$27M to $30K: The Wildest Week in the Las Vegas Real Estate Market

$27M to $30K: The Wildest Week in the Las Vegas Real Estate Market

Las Vegas isn’t just known for its slot machines and hockey team that actually wins. This week, the local real estate market delivered its own version of a jaw-dropper. On one end? A stunning $27 million mansion in Summerlin that looks like a Bond villain’s vacation home. On the other? A $30,000 fixer-upper that may or may not come with a complimentary ghost. Yep—welcome to the Vegas real estate rollercoaster.

Hey, I’m Ryan Rose—your ethical, no-pressure, slightly sarcastic Vegas Realtor who enjoys a good hockey brawl and even better property data. Let’s break down what went down this week in the actual Las Vegas MLS (not just the fluff Zillow serves up).

So, What’s New on the Market?

We saw 910 new listings hit the market in the past 7 days. That’s nearly a thousand fresh homes for sale—so yes, buyers, things are finally loosening up a bit.

Out of over 4,700 total listings, here's the breakdown:

• 2,149 are active and ready to roll.

• 668 are on hold—usually a seller who's not quite ready or stuck in limbo.

• 567 homes actually closed escrow.

• 312 are under contract but still showing… maybe.

The rest? Canceled, withdrawn, or temporary off-market. AKA: Not everyone plays to win.

The Numbers That Matter

• Average list price: $614,739

• Median sales price: $485,000

• Average size: 2,036 sq ft

• Average price per sq ft: $302

• Median days on market: 24

What does this mean? Homes that are priced right, clean, and marketed well are still selling—fast. The rest? Sitting like day-old buffet crab legs.

Top Zip Codes Heating Up

This week, the most MLS activity came from:

• 89011 – Lake Las Vegas / Henderson

• 89138 – Summerlin West

• 89084 – Aliante

• 89131 – Northwest Las Vegas

• 89052 – Southern Highlands & Anthem

So if you’re shopping in those areas, you're definitely not alone.

Pool Homes Are Scarce and Spendy

Only 911 homes out of 4,700+ currently have a pool. Less than 1 in 5. Which explains why every pool home is priced like it was filled with champagne and filtered through unicorn tears. Vegas summers are no joke. Pools sell.

Let’s Talk About That $27M Listing

10911 Discovery Peak Ct in 89135 (Summerlin) is 11,888 sq ft of modern insanity. We’re talking 6 bedrooms, 9 bathrooms, floating vanities, home theater, glass wine wall, and a sleek pool overlooking a golf course. No Strip view, but if you’ve got $27 million to drop, I assume you’ve got other views in life.

On the Flip Side: $30K Fixer

Then there’s 123 Rowan Dr (89008)—a $30,000 home that’s probably either a teardown, an investor project, or a set piece from a horror film. Hey, every market has its extremes, right?

Final Thoughts: Vegas is Wild

Whether you’re buying a $27 million mansion, flipping a $30K shack, or just window-shopping, the Las Vegas market never fails to entertain. Want a custom MLS feed for your budget or zip code? DM me the word “HOT” and I’ll send you the good stuff. No spam. No nonsense.