Is Silverado Ranch, 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, Silverado Ranch has remained a Seller's Market.
Housing Prices in Silverado Ranch, NV
How much do homes in Silverado Ranch, NV cost?
Median Sold Price
$400,000
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Silverado Ranch was $400,000 in April 2024, down 0.3% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | $212K | +1.0% |
2 Bedrooms | $335K | $325K | -3.0% |
3 Bedrooms | $395K | $400K | +1.3% |
4 Bedrooms | $485K | $474.9K | -2.1% |
5+ Bedrooms | $589.9K | $571.2K | -3.2% |
Summary: Silverado Ranch housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 3.2%.
Housing Supply in Silverado Ranch, NV
How many homes are available in Silverado Ranch, NV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
151 | 177 | +17.2% |
Summary: The Silverado Ranch real estate market had 177 homes for sale in April 2024, a 17.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 9 | +28.6% |
2 Bedrooms | 29 | 30 | +3.4% |
3 Bedrooms | 65 | 75 | +15.4% |
4 Bedrooms | 36 | 41 | +13.9% |
5+ Bedrooms | 14 | 22 | +57.1% |
Summary: The Silverado Ranch housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 57.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 60 | +62.2% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 60 homes were sold or pending in Silverado Ranch in April 2024, up by 62.2% month-over-month. Of the 60 sold homes, 38% were sold under asking, 25% were sold at asking, and 37% were sold over asking.
Days on Market for Silverado Ranch, NV
How long does it take to sell a home in Silverado Ranch, NV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 25 Days | -35.2% |
Summary: Homes in Silverado Ranch had an average of 25 days on market in Apr 2024, down by 35.2% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 60 homes were sold in Silverado Ranch; 77% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.