Is Canyon Gate, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Canyon Gate is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Canyon Gate was a Seller's Market.

Key Takeaway

Canyon Gate is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Canyon Gate, NV

How much do homes in Canyon Gate, NV cost?

Median Sold Price

$475,000

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$33,500(+7.6%)

Key Takeaway

Homes in Canyon Gate have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Canyon Gate was $475,000 in October 2024, up 7.6% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $199.9K$185K
-7.5%
2 $237.5K$250K
+5.3%
3 $488K$590K
+20.9%
4 $703.5K$1.0M
+48.9%
5+ $1.4M$1.5M
+6.8%

Summary: Canyon Gate housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.5%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 20.9%, 4 bedroom homes increased by 48.9%, and 5+ bedroom homes increased by 6.8%.

Housing Supply in Canyon Gate, NV

How many homes are available in Canyon Gate, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4239-7.1%

Summary: The Canyon Gate real estate market had 39 homes for sale in October 2024, a 7.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1614
-12.5%
3 99
0.0%
4 1110
-9.1%
5+ 44
0.0%

Summary: The Canyon Gate housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Canyon Gate, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Canyon Gate in October 2024, down by 55.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Canyon Gate, NV

How long does it take to sell a home in Canyon Gate, NV?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days21 Days-4.0%

Summary: Homes in Canyon Gate had an average of 21 days on market in Oct 2024, down by 4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Canyon Gate are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Canyon Gate; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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