Is 89104, 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, 89104 has remained a Seller's Market.
Key Takeaway
89104 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89104, NV
How much do homes in 89104, NV cost?
Median Sold Price
$360,000
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 89104 have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in 89104 was $360,000 in March 2024, up 3.1% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | - | N/A |
| 2 Bedrooms | $215K | $215K | 0.0% |
| 3 Bedrooms | $350K | $361.7K | +3.4% |
| 4 Bedrooms | $370K | $385K | +4.1% |
| 5+ Bedrooms | $410K | $422.5K | +3.0% |
Summary: 89104 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 3%.
Housing Supply in 89104, NV
How many homes are available in 89104, NV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 97 | 87 | -10.3% |
Summary: The 89104 real estate market had 87 homes for sale in March 2024, a 10.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 16 | -5.9% |
| 3 Bedrooms | 38 | 35 | -7.9% |
| 4 Bedrooms | 31 | 29 | -6.5% |
| 5+ Bedrooms | 11 | 7 | -36.4% |
Summary: The 89104 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.9%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 36.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 24 | -11.1% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 89104, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 89104 in March 2024, down by 11.1% month-over-month. Of the 24 sold homes, 63% were sold under asking, 33% were sold at asking, and 4% were sold over asking.
Days on Market for 89104, NV
How long does it take to sell a home in 89104, NV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 37 Days | 44 Days | +18.3% |
Summary: Homes in 89104 had an average of 44 days on market in Mar 2024, up by 18.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89104 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 24 homes were sold in 89104; 46% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 17% 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.