Is 89044, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 89044 has remained a Seller's Market.
Key Takeaway
89044 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89044, NV
How much do homes in 89044, NV cost?
Median Sold Price
$510,551
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 89044 have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in 89044 was $510,551 in April 2024, down 1.3% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $320K | $300K | -6.3% |
| 2 Bedrooms | $458.5K | $449.5K | -2.0% |
| 3 Bedrooms | $470K | $483.2K | +2.8% |
| 4 Bedrooms | $635K | $660K | +3.9% |
| 5+ Bedrooms | $745K | $710K | -4.7% |
Summary: 89044 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 4.7%.
Housing Supply in 89044, NV
How many homes are available in 89044, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 182 | 196 | +7.7% |
Summary: The 89044 real estate market had 196 homes for sale in April 2024, a 7.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 46 | 43 | -6.5% |
| 3 Bedrooms | 92 | 98 | +6.5% |
| 4 Bedrooms | 33 | 38 | +15.2% |
| 5+ Bedrooms | 11 | 17 | +54.5% |
Summary: The 89044 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 54.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 51 | 68 | +33.3% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89044, you may be able to get a good deal. 55.9% of homes here sold below asking price last month.
Summary: A total of 68 homes were sold or pending in 89044 in April 2024, up by 33.3% month-over-month. Of the 68 sold homes, 56% were sold under asking, 26% were sold at asking, and 18% were sold over asking.
Days on Market for 89044, NV
How long does it take to sell a home in 89044, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 51 Days | 30 Days | -41.5% |
Summary: Homes in 89044 had an average of 30 days on market in Apr 2024, down by 41.5% compared to last year.
Breakdown of Home Sale Times
50 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89044 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 68 homes were sold in 89044; 74% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed.