Led by an emerging luxury custom-home community in Summerlin called Ascension, Las Vegas homebuilders have sold 47 percent more homes during the first half of 2025 priced at $1 million and higher.

Las Vegas-based Home Builders Research reported there were 334 sales of new homes priced at $1 million and higher during the first six months of 2025, up from 227 from the first half of 2024.

Ascension is clearly the difference in the gap with 142 sales this year through the end of June. There were only two sales in Ascension through the first half of 2024.

Ascension is a joint project of Toll Brothers and the Pulte Group. It’s located between the Summit Club and Mesa Ridge. There were 62 sales in the first three months of the year and 80 in the second quarter, according to Home Builders Resea

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