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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Silverado Ranch is a seller's market

Buyer's
Market

Difference Since November 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

$415,800

$263/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,795(+6.1%)

Key Takeaway

Homes in Silverado Ranch have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in Silverado Ranch was $415,800 in November 2024, up 6.1% from last year, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $210K$210K
0.0%
2 $324.9K$326K
0.3%
3 $385K$410K
+6.5%
4 $470K$500K
+6.4%
5+ $574K$630K
+9.8%

Summary: Silverado Ranch housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 9.8%.

Housing Supply in Silverado Ranch, NV

How many homes are available in Silverado Ranch, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
197199+1.0%

Summary: The Silverado Ranch real estate market had 199 homes for sale in November 2024, a 1.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 66
0.0%
2 3637
+2.8%
3 8282
0.0%
4 4745
-4.3%
5+ 2629
+11.5%

Summary: The Silverado Ranch housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2.8%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 11.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4144+7.3%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Silverado Ranch, you may be able to get a good deal. 61.4% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in Silverado Ranch in November 2024, up by 7.3% month-over-month. Of the 44 sold homes, 61% were sold under asking, 20% were sold at asking, and 18% 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

Nov 2023Nov 2024CHANGE
18 Days40 Days+118.7%

Summary: Homes in Silverado Ranch had an average of 40 days on market in Nov 2024, up by 118.7% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 44 homes were sold in Silverado Ranch; 48% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 16% 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 3 Days Ago

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