Is Sun City Macdonald Ranch, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sun City Macdonald Ranch is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Sun City Macdonald Ranch has remained a Seller's Market.

Key Takeaway

Sun City Macdonald Ranch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sun City Macdonald Ranch, NV

How much do homes in Sun City Macdonald Ranch, NV cost?

Median Sold Price

$435,000

$317/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,900(+9.5%)

Key Takeaway

Homes in Sun City Macdonald Ranch have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Sun City Macdonald Ranch was $435,000 in November 2024, up 9.5% from last year, and the median price per square foot was $317.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $343.7K$300K
-12.7%
2 $389K$416K
+6.9%
3 $593K$620K
+4.6%
4 $1.3M$1.3M
+0.8%
5+ -$1.2M
N/A

Summary: Sun City Macdonald Ranch housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.7%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

MacDonald Ranch
+13.6%
Sun City Macdonald Ranch
+9.5%

Housing Supply in Sun City Macdonald Ranch, NV

How many homes are available in Sun City Macdonald Ranch, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4844-8.3%

Summary: The Sun City Macdonald Ranch real estate market had 44 homes for sale in November 2024, a 8.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 4137
-9.8%
3 77
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Sun City Macdonald Ranch housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.8%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1510-33.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sun City Macdonald Ranch, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Sun City Macdonald Ranch in November 2024, down by 33.3% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.

Days on Market for Sun City Macdonald Ranch, NV

How long does it take to sell a home in Sun City Macdonald Ranch, NV?

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days25 Days+37.3%

Summary: Homes in Sun City Macdonald Ranch had an average of 25 days on market in Nov 2024, up by 37.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sun City Macdonald Ranch are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in Sun City Macdonald Ranch; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

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