Is 89106, 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, 89106 has remained a Seller's Market.
Housing Prices in 89106, NV
How much do homes in 89106, NV cost?
Median Sold Price
$329,998
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 89106 was $329,998 in March 2024, down 10.2% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | $168.4K | -8.9% |
2 Bedrooms | $260.5K | $272.5K | +4.6% |
3 Bedrooms | $350K | $320K | -8.6% |
4 Bedrooms | $447.9K | $370.5K | -17.3% |
5+ Bedrooms | $585K | $440K | -24.8% |
Summary: 89106 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.9%, 2 bedroom homes increased by 4.6%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 17.3%, and 5+ bedroom homes decreased by 24.8%.
Housing Supply in 89106, NV
How many homes are available in 89106, NV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
99 | 102 | +3.0% |
Summary: The 89106 real estate market had 102 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 | 0 | 0 | 0.0% |
2 Bedrooms | 18 | 17 | -5.6% |
3 Bedrooms | 46 | 53 | +15.2% |
4 Bedrooms | 26 | 24 | -7.7% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 89106 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 5.6%, 3 bedroom homes increased by 15.2%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 33 | +73.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 89106 in March 2024, up by 73.7% month-over-month. Of the 33 sold homes, 30% were sold under asking, 39% were sold at asking, and 30% were sold over asking.
Days on Market for 89106, NV
How long does it take to sell a home in 89106, NV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
72 Days | 42 Days | -41.2% |
Summary: Homes in 89106 had an average of 42 days on market in Mar 2024, down by 41.2% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 33 homes were sold in 89106; 52% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.