Is Wishing Well Ranch / Frontier Rancho, 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, Wishing Well Ranch / Frontier Rancho has remained a Seller's Market.
Key Takeaway
Wishing Well Ranch / Frontier Rancho is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wishing Well Ranch / Frontier Rancho, NV
How much do homes in Wishing Well Ranch / Frontier Rancho, NV cost?
Median Sold Price
$470,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Wishing Well Ranch / Frontier Rancho have sold for 4.9% less than they did a year ago.
Summary: The median home sold price in Wishing Well Ranch / Frontier Rancho was $470,000 in April 2024, down 4.9% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $300K | $327.5K | +9.2% |
| 3 Bedrooms | $470.7K | $453.4K | -3.7% |
| 4 Bedrooms | $549.9K | $500K | -9.1% |
| 5+ Bedrooms | $597.5K | $525K | -12.1% |
Summary: Wishing Well Ranch / Frontier Rancho 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 9.2%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 12.1%.
Housing Supply in Wishing Well Ranch / Frontier Rancho, NV
How many homes are available in Wishing Well Ranch / Frontier Rancho, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 43 | 50 | +16.3% |
Summary: The Wishing Well Ranch / Frontier Rancho real estate market had 50 homes for sale in April 2024, a 16.3% 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 18 | 23 | +27.8% |
| 4 Bedrooms | 15 | 17 | +13.3% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Wishing Well Ranch / Frontier Rancho 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 decreased by 25%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wishing Well Ranch / Frontier Rancho, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Wishing Well Ranch / Frontier Rancho in April 2024, up by 9.1% month-over-month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Wishing Well Ranch / Frontier Rancho, NV
How long does it take to sell a home in Wishing Well Ranch / Frontier Rancho, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 49 Days | 30 Days | -37.6% |
Summary: Homes in Wishing Well Ranch / Frontier Rancho had an average of 30 days on market in Apr 2024, down by 37.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wishing Well Ranch / Frontier Rancho are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Wishing Well Ranch / Frontier Rancho; 58% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 0% 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.