Is Canyon Gate, 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, Canyon Gate has remained a Seller's Market.
Key Takeaway
Canyon Gate is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Canyon Gate, NV
How much do homes in Canyon Gate, NV cost?
Median Sold Price
$350,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Canyon Gate have sold for 24.6% less than they did a year ago.
Summary: The median home sold price in Canyon Gate was $350,000 in May 2024, down 24.6% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $190K | -7.3% |
| 2 Bedrooms | $240K | $255.4K | +6.4% |
| 3 Bedrooms | $500K | $475K | -5.0% |
| 4 Bedrooms | $545K | $937.2K | +72.0% |
| 5+ Bedrooms | $1.6M | $1.5M | -3.0% |
Summary: Canyon Gate housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.3%, 2 bedroom homes increased by 6.4%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 72%, and 5+ bedroom homes decreased by 3%.
Housing Supply in Canyon Gate, NV
How many homes are available in Canyon Gate, NV?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 28 | +27.3% |
Summary: The Canyon Gate real estate market had 28 homes for sale in May 2024, a 27.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 6 | 10 | +66.7% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Canyon Gate housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canyon Gate, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Canyon Gate in May 2024, down by 37.5% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Canyon Gate, NV
How long does it take to sell a home in Canyon Gate, NV?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 42 Days | 34 Days | -18.1% |
Summary: Homes in Canyon Gate had an average of 34 days on market in May 2024, down by 18.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Canyon Gate has remained consistent over time.
Summary: During May 2024, 5 homes were sold in Canyon Gate; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed.