Is Queensridge, 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, Queensridge has remained a Buyer's Market.
Key Takeaway
Queensridge is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Queensridge, NV
How much do homes in Queensridge, NV cost?
Median Sold Price
$850,000
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Queensridge have sold for 19.2% less than they did a year ago.
Summary: The median home sold price in Queensridge was $850,000 in April 2024, down 19.2% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $975K | $815K | -16.4% |
| 3 Bedrooms | $1.0M | $535K | -49.0% |
| 4 Bedrooms | $1.4M | $914.4K | -36.9% |
| 5+ Bedrooms | $1.6M | $1.4M | -15.7% |
Summary: Queensridge 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 16.4%, 3 bedroom homes decreased by 49%, 4 bedroom homes decreased by 36.9%, and 5+ bedroom homes decreased by 15.7%.
Median Sold Price Compared To Nearby Neighborhoods
| The Canyons / TPC Las Vegas | $999.7K | $1.1M | +14.9% |
| Queensridge | $1.0M | $850K | -19.2% |
Housing Supply in Queensridge, NV
How many homes are available in Queensridge, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 40 | +29.0% |
Summary: The Queensridge real estate market had 40 homes for sale in April 2024, a 29.0% 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 | 6 | 11 | +83.3% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Queensridge 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 increased by 83.3%, 3 bedroom homes increased by 30%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Queensridge, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Queensridge in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Queensridge, NV
How long does it take to sell a home in Queensridge, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 53 Days | 21 Days | -60.0% |
Summary: Homes in Queensridge had an average of 21 days on market in Apr 2024, down by 60% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Queensridge are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Queensridge; 67% of homes were sold within 30 days, 33% 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.