Is 89113, 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, 89113 has remained a Seller's Market.
Key Takeaway
89113 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89113, NV
How much do homes in 89113, NV cost?
Median Sold Price
$490,408
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 89113 have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in 89113 was $490,408 in April 2024, up 1.2% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $214.9K | +4.8% |
| 2 Bedrooms | $285K | $285.5K | 0.2% |
| 3 Bedrooms | $482.4K | $451.2K | -6.5% |
| 4 Bedrooms | $530.9K | $562.5K | +5.9% |
| 5+ Bedrooms | $591K | $668K | +13.0% |
Summary: 89113 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 0.2%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 13%.
Housing Supply in 89113, NV
How many homes are available in 89113, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 173 | 194 | +12.1% |
Summary: The 89113 real estate market had 194 homes for sale in April 2024, a 12.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 15 | +36.4% |
| 2 Bedrooms | 42 | 48 | +14.3% |
| 3 Bedrooms | 62 | 68 | +9.7% |
| 4 Bedrooms | 42 | 39 | -7.1% |
| 5+ Bedrooms | 16 | 24 | +50.0% |
Summary: The 89113 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 36.4%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 40 | 50 | +25.0% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89113, you may be able to get a good deal. 68% of homes here sold below asking price last month.
Summary: A total of 50 homes were sold or pending in 89113 in April 2024, up by 25.0% month-over-month. Of the 50 sold homes, 68% were sold under asking, 16% were sold at asking, and 16% were sold over asking.
Days on Market for 89113, NV
How long does it take to sell a home in 89113, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 55 Days | 38 Days | -31.1% |
Summary: Homes in 89113 had an average of 38 days on market in Apr 2024, down by 31.1% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89113 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 50 homes were sold in 89113; 58% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 16% 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.