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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whitney Ranch is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Whitney Ranch has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Whitney Ranch, NV

How much do homes in Whitney Ranch, NV cost?

Median Sold Price

$455,000

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,775(+3.8%)

Key Takeaway

Homes in Whitney Ranch have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Whitney Ranch was $455,000 in November 2024, up 3.8% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $205K$210K
+2.4%
2 $277.5K$267.2K
-3.7%
3 $416.8K$435K
+4.4%
4 $455K$452K
-0.7%
5+ $554.5K$558K
+0.6%

Summary: Whitney Ranch housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 0.6%.

Housing Supply in Whitney Ranch, NV

How many homes are available in Whitney Ranch, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2017-15.0%

Summary: The Whitney Ranch real estate market had 17 homes for sale in November 2024, a 15.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 12
+100.0%
3 77
0.0%
4 96
-33.3%
5+ 00
0.0%

Summary: The Whitney Ranch housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whitney Ranch, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Whitney Ranch in November 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Whitney Ranch, NV

How long does it take to sell a home in Whitney Ranch, NV?

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days60 Days+406.3%

Summary: Homes in Whitney Ranch had an average of 60 days on market in Nov 2024, up by 406.3% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Whitney Ranch has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Whitney Ranch; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

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