Is MacDonald Ranch, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$460,000
$288/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in MacDonald Ranch was $460,000 in March 2024, down 0.6% from last year, and the median price per square foot was $288.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $378.7K | $300K | -20.8% |
2 Bedrooms | $389.5K | $380K | -2.4% |
3 Bedrooms | $520K | $562.5K | +8.2% |
4 Bedrooms | $712K | $683.3K | -4.0% |
5+ Bedrooms | $1.8M | $1.2M | -34.0% |
Summary: MacDonald Ranch housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.8%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 4%, 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
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
85 | 100 | +17.6% |
Summary: The MacDonald Ranch real estate market had 100 homes for sale in March 2024, a 17.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 36 | 41 | +13.9% |
3 Bedrooms | 16 | 20 | +25.0% |
4 Bedrooms | 22 | 25 | +13.6% |
5+ Bedrooms | 10 | 14 | +40.0% |
Summary: The MacDonald Ranch housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 24 | +4.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in MacDonald Ranch in March 2024, up by 4.3% month-over-month. Of the 24 sold homes, 63% were sold under asking, 21% were sold at asking, and 17% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 21 Days | -53.8% |
Summary: Homes in MacDonald Ranch had an average of 21 days on market in Mar 2024, down by 53.8% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 24 homes were sold in MacDonald Ranch; 79% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.