Is 89143, 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, 89143 has remained a Seller's Market.
Key Takeaway
89143 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89143, NV
How much do homes in 89143, NV cost?
Median Sold Price
$452,500
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 89143 have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in 89143 was $452,500 in April 2024, down 2.9% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $339K | $390K | +15.0% |
| 3 Bedrooms | $405K | $400K | -1.2% |
| 4 Bedrooms | $490K | $510.7K | +4.2% |
| 5+ Bedrooms | $590K | $670K | +13.6% |
Summary: 89143 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 13.6%.
Housing Supply in 89143, NV
How many homes are available in 89143, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 60 | 70 | +16.7% |
Summary: The 89143 real estate market had 70 homes for sale in April 2024, a 16.7% increase 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 | 4 | 6 | +50.0% |
| 3 Bedrooms | 24 | 31 | +29.2% |
| 4 Bedrooms | 25 | 20 | -20.0% |
| 5+ Bedrooms | 7 | 13 | +85.7% |
Summary: The 89143 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 50%, 3 bedroom homes increased by 29.2%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 85.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 12 | -40.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89143, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 89143 in April 2024, down by 40.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for 89143, NV
How long does it take to sell a home in 89143, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 48 Days | 21 Days | -55.0% |
Summary: Homes in 89143 had an average of 21 days on market in Apr 2024, down by 55% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 89143 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in 89143; 75% of homes were sold within 30 days, 17% 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.