Is 89115, 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, 89115 has remained a Seller's Market.
Housing Prices in 89115, NV
How much do homes in 89115, NV cost?
Median Sold Price
$315,000
$216/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since March 2023.
Summary: The median home sold price in 89115 was $315,000 in March 2024, the same as last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $114.5K | $130K | +13.5% |
2 Bedrooms | $190K | $195K | +2.6% |
3 Bedrooms | $315K | $315K | 0.0% |
4 Bedrooms | $350K | $343.1K | -1.9% |
5+ Bedrooms | $407.5K | $368K | -9.7% |
Summary: 89115 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes increased by 2.6%, 3 bedroom homes did not change, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 9.7%.
Housing Supply in 89115, NV
How many homes are available in 89115, NV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
106 | 117 | +10.4% |
Summary: The 89115 real estate market had 117 homes for sale in March 2024, a 10.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 28 | 30 | +7.1% |
3 Bedrooms | 42 | 45 | +7.1% |
4 Bedrooms | 30 | 33 | +10.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 89115 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 26 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 89115 in March 2024, the same as the previous month. Of the 26 sold homes, 27% were sold under asking, 35% were sold at asking, and 38% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
59 Days | 20 Days | -65.5% |
Summary: Homes in 89115 had an average of 20 days on market in Mar 2024, down by 65.5% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in 89115; 85% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.