Is Paradise Hills, 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, Paradise Hills has remained a Seller's Market.
Housing Prices in Paradise Hills, NV
How much do homes in Paradise Hills, NV cost?
Median Sold Price
$505,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Paradise Hills was $505,000 in April 2024, up 1% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $369.9K | $372.5K | +0.7% |
3 Bedrooms | $445K | $434.5K | -2.4% |
4 Bedrooms | $550K | $554.5K | +0.8% |
5+ Bedrooms | $725.1K | $627.5K | -13.5% |
Summary: Paradise Hills 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 0.7%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 13.5%.
Housing Supply in Paradise Hills, NV
How many homes are available in Paradise Hills, NV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 42 | -4.5% |
Summary: The Paradise Hills real estate market had 42 homes for sale in April 2024, a 4.5% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 18 | 14 | -22.2% |
4 Bedrooms | 15 | 18 | +20.0% |
5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Paradise Hills 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 remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 12 | -7.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Paradise Hills in April 2024, down by 7.7% month-over-month. Of the 12 sold homes, 58% were sold under asking, 33% were sold at asking, and 8% were sold over asking.
Days on Market for Paradise Hills, NV
How long does it take to sell a home in Paradise Hills, NV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 21 Days | -39.0% |
Summary: Homes in Paradise Hills had an average of 21 days on market in Apr 2024, down by 39% 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
Summary: During April 2024, 12 homes were sold in Paradise Hills; 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.