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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Skye Canyon is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Skye Canyon has remained a Seller's Market.

Key Takeaway

Skye Canyon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Skye Canyon, NV

How much do homes in Skye Canyon, NV cost?

Median Sold Price

$566,948

$250/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,603(+5.1%)

Key Takeaway

Homes in Skye Canyon have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Skye Canyon was $566,948 in November 2024, up 5.1% from last year, and the median price per square foot was $250.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $489K$615K
+25.8%
3 $518.9K$539.9K
+4.0%
4 $545K$595K
+9.2%
5+ $750K$820K
+9.3%

Summary: Skye Canyon 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 25.8%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 9.3%.

Median Sold Price Compared To Nearby Neighborhoods

Skye Canyon
+5.1%
Grand Canyon Village
+3.3%

Housing Supply in Skye Canyon, NV

How many homes are available in Skye Canyon, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
145129-11.0%

Summary: The Skye Canyon real estate market had 129 homes for sale in November 2024, a 11.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 66
0.0%
3 7370
-4.1%
4 4941
-16.3%
5+ 1712
-29.4%

Summary: The Skye Canyon 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 remained the same, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes decreased by 29.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3022-26.7%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Skye Canyon, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Skye Canyon in November 2024, down by 26.7% month-over-month. Of the 22 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% were sold over asking.

Days on Market for Skye Canyon, NV

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

Average Sale Time

Nov 2023Nov 2024CHANGE
47 Days73 Days+57.0%

Summary: Homes in Skye Canyon had an average of 73 days on market in Nov 2024, up by 57% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Skye Canyon has remained consistent over time.

Summary: During November 2024, 22 homes were sold in Skye Canyon; 27% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 36% 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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