Is Weston Hills, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weston Hills is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Weston Hills has remained a Seller's Market.

Key Takeaway

Weston Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Weston Hills, NV

How much do homes in Weston Hills, NV cost?

Median Sold Price

$430,000

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$14,000(+3.4%)

Key Takeaway

Homes in Weston Hills have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in Weston Hills was $430,000 in May 2024, up 3.4% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 --
N/A
3 $410K$430K
+4.9%
4 $474.4K$417.5K
-12.0%
5+ $535K$529K
-1.1%

Summary: Weston Hills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 1.1%.

Median Sold Price Compared To Nearby Neighborhoods

Weston Hills
+3.4%
Tuscany
+1.8%
Cadence
+1.8%

Housing Supply in Weston Hills, NV

How many homes are available in Weston Hills, NV?

Number of Homes For Sale

Apr 2024May 2024CHANGE
117-36.4%

Summary: The Weston Hills real estate market had 7 homes for sale in May 2024, a 36.4% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 96
-33.3%
4 10
-100.0%
5+ 11
0.0%

Summary: The Weston Hills housing inventory by bedroom type for May 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 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Weston Hills, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Weston Hills in May 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Weston Hills, NV

How long does it take to sell a home in Weston Hills, NV?

Average Sale Time

May 2023May 2024CHANGE
40 Days25 Days-36.6%

Summary: Homes in Weston Hills had an average of 25 days on market in May 2024, down by 36.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Weston Hills are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 3 homes were sold in Weston Hills; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

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