Is Lake Las Vegas, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lake Las Vegas was a Seller's Market.
Housing Prices in Lake Las Vegas, NV
How much do homes in Lake Las Vegas, NV cost?
Median Sold Price
$645,000
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lake Las Vegas was $645,000 in April 2024, down 2.3% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $273.5K | $240K | -12.2% |
2 Bedrooms | $462.5K | $469K | +1.4% |
3 Bedrooms | $670K | $625K | -6.7% |
4 Bedrooms | $1.2M | $1.2M | -6.2% |
5+ Bedrooms | $1.6M | $1.5M | 0% |
Summary: Lake Las Vegas housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.2%, 2 bedroom homes increased by 1.4%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes did not change.
Housing Supply in Lake Las Vegas, NV
How many homes are available in Lake Las Vegas, NV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
157 | 165 | +5.1% |
Summary: The Lake Las Vegas real estate market had 165 homes for sale in April 2024, a 5.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 9 | +28.6% |
2 Bedrooms | 27 | 29 | +7.4% |
3 Bedrooms | 77 | 77 | 0.0% |
4 Bedrooms | 38 | 42 | +10.5% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Lake Las Vegas housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 7.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 25 | -7.4% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Lake Las Vegas in April 2024, down by 7.4% month-over-month. Of the 25 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Lake Las Vegas, NV
How long does it take to sell a home in Lake Las Vegas, NV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
90 Days | 70 Days | -21.9% |
Summary: Homes in Lake Las Vegas had an average of 70 days on market in Apr 2024, down by 21.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Lake Las Vegas; 40% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.