$4,156 Closing Credit*
$349,990
1,408 SqFt
3 Beds
•2 Full Baths, 1 Partial
Sasha Barbeau-Robletto, Listing Office: Simply Vegas
Is Rancho Viejo, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Rancho Viejo was a Seller's Market.
Key Takeaway
Rancho Viejo is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Rancho Viejo, NV
How much do homes in Rancho Viejo, NV cost?
Median Sold Price
$435,650
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$34,400(+8.6%)
Key Takeaway
Homes in Rancho Viejo have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Rancho Viejo was $435,650 in November 2024, up 8.6% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $209K | $197K | -5.7% |
| 2 Bedrooms | $270K | $278.5K | +3.2% |
| 3 Bedrooms | $410K | $425.5K | +3.8% |
| 4 Bedrooms | $510K | $575.3K | +12.8% |
| 5+ Bedrooms | $650K | $600K | -7.7% |
Summary: Rancho Viejo housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.7%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes decreased by 7.7%.
Housing Supply in Rancho Viejo, NV
How many homes are available in Rancho Viejo, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 140 | 162 | +15.7% |
Summary: The Rancho Viejo real estate market had 162 homes for sale in November 2024, a 15.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 11 | +57.1% |
| 2 Bedrooms | 35 | 45 | +28.6% |
| 3 Bedrooms | 45 | 52 | +15.6% |
| 4 Bedrooms | 27 | 25 | -7.4% |
| 5+ Bedrooms | 26 | 29 | +11.5% |
Summary: The Rancho Viejo housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 57.1%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 11.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 20 | -23.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rancho Viejo, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Rancho Viejo in November 2024, down by 23.1% month-over-month. Of the 20 sold homes, 80% were sold under asking, 15% were sold at asking, and 5% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 29 Days | +7.0% |
Summary: Homes in Rancho Viejo had an average of 29 days on market in Nov 2024, up by 7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rancho Viejo are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 20 homes were sold in Rancho Viejo; 55% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 0% 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.