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.
Key Takeaway
Silverado Ranch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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
Key Takeaway
The sold price of homes in Silverado Ranch has remained the same since last year.
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
Key Takeaway
If you're buying a home in Silverado Ranch, you may be able to get a good deal. 38.3% of homes here sold below asking price last month.
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
Key Takeaway
Many homes in Silverado Ranch are selling fast, if you're buying plan to act quickly.
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.
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.