Is Centennial Hills, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Centennial Hills has remained a Seller's Market.
Housing Prices in Centennial Hills, NV
How much do homes in Centennial Hills, NV cost?
Median Sold Price
$442,973
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Centennial Hills was $442,973 in June 2024, up 4.2% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | $205K | -4.7% |
2 Bedrooms | $300K | $305.1K | +1.7% |
3 Bedrooms | $399.7K | $414.6K | +3.7% |
4 Bedrooms | $510.2K | $519.5K | +1.8% |
5+ Bedrooms | $650K | $688.7K | +6.0% |
Summary: Centennial Hills housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 6%.
Housing Supply in Centennial Hills, NV
How many homes are available in Centennial Hills, NV?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
1,148 | 1,157 | +0.8% |
Summary: The Centennial Hills real estate market had 1,157 homes for sale in June 2024, a 0.8% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 135 | 113 | -16.3% |
3 Bedrooms | 492 | 515 | +4.7% |
4 Bedrooms | 371 | 378 | +1.9% |
5+ Bedrooms | 145 | 145 | 0.0% |
Summary: The Centennial Hills housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 16.3%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
342 | 288 | -15.8% |
Asking Price vs. Sold Price
121 Homes Were Sold
Under Asking
92 Homes Were Sold
At Asking
75 Homes Were Sold
Over Asking
Summary: A total of 288 homes were sold or pending in Centennial Hills in June 2024, down by 15.8% month-over-month. Of the 288 sold homes, 42% were sold under asking, 32% were sold at asking, and 26% were sold over asking.
Days on Market for Centennial Hills, NV
How long does it take to sell a home in Centennial Hills, NV?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
38 Days | 25 Days | -33.9% |
Summary: Homes in Centennial Hills had an average of 25 days on market in Jun 2024, down by 33.9% compared to last year.
Breakdown of Home Sale Times
214 Homes Were Sold
Under 30 Days
61 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During June 2024, 288 homes were sold in Centennial Hills; 74% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.