Is Wishing Well Ranch / Frontier Rancho, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wishing Well Ranch / Frontier Rancho is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Wishing Well Ranch / Frontier Rancho has remained a Seller's Market.

Key Takeaway

Wishing Well Ranch / Frontier Rancho is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Wishing Well Ranch / Frontier Rancho, NV

How much do homes in Wishing Well Ranch / Frontier Rancho, NV cost?

Median Sold Price

$490,000

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,000(+5.4%)

Key Takeaway

Homes in Wishing Well Ranch / Frontier Rancho have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Wishing Well Ranch / Frontier Rancho was $490,000 in November 2024, up 5.4% from last year, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $310K$339.5K
+9.5%
3 $453K$451.9K
-0.2%
4 $490K$593K
+21.0%
5+ $530K$620K
+17.0%

Summary: Wishing Well Ranch / Frontier Rancho 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 9.5%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 21%, and 5+ bedroom homes increased by 17%.

Housing Supply in Wishing Well Ranch / Frontier Rancho, NV

How many homes are available in Wishing Well Ranch / Frontier Rancho, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
36360.0%

Summary: The Wishing Well Ranch / Frontier Rancho real estate market had 36 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 2023
+15.0%
4 117
-36.4%
5+ 33
0.0%

Summary: The Wishing Well Ranch / Frontier Rancho 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 increased by 15%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

6 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 Wishing Well Ranch / Frontier Rancho, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Wishing Well Ranch / Frontier Rancho in November 2024, down by 12.5% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.

Days on Market for Wishing Well Ranch / Frontier Rancho, NV

How long does it take to sell a home in Wishing Well Ranch / Frontier Rancho, NV?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days32 Days-8.3%

Summary: Homes in Wishing Well Ranch / Frontier Rancho had an average of 32 days on market in Nov 2024, down by 8.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wishing Well Ranch / Frontier Rancho are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in Wishing Well Ranch / Frontier Rancho; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

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