Is The Paseos, 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, The Paseos has remained a Seller's Market.
Key Takeaway
The Paseos is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Paseos, NV
How much do homes in The Paseos, NV cost?
Median Sold Price
$650,000
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in The Paseos have sold for 16.6% less than they did a year ago.
Summary: The median home sold price in The Paseos was $650,000 in April 2024, down 16.6% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $390K | $415K | +6.4% |
| 3 Bedrooms | $562.5K | $526.8K | -6.3% |
| 4 Bedrooms | $935K | $877.9K | -6.1% |
| 5+ Bedrooms | $1.0M | $1.2M | +19.6% |
Summary: The Paseos 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 6.4%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 19.6%.
Housing Supply in The Paseos, NV
How many homes are available in The Paseos, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 24 | +41.2% |
Summary: The The Paseos real estate market had 24 homes for sale in April 2024, a 41.2% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 8 | 13 | +62.5% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The The Paseos 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 increased by 100%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in The Paseos, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in The Paseos in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for The Paseos, NV
How long does it take to sell a home in The Paseos, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 51 Days | 8 Days | -83.0% |
Summary: Homes in The Paseos had an average of 8 days on market in Apr 2024, down by 83% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in The Paseos are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in The Paseos; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.