Is 89134, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 89134 has remained a Seller's Market.
Key Takeaway
89134 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89134, NV
How much do homes in 89134, NV cost?
Median Sold Price
$474,714
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 89134 have sold for 1% more than they did a year ago.
Summary: The median home sold price in 89134 was $474,714 in April 2024, up 1% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $365K | +21.7% |
| 2 Bedrooms | $407.2K | $414.2K | +1.7% |
| 3 Bedrooms | $600K | $612.5K | +2.1% |
| 4 Bedrooms | $701K | $715K | +2.0% |
| 5+ Bedrooms | $1.4M | $1.1M | -20.7% |
Summary: 89134 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.7%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 20.7%.
Housing Supply in 89134, NV
How many homes are available in 89134, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 251 | 247 | -1.6% |
Summary: The 89134 real estate market had 247 homes for sale in April 2024, a 1.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 141 | 149 | +5.7% |
| 3 Bedrooms | 59 | 59 | 0.0% |
| 4 Bedrooms | 30 | 24 | -20.0% |
| 5+ Bedrooms | 21 | 15 | -28.6% |
Summary: The 89134 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 78 | 87 | +11.5% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89134, you may be able to get a good deal. 57.5% of homes here sold below asking price last month.
Summary: A total of 87 homes were sold or pending in 89134 in April 2024, up by 11.5% month-over-month. Of the 87 sold homes, 57% were sold under asking, 22% were sold at asking, and 21% were sold over asking.
Days on Market for 89134, NV
How long does it take to sell a home in 89134, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 61 Days | 30 Days | -50.6% |
Summary: Homes in 89134 had an average of 30 days on market in Apr 2024, down by 50.6% compared to last year.
Breakdown of Home Sale Times
53 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89134 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 87 homes were sold in 89134; 61% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% 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.