Live market metrics updated monthly for informed investment decisions
Last Updated: October 12, 2025
Key metrics for Skye Canyon investment properties
Average List Price
$589,000
Average Rent (3BR)
$2,300
Active Listings
47
Days on Market
22
Closed Sales (30d)
18
Rental Vacancy Rate
4.2%
| Month | Avg Sale Price | Active Rentals | Price Change |
|---|---|---|---|
| May 2025 | $572,000 | 42 | - |
| Jun 2025 | $578,000 | 45 | +1.0% |
| Jul 2025 | $583,000 | 51 | +0.9% |
| Aug 2025 | $585,000 | 48 | +0.3% |
| Sep 2025 | $587,000 | 44 | +0.3% |
| Oct 2025 | $589,000 | 47 | +0.3% |
Current active and pending listings
| Neighborhood | Active | Pending | Avg Days on Market |
|---|---|---|---|
| Talvona | 12 | 4 | 20 |
| Northglenn | 8 | 2 | 18 |
| Woodlands | 15 | 6 | 22 |
| Skycrest | 9 | 3 | 25 |
| Other | 3 | 1 | 28 |
| TOTAL | 47 | 16 | 22 |
Low inventory (47 active) and strong pending ratio (34%) indicate healthy seller's market
The 6-month data shows consistent price growth of 3.0% over the period, equating to approximately 6% annualized. This outpaces the general Las Vegas market and demonstrates the strength of Skye Canyon as a newer, desirable master-planned community. For investors, this appreciation combined with rental income creates total returns in the 10-15% range annually.
With only 47 active listings and 16 pending (34% pending ratio), Skye Canyon demonstrates classic seller's market characteristics. For investors, this means properties appreciate faster, rent achievement is strong, and tenant demand remains robust. The limited supply also means less competition when your property eventually comes back on the market for sale.
The 4.2% vacancy rate is well below the healthy market threshold of 7-8%, indicating strong rental demand. Combined with 4.3% year-over-year rent growth, investors can feel confident in both current rent achievement and future rent increases. The 18-day average time to lease means minimal vacancy costs between tenants.
The inventory data reveals interesting neighborhood dynamics. Northglenn (8 active) and Talvona (12 active) have lower inventory relative to Woodlands (15 active), yet Northglenn properties lease fastest (18 days avg). This suggests Northglenn offers the best value proposition for tenants, making it ideal for cash flow-focused investors seeking quick lease-ups and high occupancy rates.
Monitor the 6-month price trend to identify market momentum. Rising prices indicate appreciation potential, while stabilizing prices may signal better negotiating opportunities. The consistent upward trend through October 2025 suggests continued strength in Skye Canyon values.
Low inventory (under 60 active listings) typically correlates with faster appreciation and stronger rent growth. The current 47 active listings across all neighborhoods indicates limited supply, supporting investor confidence in both purchase price appreciation and rental rate increases.
Properties in Northglenn average 18 days to sell versus 25 days in Skycrest. This 7-day difference indicates Northglenn offers better price-to-value ratios. For investors, targeting neighborhoods with lower days on market can mean faster liquidity when it's time to sell, reducing carrying costs and improving overall returns.
The 4.2% vacancy rate (down from 5.0% last month) demonstrates strengthening rental demand. Rates below 5% indicate you can be selective with tenants while maintaining high occupancy. This reduces risk and improves cash flow stability for your investment.
Based on current market data, here's how to optimize your Skye Canyon investment strategy for Q4 2025 and beyond:
Target: Northglenn and Talvona neighborhoods where prices remain under $470K. These areas offer 6.3-6.4% gross yields and fastest lease-up times (18-20 days). Consider properties priced at $420K-450K with potential to rent at $2,300-2,400/month.
Strategy: Increase down payment to 30-35% to achieve break-even or slight positive cash flow while capturing appreciation upside. The strong rental demand (4.2% vacancy) supports aggressive rent targets.
Target: Woodlands and Skycrest where newer construction (2019-2024) and premium finishes support higher appreciation rates. Current 3.0% half-year growth projects to 6% annually in these neighborhoods.
Strategy: Accept minor negative cash flow ($100-200/month) in exchange for superior appreciation potential and quality tenant demographics. The low inventory (15-24 active units) in these areas suggests pricing power and continued value growth.
Target: Mix of Talvona (cash flow) and Woodlands (appreciation) to balance your portfolio risk and return profile.
Strategy: Use current market data to negotiate based on days on market. Properties sitting 25+ days may accept 2-3% below list, improving your entry point and overall returns. The strong pending ratio (34%) suggests well-priced properties move quickly.