Is McCullough Hills, 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, McCullough Hills has remained a Seller's Market.
Key Takeaway
McCullough Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in McCullough Hills, NV
How much do homes in McCullough Hills, NV cost?
Median Sold Price
$560,000
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in McCullough Hills have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in McCullough Hills was $560,000 in March 2024, down 4.3% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $326K | $440K | +35.0% |
| 3 Bedrooms | $485K | $475K | -2.1% |
| 4 Bedrooms | $620K | $599.9K | -3.2% |
| 5+ Bedrooms | $700K | $645.5K | -7.8% |
Summary: McCullough Hills housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 7.8%.
Housing Supply in McCullough Hills, NV
How many homes are available in McCullough Hills, NV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 39 | 39 | 0.0% |
Summary: The McCullough Hills real estate market had 39 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 17 | 14 | -17.6% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The McCullough Hills housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in McCullough Hills, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in McCullough Hills in March 2024, down by 41.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for McCullough Hills, NV
How long does it take to sell a home in McCullough Hills, NV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 43 Days | 18 Days | -57.5% |
Summary: Homes in McCullough Hills had an average of 18 days on market in Mar 2024, down by 57.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in McCullough Hills are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 7 homes were sold in McCullough Hills; 71% of homes were sold within 30 days, 29% 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.