Is Seven Hills, 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, Seven Hills was a Neutral Market.
Housing Prices in Seven Hills, NV
How much do homes in Seven Hills, NV cost?
Median Sold Price
$691,375
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Seven Hills was $691,375 in April 2024, up 6.4% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | $255.7K | +19.0% |
2 Bedrooms | $436K | $295.5K | -32.2% |
3 Bedrooms | $590K | $552.5K | -6.4% |
4 Bedrooms | $686.4K | $775K | +12.9% |
5+ Bedrooms | $1.8M | $1.0M | -41.2% |
Summary: Seven Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes decreased by 32.2%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes decreased by 41.2%.
Housing Supply in Seven Hills, NV
How many homes are available in Seven Hills, NV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 49 | +4.3% |
Summary: The Seven Hills real estate market had 49 homes for sale in April 2024, a 4.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 13 | 10 | -23.1% |
4 Bedrooms | 16 | 18 | +12.5% |
5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Seven Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 23.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 9 | -30.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Seven Hills in April 2024, down by 30.8% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for Seven Hills, NV
How long does it take to sell a home in Seven Hills, NV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 13 Days | -66.2% |
Summary: Homes in Seven Hills had an average of 13 days on market in Apr 2024, down by 66.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Seven Hills; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.