Is El Capitan Ranch, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing El Capitan Ranch is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, El Capitan Ranch was a Buyer's Market.

Key Takeaway

El Capitan Ranch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in El Capitan Ranch, NV

How much do homes in El Capitan Ranch, NV cost?

Median Sold Price

$476,000

$257/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$20,250(-4.1%)

Key Takeaway

Homes in El Capitan Ranch have sold for 4.1% less than they did a year ago.

Summary: The median home sold price in El Capitan Ranch was $476,000 in October 2024, down 4.1% from last year, and the median price per square foot was $257.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$417.5K
N/A
3 $410K$425K
+3.7%
4 $480K$522.5K
+8.9%
5+ $565K$770K
+36.3%

Summary: El Capitan Ranch housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 36.3%.

Housing Supply in El Capitan Ranch, NV

How many homes are available in El Capitan Ranch, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1817-5.6%

Summary: The El Capitan Ranch real estate market had 17 homes for sale in October 2024, a 5.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 44
0.0%
4 47
+75.0%
5+ 96
-33.3%

Summary: The El Capitan Ranch 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 75%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in El Capitan Ranch, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in El Capitan Ranch in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for El Capitan Ranch, NV

How long does it take to sell a home in El Capitan Ranch, NV?

Average Sale Time

Oct 2023Oct 2024CHANGE
4 Days28 Days+608.3%

Summary: Homes in El Capitan Ranch had an average of 28 days on market in Oct 2024, up by 608.3% compared to last year.

Breakdown of Home Sale Times

2 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 El Capitan Ranch are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in El Capitan Ranch; 67% of homes were sold within 30 days, 33% 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 25 Days Ago

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