What’s happening in The Canyons real estate market? Whether you’re a homeowner tracking your property’s value or a buyer considering this prestigious Summerlin village, here’s the latest breakdown of activity, pricing, and buyer behavior from the past 90 days.
The Canyons in Summerlin
The Canyons is one of Summerlin’s most distinctive and resort-like villages. It features gated condos, luxury residences, and custom guard-gated estates — anchored by TPC Las Vegas golf course, the JW Marriott Resort & Rampart Casino, and the Canyons Center business park. With its blend of recreation, including Hualapai Park and direct access to the Summerlin Trail system, The Canyons offers both exclusivity and lifestyle convenience. Its homes, from the gated condos of Cierra and Dakota to the multi-million-dollar estates in Canyon Fairways and Bellacere, make it a premier choice for discerning buyers.
Current Market Snapshot – Last 90 Days
Foundations – Cierra & Dakota (Gated Condos)
- Active Listings: 6
- Under Contract: 0
- Sold (Last 90 Days): 3
- Average Sold Price: $307,633
- Average Price per Square Foot: $257
- Average Days on Market: 30
- List-to-Sale Ratio: 97.8%
Steady demand, quick sales, and very little discounting highlight this accessible entry point to The Canyons.
Signatures – Mira Villa (Luxury Condos)
- Active Listings: 12
- Under Contract: 0
- Sold (Last 90 Days): 4
- Average Sold Price: $1,466,250
- Average Price per Square Foot: $533
- Average Days on Market: 137
- List-to-Sale Ratio: 91.2%
Luxury condos remain active but require longer timelines. Buyers negotiate heavily, showing patience before committing.
Estates – Talon Point, Scarlet Canyon, Canyon Ridge, Canyon Mesa, Eagle Rock, Aventura, Palisades
- Active Listings: 18
- Under Contract: 1
- Sold (Last 90 Days): 8
- Average Sold Price: $1,373,125
- Average Price per Square Foot: $389
- Average Days on Market: 42
- List-to-Sale Ratio: 87.7%
This is where most of the market activity is. Homes are moving, but buyers are negotiating roughly 12% off list on average.
Legacies – Canyon Fairways, Bellacere, Canyon Crest (Custom Estates)
- Active Listings: 9
- Under Contract: 1
- Sold (Last 90 Days): 1
- Average Sold Price: $2,600,000
- Average Price per Square Foot: $713
- Average Days on Market: 2
- List-to-Sale Ratio: 96.3%
A decisive sale: when top-tier custom homes are priced correctly, they move quickly and close near asking.
Beyond the Snapshot – 12-Month Trends & Financing Insights
Looking at sales across the past year provides deeper context:
- Foundations (Cierra & Dakota): Mix of cash and conventional, with FHA financing appearing — rare in Summerlin. Reinforces these condos as the most approachable entry point.
- Signatures (Mira Villa): Cash is dominant, but conventional jumbo loans are alive. Cash buyers averaged $1.52M but took longer to close, showing sellers are patient for the right match.
- Estates: Nearly even split between cash and conventional. Cash closed faster (20 DOM) but conventional buyers paid stronger prices. Indicates motivated sellers still see financed buyers as viable.
- Legacies: Cash secured the higher end (~$2.93M vs $2.02M conventional), but conventional lending remains strong. Even at the top, buyers are not exclusively liquid.
Don’s Take
“The Canyons is one of the few Summerlin villages that offers a complete ladder of living — from entry condos to legacy estates — without leaving the community. Over the last 90 days, the estates have been the busiest segment, while luxury condos at Mira Villa require more patience. What stands out most is the financing mix: cash drives luxury, but conventional lending is still strong across the board. This shows confidence from both affluent liquid buyers and long-term homeowners investing through financing.”
Why This Matters for Homeowners
- Homes across all categories are selling, most within a reasonable timeframe.
- Luxury cash buyers are active, but financed offers remain competitive.
- Correct pricing and positioning are critical: homes that align with market expectations still move quickly.
Why This Matters for Buyers
- Entry condos offer a guarded, affordable on-ramp into The Canyons.
- Mira Villa delivers resort-style living with premium amenities.
- Estates provide strong opportunities for negotiation, while Legacies command top dollar if priced right.
Don Cramer – Your Canyons Real Estate Advisor
I’m Don Cramer, a Luxury Real Estate Advisor with Real Broker in Las Vegas, specializing in Summerlin and country club communities like The Canyons, The Hills South, and Red Rock. As a former PGA Professional and longtime Summerlin resident, I bring a unique perspective on golf, lifestyle, and the luxury home market to my clients.
I don’t just sell homes — I help discerning clients choose the right fit, from the lock-and-leave lifestyle of Mira Villa to the prestige of a custom estate in Canyon Fairways or Bellacere. My approach blends market insight with negotiation expertise, giving you clarity and confidence when making decisions in The Canyons.
📩 Curious about the current market in The Canyons — or wondering what it takes to make a smart move here? Reach out anytime.
