Is 89014, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 89014 has remained a Seller's Market.
Housing Prices in 89014, NV
How much do homes in 89014, NV cost?
Median Sold Price
$414,100
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 89014 was $414,100 in March 2024, down 1.4% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $202.5K | $200K | -1.2% |
2 Bedrooms | $261K | $260K | -0.4% |
3 Bedrooms | $420K | $415K | -1.2% |
4 Bedrooms | $510K | $530K | +3.9% |
5+ Bedrooms | $615K | $570K | -7.3% |
Summary: 89014 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 7.3%.
Housing Supply in 89014, NV
How many homes are available in 89014, NV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
112 | 134 | +19.6% |
Summary: The 89014 real estate market had 134 homes for sale in March 2024, a 19.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 29 | 31 | +6.9% |
3 Bedrooms | 44 | 56 | +27.3% |
4 Bedrooms | 24 | 31 | +29.2% |
5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The 89014 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 32 | +28.0% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in 89014 in March 2024, up by 28.0% month-over-month. Of the 32 sold homes, 56% were sold under asking, 31% were sold at asking, and 13% were sold over asking.
Days on Market for 89014, NV
How long does it take to sell a home in 89014, NV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
40 Days | 25 Days | -37.5% |
Summary: Homes in 89014 had an average of 25 days on market in Mar 2024, down by 37.5% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 32 homes were sold in 89014; 69% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.