Is Mountain's Edge, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Mountain's Edge has remained a Seller's Market.
Housing Prices in Mountain's Edge, NV
How much do homes in Mountain's Edge, NV cost?
Median Sold Price
$459,500
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mountain's Edge was $459,500 in May 2024, down 1.3% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $372.5K | $349.9K | -6.0% |
3 Bedrooms | $439K | $435K | -0.9% |
4 Bedrooms | $490K | $505.9K | +3.3% |
5+ Bedrooms | $585K | $595K | +1.7% |
Summary: Mountain's Edge housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 1.7%.
Housing Supply in Mountain's Edge, NV
How many homes are available in Mountain's Edge, NV?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
130 | 150 | +15.4% |
Summary: The Mountain's Edge real estate market had 150 homes for sale in May 2024, a 15.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 64 | 77 | +20.3% |
4 Bedrooms | 50 | 47 | -6.0% |
5+ Bedrooms | 9 | 21 | +133.3% |
Summary: The Mountain's Edge housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 20.3%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
44 | 51 | +15.9% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 51 homes were sold or pending in Mountain's Edge in May 2024, up by 15.9% month-over-month. Of the 51 sold homes, 39% were sold under asking, 24% were sold at asking, and 37% were sold over asking.
Days on Market for Mountain's Edge, NV
How long does it take to sell a home in Mountain's Edge, NV?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
48 Days | 19 Days | -60.0% |
Summary: Homes in Mountain's Edge had an average of 19 days on market in May 2024, down by 60% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 51 homes were sold in Mountain's Edge; 80% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.