$5,759 Closing Credit*
$485,000
2,180 SqFt
3 Beds
•2 Full Baths
Gerri Wadkins, Listing Office: LIFE Realty District
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 August 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
$463,750
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$12,000(+2.7%)
Key Takeaway
Homes in Mountain's Edge have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Mountain's Edge was $463,750 in August 2024, up 2.7% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $364K | $349.9K | -3.9% |
| 3 Bedrooms | $425K | $440K | +3.5% |
| 4 Bedrooms | $488.5K | $510K | +4.4% |
| 5+ Bedrooms | $610K | $675K | +10.7% |
Summary: Mountain's Edge housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 10.7%.
Housing Supply in Mountain's Edge, NV
How many homes are available in Mountain's Edge, NV?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 150 | 158 | +5.3% |
Summary: The Mountain's Edge real estate market had 158 homes for sale in August 2024, a 5.3% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 84 | 88 | +4.8% |
| 4 Bedrooms | 40 | 48 | +20.0% |
| 5+ Bedrooms | 24 | 21 | -12.5% |
Summary: The Mountain's Edge housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 45 | 34 | -24.4% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
9 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. 50% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in Mountain's Edge in August 2024, down by 24.4% month-over-month. Of the 34 sold homes, 50% were sold under asking, 24% were sold at asking, and 26% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 22 Days | 19 Days | -14.5% |
Summary: Homes in Mountain's Edge had an average of 19 days on market in Aug 2024, down by 14.5% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 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 August 2024, 34 homes were sold in Mountain's Edge; 76% of homes were sold within 30 days, 24% 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.