Is Rancho Viejo, 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, Rancho Viejo has remained a Seller's Market.
Housing Prices in Rancho Viejo, NV
How much do homes in Rancho Viejo, NV cost?
Median Sold Price
$406,000
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rancho Viejo was $406,000 in April 2024, down 5% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $199.9K | $198K | -1.0% |
2 Bedrooms | $280.8K | $272.9K | -2.8% |
3 Bedrooms | $418K | $410K | -1.9% |
4 Bedrooms | $535K | $525K | -1.9% |
5+ Bedrooms | $675K | $620K | -8.1% |
Summary: Rancho Viejo housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 8.1%.
Housing Supply in Rancho Viejo, NV
How many homes are available in Rancho Viejo, NV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
133 | 132 | -0.8% |
Summary: The Rancho Viejo real estate market had 132 homes for sale in April 2024, a 0.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 6 | 0.0% |
2 Bedrooms | 36 | 33 | -8.3% |
3 Bedrooms | 50 | 55 | +10.0% |
4 Bedrooms | 22 | 23 | +4.5% |
5+ Bedrooms | 19 | 15 | -21.1% |
Summary: The Rancho Viejo 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 8.3%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 21.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 37 | -19.6% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in Rancho Viejo in April 2024, down by 19.6% month-over-month. Of the 37 sold homes, 68% were sold under asking, 16% were sold at asking, and 16% were sold over asking.
Days on Market for Rancho Viejo, NV
How long does it take to sell a home in Rancho Viejo, NV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 34 Days | -52.1% |
Summary: Homes in Rancho Viejo had an average of 34 days on market in Apr 2024, down by 52.1% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 37 homes were sold in Rancho Viejo; 68% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.