Is 89084, 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, 89084 has remained a Seller's Market.
Key Takeaway
89084 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89084, NV
How much do homes in 89084, NV cost?
Median Sold Price
$420,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 89084 have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in 89084 was $420,000 in March 2024, down 2.4% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $226K | $220K | -2.7% |
| 2 Bedrooms | $348K | $345K | -0.9% |
| 3 Bedrooms | $408.6K | $390K | -4.6% |
| 4 Bedrooms | $462K | $470K | +1.7% |
| 5+ Bedrooms | $567.5K | $592.5K | +4.4% |
Summary: 89084 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.7%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 4.4%.
Housing Supply in 89084, NV
How many homes are available in 89084, NV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 231 | 238 | +3.0% |
Summary: The 89084 real estate market had 238 homes for sale in March 2024, a 3.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 29 | 28 | -3.4% |
| 3 Bedrooms | 90 | 107 | +18.9% |
| 4 Bedrooms | 74 | 62 | -16.2% |
| 5+ Bedrooms | 37 | 41 | +10.8% |
Summary: The 89084 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 18.9%, 4 bedroom homes decreased by 16.2%, and 5+ bedroom homes increased by 10.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 66 | 56 | -15.2% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89084, you may be able to get a good deal. 39.3% of homes here sold below asking price last month.
Summary: A total of 56 homes were sold or pending in 89084 in March 2024, down by 15.2% month-over-month. Of the 56 sold homes, 39% were sold under asking, 38% were sold at asking, and 23% were sold over asking.
Days on Market for 89084, NV
How long does it take to sell a home in 89084, NV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 52 Days | 28 Days | -45.1% |
Summary: Homes in 89084 had an average of 28 days on market in Mar 2024, down by 45.1% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89084 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 56 homes were sold in 89084; 75% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 5% 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.