Sales of million-dollar-plus homes, led by The Peaks in Summerlin, increased 13.6 percent last year in Southern Nevada, according to a new report. The average price of a luxury home in Southern Nevada moved up to $1.9 million as luxury sales increased by 294 to 2,462 last year compared to 2024, according to data provided by the Nevada State Bank. Summerlin remains a hot spot for high-end homes as it recorded 927 sales (a 20.5 percent jump) with an average price of $2 million for a luxury house, according to the report. Of note, 292 of those homes were in The Peaks in Summerlin, with the second-closest enclave being Redpoint with 82. Homes for sale between $2 million and $3 million rose by 55.9 percent last year in Summerlin, however sales in the $4 million to $5 million range fell by 16.7 percent, according to the Nevada State Bank report. Henderson saw sales of luxury homes fall by 10.1 percent last year. “Southern Nevada’s luxury market saw healthy growth in 2025,” reads the report.…