Is Sunrise Manor, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sunrise Manor is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Sunrise Manor has remained a Seller's Market.

Key Takeaway

Sunrise Manor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sunrise Manor, NV

How much do homes in Sunrise Manor, NV cost?

Median Sold Price

$336,333

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$1,376(+0.4%)

Key Takeaway

The sold price of homes in Sunrise Manor has remained the same since last year.

Summary: The median home sold price in Sunrise Manor was $336,333 in March 2024, up 0.4% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $132.5K$135K
+1.9%
2 $210K$215K
+2.4%
3 $340K$340K
0.0%
4 $385K$390K
+1.3%
5+ $490K$460K
-6.1%

Summary: Sunrise Manor housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes increased by 2.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 6.1%.

Housing Supply in Sunrise Manor, NV

How many homes are available in Sunrise Manor, NV?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
442491+11.1%

Summary: The Sunrise Manor real estate market had 491 homes for sale in March 2024, a 11.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 34
+33.3%
2 106113
+6.6%
3 178199
+11.8%
4 122136
+11.5%
5+ 3339
+18.2%

Summary: The Sunrise Manor housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
97122+25.8%

Asking Price vs. Sold Price

45 Homes Were Sold
Under Asking

41 Homes Were Sold
At Asking

36 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sunrise Manor, you may be able to get a good deal. 36.9% of homes here sold below asking price last month.

Summary: A total of 122 homes were sold or pending in Sunrise Manor in March 2024, up by 25.8% month-over-month. Of the 122 sold homes, 37% were sold under asking, 34% were sold at asking, and 30% were sold over asking.

Days on Market for Sunrise Manor, NV

How long does it take to sell a home in Sunrise Manor, NV?

Average Sale Time

Mar 2023Mar 2024CHANGE
51 Days28 Days-44.9%

Summary: Homes in Sunrise Manor had an average of 28 days on market in Mar 2024, down by 44.9% compared to last year.

Breakdown of Home Sale Times

88 Homes Were Sold
Under 30 Days

26 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sunrise Manor are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 122 homes were sold in Sunrise Manor; 72% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% 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 27 Days Ago

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