Is Mountain's Edge, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mountain's Edge has remained a Seller's Market.
Key Takeaway
Mountain's Edge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mountain's Edge, NV
How much do homes in Mountain's Edge, NV cost?
Median Sold Price
$459,500
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Mountain's Edge have sold for 3.3% less than they did a year ago.
Summary: The median home sold price in Mountain's Edge was $459,500 in April 2024, down 3.3% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $370K | $345K | -6.8% |
| 3 Bedrooms | $444.9K | $435K | -2.2% |
| 4 Bedrooms | $503K | $510K | +1.4% |
| 5+ Bedrooms | $595K | $597.5K | 0.4% |
Summary: Mountain's Edge housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.8%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 0.4%.
Housing Supply in Mountain's Edge, NV
How many homes are available in Mountain's Edge, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 116 | 130 | +12.1% |
Summary: The Mountain's Edge real estate market had 130 homes for sale in April 2024, a 12.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 54 | 64 | +18.5% |
| 4 Bedrooms | 43 | 46 | +7.0% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Mountain's Edge housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 43 | +34.4% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mountain's Edge, you may be able to get a good deal. 41.9% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in Mountain's Edge in April 2024, up by 34.4% month-over-month. Of the 43 sold homes, 42% were sold under asking, 30% were sold at asking, and 28% were sold over asking.
Days on Market for Mountain's Edge, NV
How long does it take to sell a home in Mountain's Edge, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 48 Days | 18 Days | -61.4% |
Summary: Homes in Mountain's Edge had an average of 18 days on market in Apr 2024, down by 61.4% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mountain's Edge are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 43 homes were sold in Mountain's Edge; 84% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 5% 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.