Is Green Valley, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Green Valley is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Green Valley has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Green Valley, NV

How much do homes in Green Valley, NV cost?

Median Sold Price

$463,970

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$26,470(+6.1%)

Key Takeaway

Homes in Green Valley have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in Green Valley was $463,970 in May 2024, up 6.1% from last year, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $210K$220K
+4.8%
2 $310K$323.5K
+4.4%
3 $425K$435K
+2.4%
4 $575K$615K
+7.0%
5+ $606K$800K
+32.0%

Summary: Green Valley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 32%.

Housing Supply in Green Valley, NV

How many homes are available in Green Valley, NV?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1691690.0%

Summary: The Green Valley real estate market had 169 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 42
-50.0%
2 2721
-22.2%
3 6769
+3.0%
4 4642
-8.7%
5+ 2535
+40.0%

Summary: The Green Valley housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Apr 2024May 2024CHANGE
5938-35.6%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Green Valley, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in Green Valley in May 2024, down by 35.6% month-over-month. Of the 38 sold homes, 50% were sold under asking, 26% were sold at asking, and 24% were sold over asking.

Days on Market for Green Valley, NV

How long does it take to sell a home in Green Valley, NV?

Average Sale Time

May 2023May 2024CHANGE
33 Days27 Days-16.2%

Summary: Homes in Green Valley had an average of 27 days on market in May 2024, down by 16.2% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Green Valley are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 38 homes were sold in Green Valley; 61% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 8% 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 1 Day Ago

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