Is 89101, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 89101 was a Seller's Market.
Housing Prices in 89101, NV
How much do homes in 89101, NV cost?
Median Sold Price
$328,750
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 89101 was $328,750 in March 2024, up 0.2% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $330.9K | $315.4K | -4.7% |
2 Bedrooms | $410.5K | $335K | -18.4% |
3 Bedrooms | $314.2K | $321.5K | +2.3% |
4 Bedrooms | $334K | $340K | +1.8% |
5+ Bedrooms | $353K | $350.5K | -0.7% |
Summary: 89101 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes decreased by 18.4%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in 89101, NV
How many homes are available in 89101, NV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
92 | 106 | +15.2% |
Summary: The 89101 real estate market had 106 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 | 21 | 26 | +23.8% |
2 Bedrooms | 31 | 36 | +16.1% |
3 Bedrooms | 25 | 28 | +12.0% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 89101 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.8%, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 17 | +41.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 89101 in March 2024, up by 41.7% month-over-month. Of the 17 sold homes, 47% were sold under asking, 35% were sold at asking, and 18% were sold over asking.
Days on Market for 89101, NV
How long does it take to sell a home in 89101, NV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
66 Days | 29 Days | -55.4% |
Summary: Homes in 89101 had an average of 29 days on market in Mar 2024, down by 55.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in 89101; 59% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.