$3,680 Closing Credit*
$309,900
520 SqFt
1 Full Bath
Heidi L. Williams, Listing Office: THE Brokerage A RE Firm
Is The Signature at MGM Grand, 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, The Signature at MGM Grand was a Seller's Market.
Key Takeaway
The Signature at MGM Grand is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in The Signature at MGM Grand, NV
How much do homes in The Signature at MGM Grand, NV cost?
Median Sold Price
$440,000
$503/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$51,112(+13.1%)
Key Takeaway
Homes in The Signature at MGM Grand have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in The Signature at MGM Grand was $440,000 in November 2024, up 13.1% from last year, and the median price per square foot was $503.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $375K | $425.5K | +13.5% |
| 2 Bedrooms | $734.9K | $804K | +9.4% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: The Signature at MGM Grand housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes increased by 9.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in The Signature at MGM Grand, NV
How many homes are available in The Signature at MGM Grand, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 37 | +15.6% |
Summary: The The Signature at MGM Grand real estate market had 37 homes for sale in November 2024, a 15.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 24 | 29 | +20.8% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The The Signature at MGM Grand housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20.8%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 5 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Signature at MGM Grand, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in The Signature at MGM Grand in November 2024, up by 100.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for The Signature at MGM Grand, NV
How long does it take to sell a home in The Signature at MGM Grand, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 75 Days | +91.7% |
Summary: Homes in The Signature at MGM Grand had an average of 75 days on market in Nov 2024, up by 91.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in The Signature at MGM Grand has remained consistent over time.
Summary: During November 2024, 5 homes were sold in The Signature at MGM Grand; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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.