2021 – in the midst of the buying frenzy that took place during the COVID-19 pandemic – but in August 2025, a mere 265 condos changed hands, Redfin said.

According to Redfin Senior Economist Asad Khan, the condo market in the valley is currently favoring buyers, and that gives them an advantage when negotiating for the time being.

Condo buyers can negotiate prices down and ask sellers for concessions, and they have a lot of options to choose from,’ he said. “Even though condo prices are still fairly high and HOA fees are rising, condos are still more affordable than single-family homes. That’s especially true for people planning to hold onto their condo for several years. With some would-be condo sellers pulling back, buyers may not have this much negotiating power for long.”

Shelter Realty Property Management specializes in the areas of  Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – According to one of the top luxury real estate agents in the Las Vegas Valley, the number of homes owned by millionaire residents in Southern Nevada in 2025 has increased by a factor of three since 2019, illustrating the growing appeal of the region to affluent members of society.

IS Luxury real estate brokerage founder Ivan Sher noted that Las Vegas has become a very attractive place to live for the wealthy, with prices associated with high-end home sales in the valley increasing over the years as more rich individuals purchase properties here.

The luxury real estate market in the valley has evolved dramatically over the past decade. Ten years ago, the top of the market was $10 to $15 million,” he said. “Today, sales regularly exceed $30 million. What used to be considered luxury at $1 million is now closer to $3 to $3.5 million. This shift reflects more than just pricing; it shows that Las Vegas itself is maturing.”

The city has become a magnet for high-net-worth individuals seeking more space, a better quality of life, and the energy of a market that is constantly innovating,” Sher continued. “Since 2019, the number of millionaire households has tripled, and that momentum is evident in the type of buyers moving here, from tech entrepreneurs and finance executives to professional athletes and CEOs.”

Sher pointed out that the pandemic changed the luxury home dynamic in Vegas, saying that the number of affluent, out-of-state transplants – many hailing from the neighboring state of California – jumped dramatically after 2020.

Before COVID, roughly half of my buyers were local, about 30 percent came from California, and the rest from other areas,” he said. “After 2020, there was a noticeable shift. California buyers made up around 75 percent of my clientele. The pandemic was a tipping point, showing people that they no longer needed to live where they worked, thanks to Zoom and remote work, which created a strong migration to Las Vegas.”

Aside from the exciting entertainment options afforded by Vegas, the plethora of professional sports teams relocating to the city, and Nevada’s lack of state income tax, the overall quality of life offered by Southern Nevada is proving to be an exceptional draw to the wealthy.

Many are seeking a place with less polarization, a more manageable pace of life, good food, great weather, and convenient access through the airport,” he said. “People come for these reasons and often stay because Las Vegas delivers a quality of life they cannot find elsewhere.”

Shelter Realty Property Management specializes in the areas of  Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – Several owners of homes in Del Webb in Lake Las Vegas are complaining that their million-dollar luxury residences are crumbling just a few years after they were built, and they’re blaming the community’s parent company – PulteGroup – for the issues currently plaguing them.

Residents are reporting problems such as tilting floors, splitting walls, and the threat of actually falling while walking around in their very own homes. Willie Barron notes that his $1.3 million property, just five years after it was constructed, is now “tilting an inch and a half from the rear to the front…everything is unstable and uneven.”

Del Webb homeowners situated on a ridgeline in the community are said to be dealing with homes that are “crumbling from below,” according to attorney Norberto Cisneros – who specializes in construction-defect lawsuits – who also notes that this situation is “probably one of the worst cases I’ve ever seen.”

Local media coverage of the affected homes reportedly shows one with cracks in the wall of its dining room that keep reappearing no matter home many times they are repaired; kitchen tiles that are coming apart; a backyard patio that has detached from its house; as well as splitting fences and cracking retaining walls.

Structures that have used stucco for their walls have had especially bad problems, Cisneros claimed; issues include cracked walls, leaks, and water damage.

This is a classic example of soils problems,” he explained. “They gutted out the community, took all the soils, and they have to re-compact it before they build the homes on top. They did not compact the soils properly here.”

Stabilizing the affected properties could cost as much as $300,000 to $500,000 each, Cisneros said, and claimed that PulteGroup has not yet responded with a repair plan by a state law-mandated 90-day deadline.

PulteGroup has reportedly faced similar accusations in Florida, to the point where the company reached an agreement with the state’s attorney general in 2018 to pay a $78.7 million judgment to resolve claims over stucco defects, in addition to additional millions in restitution and repairs for homeowners.

In regards to the Del Webb homes in Lake Las Vegas, PulteGroup issued the following statement to local media: “We stand behind the quality of homes we deliver. We are actively engaged with homeowners in assessing their concerns and addressing warranty-related repairs.”

Shelter Realty Property Management specializes in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.