Is 89115, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 89115 has remained a Seller's Market.
Housing Prices in 89115, NV
How much do homes in 89115, NV cost?
Median Sold Price
$315,400
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 89115 was $315,400 in February 2024, up 1.6% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $114K | $130K | +14.0% |
2 Bedrooms | $187.5K | $193.7K | +3.3% |
3 Bedrooms | $315K | $315K | 0.0% |
4 Bedrooms | $350K | $340K | -2.9% |
5+ Bedrooms | $390K | $368K | -5.6% |
Summary: 89115 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14%, 2 bedroom homes increased by 3.3%, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 5.6%.
Housing Supply in 89115, NV
How many homes are available in 89115, NV?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
90 | 106 | +17.8% |
Summary: The 89115 real estate market had 106 homes for sale in February 2024, a 17.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 27 | 28 | +3.7% |
3 Bedrooms | 35 | 43 | +22.9% |
4 Bedrooms | 23 | 29 | +26.1% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 89115 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 22.9%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
17 | 26 | +52.9% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 89115 in February 2024, up by 52.9% month-over-month. Of the 26 sold homes, 46% were sold under asking, 38% were sold at asking, and 15% were sold over asking.
Days on Market for 89115, NV
How long does it take to sell a home in 89115, NV?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
59 Days | 51 Days | -12.5% |
Summary: Homes in 89115 had an average of 51 days on market in Feb 2024, down by 12.5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 26 homes were sold in 89115; 58% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.