Is 89119, 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, 89119 has remained a Seller's Market.
Housing Prices in 89119, NV
How much do homes in 89119, NV cost?
Median Sold Price
$230,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 89119 was $230,000 in March 2024, down 1.9% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | $133K | +6.4% |
2 Bedrooms | $207.5K | $200K | -3.6% |
3 Bedrooms | $370K | $368K | -0.5% |
4 Bedrooms | $419.9K | $428K | +1.9% |
5+ Bedrooms | $512.5K | $460K | -10.2% |
Summary: 89119 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 10.2%.
Housing Supply in 89119, NV
How many homes are available in 89119, NV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
113 | 122 | +8.0% |
Summary: The 89119 real estate market had 122 homes for sale in March 2024, a 8.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 12 | 0.0% |
2 Bedrooms | 58 | 64 | +10.3% |
3 Bedrooms | 23 | 27 | +17.4% |
4 Bedrooms | 14 | 12 | -14.3% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 89119 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 increased by 10.3%, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 23 | +4.5% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 89119 in March 2024, up by 4.5% month-over-month. Of the 23 sold homes, 74% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for 89119, NV
How long does it take to sell a home in 89119, NV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
34 Days | 43 Days | +25.8% |
Summary: Homes in 89119 had an average of 43 days on market in Mar 2024, up by 25.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in 89119; 61% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.