Palmilla Market Report
January 2025 Market Analysis & Trends
Market Overview
Subdivision: Palmilla
Report Period: January 2025
Market Trend: Seller's Market
Key Market Metrics
$1,180,000
Average Sale Price
+7.2% vs last year
22
Days on Market
Average time to sell
2
Active Listings
Currently for sale
$375
Price per Sq Ft
Average price per square foot
Market Insights & Analysis
Premium Location
Palmilla's prime location near Desert Foothills Drive continues to attract luxury buyers seeking convenience and exclusivity.
Steady Appreciation
Home values in Palmilla have shown consistent 7.2% year-over-year growth, indicating strong market fundamentals.
Limited Supply
With only 2 active listings, Palmilla has one of the lowest inventory levels in Summerlin West.
Recent Sales in Palmilla
| Address | Sale Price | Sale Date | Beds/Baths | Sq Ft | Days on Market |
|---|---|---|---|---|---|
| 789 Canyon Ridge Dr | $1,225,000 | 12/20/2024 | 4/3 | 3,300 | 18 |
Expert Market Analysis
Dr. Jan Duffy provides expert insights on the current Palmilla market conditions and what they mean for buyers and sellers.
Dr. Jan Duffy's Market Insight
"Palmilla represents the perfect balance of luxury and convenience in Summerlin West. Woodside Homes' quality construction combined with the subdivision's prime location near Desert Foothills Drive creates exceptional value. The 7.2% year-over-year appreciation reflects strong demand for this gated community. With only 2 active listings, Palmilla has one of the tightest inventories in the area, making it a true seller's market. The average 22 days on market shows properties are moving quickly when priced correctly. For buyers, Palmilla offers excellent long-term value with its established community and premium amenities."
Current Homes for Sale in Palmilla
Browse the latest homes for sale in Palmilla subdivision. These properties offer luxury living with gated community access and premium amenities.
Property Search Coming Soon
We're updating our property search system. In the meantime, contact Dr. Jan Duffy for personalized assistance.
📞 Call (702) 550-0112Ready to Buy or Sell in Palmilla?
Dr. Jan Duffy specializes in Palmilla subdivision and can provide expert guidance on market conditions, pricing strategies, and the buying/selling process.