Is Silverado 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, Silverado Ranch has remained a Seller's Market.
Key Takeaway
Silverado Ranch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Silverado Ranch, NV
How much do homes in Silverado Ranch, NV cost?
Median Sold Price
$395,000
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Silverado Ranch have sold for 3.6% less than they did a year ago.
Summary: The median home sold price in Silverado Ranch was $395,000 in March 2024, down 3.6% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $210K | -2.3% |
| 2 Bedrooms | $335K | $325K | -3.0% |
| 3 Bedrooms | $400K | $395.6K | -1.1% |
| 4 Bedrooms | $489K | $472.5K | -3.4% |
| 5+ Bedrooms | $615K | $569.9K | -7.3% |
Summary: Silverado Ranch housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.3%, 2 bedroom homes decreased by 3%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 7.3%.
Housing Supply in Silverado Ranch, NV
How many homes are available in Silverado Ranch, NV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 129 | 147 | +14.0% |
Summary: The Silverado Ranch real estate market had 147 homes for sale in March 2024, a 14.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 23 | 30 | +30.4% |
| 3 Bedrooms | 50 | 62 | +24.0% |
| 4 Bedrooms | 30 | 32 | +6.7% |
| 5+ Bedrooms | 19 | 16 | -15.8% |
Summary: The Silverado Ranch 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 30.4%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 15.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 38 | 37 | -2.6% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Silverado Ranch, you may be able to get a good deal. 78.4% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Silverado Ranch in March 2024, down by 2.6% month-over-month. Of the 37 sold homes, 78% were sold under asking, 3% were sold at asking, and 19% were sold over asking.
Days on Market for Silverado Ranch, NV
How long does it take to sell a home in Silverado Ranch, NV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 62 Days | 22 Days | -63.1% |
Summary: Homes in Silverado Ranch had an average of 22 days on market in Mar 2024, down by 63.1% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Silverado Ranch are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 37 homes were sold in Silverado Ranch; 70% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 3% 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.