Is MacDonald Ranch, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, MacDonald Ranch has remained a Seller's Market.
Housing Prices in MacDonald Ranch, NV
How much do homes in MacDonald Ranch, NV cost?
Median Sold Price
$465,000
$294/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in MacDonald Ranch was $465,000 in May 2024, up 3.3% from last year, and the median price per square foot was $294.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $378.7K | $300K | -20.8% |
2 Bedrooms | $379.4K | $385K | +1.4% |
3 Bedrooms | $508.2K | $590K | +16.1% |
4 Bedrooms | $697.4K | $720K | +3.2% |
5+ Bedrooms | $1.8M | $1.2M | -34.0% |
Summary: MacDonald Ranch housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.8%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 34%.
Housing Supply in MacDonald Ranch, NV
How many homes are available in MacDonald Ranch, NV?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
92 | 97 | +5.4% |
Summary: The MacDonald Ranch real estate market had 97 homes for sale in May 2024, a 5.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 40 | 42 | +5.0% |
3 Bedrooms | 18 | 17 | -5.6% |
4 Bedrooms | 22 | 27 | +22.7% |
5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The MacDonald Ranch housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 | 27 | -12.9% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in MacDonald Ranch in May 2024, down by 12.9% month-over-month. Of the 27 sold homes, 74% were sold under asking, 19% were sold at asking, and 7% were sold over asking.
Days on Market for MacDonald Ranch, NV
How long does it take to sell a home in MacDonald Ranch, NV?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
37 Days | 35 Days | -5.2% |
Summary: Homes in MacDonald Ranch had an average of 35 days on market in May 2024, down by 5.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 27 homes were sold in MacDonald Ranch; 59% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.