Is Sun City Summerlin, 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, Sun City Summerlin has remained a Seller's Market.
Key Takeaway
Sun City Summerlin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sun City Summerlin, NV
How much do homes in Sun City Summerlin, NV cost?
Median Sold Price
$430,625
$292/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Sun City Summerlin have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Sun City Summerlin was $430,625 in April 2024, up 0.8% from last year, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | - | N/A |
| 2 Bedrooms | $407.7K | $411.9K | +1.0% |
| 3 Bedrooms | $680K | $699.9K | +2.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Sun City Summerlin 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 increased by 1%, 3 bedroom homes increased by 2.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Sun City Summerlin, NV
How many homes are available in Sun City Summerlin, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 155 | 156 | +0.6% |
Summary: The Sun City Summerlin real estate market had 156 homes for sale in April 2024, a 0.6% 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 | 132 | 136 | +3.0% |
| 3 Bedrooms | 22 | 20 | -9.1% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Sun City Summerlin 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 3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 48 | 58 | +20.8% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sun City Summerlin, you may be able to get a good deal. 60.3% of homes here sold below asking price last month.
Summary: A total of 58 homes were sold or pending in Sun City Summerlin in April 2024, up by 20.8% month-over-month. Of the 58 sold homes, 60% were sold under asking, 21% were sold at asking, and 19% were sold over asking.
Days on Market for Sun City Summerlin, NV
How long does it take to sell a home in Sun City Summerlin, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 65 Days | 26 Days | -60.2% |
Summary: Homes in Sun City Summerlin had an average of 26 days on market in Apr 2024, down by 60.2% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sun City Summerlin are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 58 homes were sold in Sun City Summerlin; 62% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 5% 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.