Is 89123, 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, 89123 has remained a Seller's Market.
Housing Prices in 89123, NV
How much do homes in 89123, NV cost?
Median Sold Price
$416,214
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 89123 was $416,214 in April 2024, down 2.1% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $221K | $222K | 0.5% |
2 Bedrooms | $308K | $310K | +0.6% |
3 Bedrooms | $429.9K | $423.3K | -1.5% |
4 Bedrooms | $515K | $510K | -1.0% |
5+ Bedrooms | $635K | $655K | +3.1% |
Summary: 89123 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 3.1%.
Housing Supply in 89123, NV
How many homes are available in 89123, NV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
240 | 274 | +14.2% |
Summary: The 89123 real estate market had 274 homes for sale in April 2024, a 14.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 22 | +37.5% |
2 Bedrooms | 63 | 68 | +7.9% |
3 Bedrooms | 80 | 93 | +16.3% |
4 Bedrooms | 59 | 62 | +5.1% |
5+ Bedrooms | 22 | 29 | +31.8% |
Summary: The 89123 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 31.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 | 69 | +19.0% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 69 homes were sold or pending in 89123 in April 2024, up by 19.0% month-over-month. Of the 69 sold homes, 49% were sold under asking, 23% were sold at asking, and 28% were sold over asking.
Days on Market for 89123, NV
How long does it take to sell a home in 89123, NV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 28 Days | -49.7% |
Summary: Homes in 89123 had an average of 28 days on market in Apr 2024, down by 49.7% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 69 homes were sold in 89123; 68% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.