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Neighborhood Report

Where the valley is actually growing

Most Las Vegas development coverage stops at the Strip. The volume story is in the master plans on the edges of the valley and in the industrial corridor north of it.

Master-planned communities

Active and newly announced. Figures are drawn from developer statements and market surveys — treat brokerage-sourced price bands as indicative.

West valley · ~22,500 acres

Summerlin

Entering its 36th year. Opened 10 new neighborhoods in 2025 and accounted for roughly 38% of valley new-home dollar volume.

  • DeveloperHoward Hughes Holdings
  • Units~41,000 homes built
  • Prices$525K–$5M+
  • SourceSummerlin.com

Henderson · 2,200 acres

Cadence

About 38% of Henderson new construction; ranked third nationally by RCLCO in 2025. Five builders active.

  • DeveloperLandWell
  • Units~13,500 homes at buildout
  • Prices$390K–$1.2M
  • SourceView Vegas Now

Northwest / North LV · 1,280 acres

Villages at Tule Springs

Heartland Trails was the valley's top-selling subdivision in July 2026, and D.R. Horton opened three new product lines there that month.

  • Developern.a.
  • Units8,683 homes planned
  • Prices$445K–$695K
  • SourceReview-Journal

Henderson

Inspirada

Closing out — roughly 75 homes remained in inventory at last count.

Northwest Las Vegas

Skye Canyon

Mid-buildout in the northwest growth corridor.

North Las Vegas

Valley Vista

One of the most active North Las Vegas communities, with Tri Pointe and Lennar building.

Henderson

Lake Las Vegas

The valley's luxury waterfront play, still adding product.

Far east Henderson

Aries

Newly announced master plan. Pulte opened five product lines in July 2026.

  • DeveloperPulte Homes
  • Units~500 home sites
  • Pricesn.a.
  • SourceReview-Journal

Deep dives

Four submarkets, reported one at a time

Land supply, active projects with stated costs, resale and new-build pricing, and the structural constraint each one is up against.

The undercovered story

North Las Vegas and Apex are where the square footage is going.

North Las Vegas accounted for nearly three quarters of industrial occupancy gains in the second quarter of 2026, against 825,000 sf of positive net absorption valley-wide and roughly 5.9 million sf under construction (CBRE).

Much of that is data centers. Switch assembled more than 300 acres at Apex for about $200 million, and Novva roughly 205 acres for about $181 million (View Vegas Now). The water question is now a live policy fight: Reno adopted a moratorium, Henderson chose development agreements instead in July 2026, and a Clark County commissioner is pushing for a data center ordinance (Route Fifty).

Aerial view of the Las Vegas Valley with construction cranes
The valley's low-rise sprawl meets its vertical pipeline. Illustrative photo.

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The Friday Pipeline

Everything that changed in the valley this week, in one email.

Status changes on every tracked project, the permits and agenda items nobody else flagged, and one chart. Free, once a week, no fluff.