Is Valle Grande Estate / Trophy Club, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Valle Grande Estate / Trophy Club is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Valle Grande Estate / Trophy Club has remained a Seller's Market.

Key Takeaway

Valle Grande Estate / Trophy Club is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Valle Grande Estate / Trophy Club, NV

How much do homes in Valle Grande Estate / Trophy Club, NV cost?

Median Sold Price

$499,750

$257/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$32,250(+6.9%)

Key Takeaway

Homes in Valle Grande Estate / Trophy Club have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Valle Grande Estate / Trophy Club was $499,750 in November 2024, up 6.9% from last year, and the median price per square foot was $257.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $341K$347.5K
+1.9%
3 $427K$465K
+8.9%
4 $512.2K$522.5K
+2.0%
5+ $644.9K$567.5K
-12.0%

Summary: Valle Grande Estate / Trophy Club 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 1.9%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 12%.

Median Sold Price Compared To Nearby Neighborhoods

Carousel Park
+18.8%
Valle Grande Estate / Trophy Club
+6.9%

Housing Supply in Valle Grande Estate / Trophy Club, NV

How many homes are available in Valle Grande Estate / Trophy Club, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3027-10.0%

Summary: The Valle Grande Estate / Trophy Club real estate market had 27 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1312
-7.7%
4 129
-25.0%
5+ 33
0.0%

Summary: The Valle Grande Estate / Trophy Club 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 50%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Valle Grande Estate / Trophy Club, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Valle Grande Estate / Trophy Club in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.

Days on Market for Valle Grande Estate / Trophy Club, NV

How long does it take to sell a home in Valle Grande Estate / Trophy Club, NV?

Average Sale Time

Nov 2023Nov 2024CHANGE
8 Days63 Days+666.5%

Summary: Homes in Valle Grande Estate / Trophy Club had an average of 63 days on market in Nov 2024, up by 666.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Valle Grande Estate / Trophy Club are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in Valle Grande Estate / Trophy Club; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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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