Is Sunridge at MacDonald Ranch, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Sunridge at MacDonald Ranch was a Buyer's Market.
Key Takeaway
Sunridge at MacDonald Ranch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sunridge at MacDonald Ranch, NV
How much do homes in Sunridge at MacDonald Ranch, NV cost?
Median Sold Price
$615,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Sunridge at MacDonald Ranch have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Sunridge at MacDonald Ranch was $615,000 in April 2024, up 2.5% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $450K | $450K | 0.0% |
| 3 Bedrooms | $501K | $600K | +19.8% |
| 4 Bedrooms | $680K | $637.5K | -6.3% |
| 5+ Bedrooms | $670K | $722K | +7.8% |
Summary: Sunridge at MacDonald Ranch 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 did not change, 3 bedroom homes increased by 19.8%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 7.8%.
Housing Supply in Sunridge at MacDonald Ranch, NV
How many homes are available in Sunridge at MacDonald Ranch, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 17 | -22.7% |
Summary: The Sunridge at MacDonald Ranch real estate market had 17 homes for sale in April 2024, a 22.7% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Sunridge at MacDonald Ranch 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 remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sunridge at MacDonald Ranch, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Sunridge at MacDonald Ranch in April 2024, up by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Sunridge at MacDonald Ranch, NV
How long does it take to sell a home in Sunridge at MacDonald Ranch, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 20 Days | 54 Days | +161.3% |
Summary: Homes in Sunridge at MacDonald Ranch had an average of 54 days on market in Apr 2024, up by 161.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sunridge at MacDonald Ranch are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in Sunridge at MacDonald Ranch; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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.