Is 89052, 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, 89052 has remained a Seller's Market.
Key Takeaway
89052 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89052, NV
How much do homes in 89052, NV cost?
Median Sold Price
$577,550
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 89052 have sold for 3.7% less than they did a year ago.
Summary: The median home sold price in 89052 was $577,550 in March 2024, down 3.7% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $252K | $227.5K | -9.7% |
| 2 Bedrooms | $449.5K | $428.6K | -4.7% |
| 3 Bedrooms | $572.3K | $579.3K | +1.2% |
| 4 Bedrooms | $679.9K | $720K | +5.9% |
| 5+ Bedrooms | $941K | $1.0M | +9.5% |
Summary: 89052 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.7%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 9.5%.
Housing Supply in 89052, NV
How many homes are available in 89052, NV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 297 | 342 | +15.2% |
Summary: The 89052 real estate market had 342 homes for sale in March 2024, a 15.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 92 | 90 | -2.2% |
| 3 Bedrooms | 87 | 111 | +27.6% |
| 4 Bedrooms | 69 | 79 | +14.5% |
| 5+ Bedrooms | 43 | 58 | +34.9% |
Summary: The 89052 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 27.6%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 34.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 73 | 89 | +21.9% |
Asking Price vs. Sold Price
56 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89052, you may be able to get a good deal. 62.9% of homes here sold below asking price last month.
Summary: A total of 89 homes were sold or pending in 89052 in March 2024, up by 21.9% month-over-month. Of the 89 sold homes, 63% were sold under asking, 17% were sold at asking, and 20% were sold over asking.
Days on Market for 89052, NV
How long does it take to sell a home in 89052, NV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 63 Days | 36 Days | -42.8% |
Summary: Homes in 89052 had an average of 36 days on market in Mar 2024, down by 42.8% compared to last year.
Breakdown of Home Sale Times
60 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89052 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 89 homes were sold in 89052; 67% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 12% 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.