Is Skye Canyon, 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, Skye Canyon has remained a Neutral Market.
Key Takeaway
Skye Canyon is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Skye Canyon, NV
How much do homes in Skye Canyon, NV cost?
Median Sold Price
$540,000
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Skye Canyon have sold for 4.7% less than they did a year ago.
Summary: The median home sold price in Skye Canyon was $540,000 in April 2024, down 4.7% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $585K | $479.5K | -18.0% |
| 3 Bedrooms | $544.9K | $520K | -4.6% |
| 4 Bedrooms | $570.5K | $562K | -1.5% |
| 5+ Bedrooms | $740K | $760K | +2.7% |
Summary: Skye Canyon 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 18%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Centennial Village | $522.5K | $670.5K | +28.3% |
| Grand Canyon Village | $395.9K | $380K | -4.0% |
| Skye Canyon | $566.4K | $540K | -4.7% |
Housing Supply in Skye Canyon, NV
How many homes are available in Skye Canyon, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 77 | 84 | +9.1% |
Summary: The Skye Canyon real estate market had 84 homes for sale in April 2024, a 9.1% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 38 | 48 | +26.3% |
| 4 Bedrooms | 30 | 25 | -16.7% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Skye Canyon 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 50%, 3 bedroom homes increased by 26.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 14 | -44.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Skye Canyon, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Skye Canyon in April 2024, down by 44.0% month-over-month. Of the 14 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% were sold over asking.
Days on Market for Skye Canyon, NV
How long does it take to sell a home in Skye Canyon, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 71 Days | 36 Days | -49.0% |
Summary: Homes in Skye Canyon had an average of 36 days on market in Apr 2024, down by 49% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Skye Canyon are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in Skye Canyon; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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.