Is 89109, 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, 89109 was a Seller's Market.
Housing Prices in 89109, NV
How much do homes in 89109, NV cost?
Median Sold Price
$487,000
$371/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 89109 was $487,000 in April 2024, up 11.8% from last year, and the median price per square foot was $371.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $347.5K | $375K | +7.9% |
2 Bedrooms | $590K | $595K | +0.8% |
3 Bedrooms | $935K | $800K | -14.4% |
4 Bedrooms | $1.0M | $2.1M | +95.3% |
5+ Bedrooms | $1.8M | $2.9M | +63.9% |
Summary: 89109 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes increased by 0.8%, 3 bedroom homes decreased by 14.4%, 4 bedroom homes increased by 95.3%, and 5+ bedroom homes increased by 63.9%.
Housing Supply in 89109, NV
How many homes are available in 89109, NV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
155 | 186 | +20.0% |
Summary: The 89109 real estate market had 186 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 47 | 54 | +14.9% |
2 Bedrooms | 75 | 91 | +21.3% |
3 Bedrooms | 26 | 32 | +23.1% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 89109 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.9%, 2 bedroom homes increased by 21.3%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 27 | +8.0% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 89109 in April 2024, up by 8.0% month-over-month. Of the 27 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.
Days on Market for 89109, NV
How long does it take to sell a home in 89109, NV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
76 Days | 34 Days | -55.2% |
Summary: Homes in 89109 had an average of 34 days on market in Apr 2024, down by 55.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in 89109; 59% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.