Is 89135, 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, 89135 has remained a Seller's Market.
Housing Prices in 89135, NV
How much do homes in 89135, NV cost?
Median Sold Price
$685,094
$323/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 89135 was $685,094 in March 2024, up 0.4% from last year, and the median price per square foot was $323.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $372K | $350K | -5.9% |
2 Bedrooms | $530K | $500K | -5.7% |
3 Bedrooms | $600K | $610K | +1.7% |
4 Bedrooms | $950K | $1.1M | +26.0% |
5+ Bedrooms | $1.7M | $2.1M | +21.7% |
Summary: 89135 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.9%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 26%, and 5+ bedroom homes increased by 21.7%.
Housing Supply in 89135, NV
How many homes are available in 89135, NV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
233 | 268 | +15.0% |
Summary: The 89135 real estate market had 268 homes for sale in March 2024, a 15.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 53 | 54 | +1.9% |
3 Bedrooms | 87 | 109 | +25.3% |
4 Bedrooms | 59 | 63 | +6.8% |
5+ Bedrooms | 33 | 40 | +21.2% |
Summary: The 89135 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 25.3%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 21.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
53 | 52 | -1.9% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in 89135 in March 2024, down by 1.9% month-over-month. Of the 52 sold homes, 67% were sold under asking, 19% were sold at asking, and 13% were sold over asking.
Days on Market for 89135, NV
How long does it take to sell a home in 89135, NV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 46 Days | -14.9% |
Summary: Homes in 89135 had an average of 46 days on market in Mar 2024, down by 14.9% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 52 homes were sold in 89135; 56% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.