Is 89145, 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, 89145 has remained a Seller's Market.
Key Takeaway
89145 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89145, NV
How much do homes in 89145, NV cost?
Median Sold Price
$366,875
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 89145 have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in 89145 was $366,875 in April 2024, up 5.5% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $183.7K | +11.4% |
| 2 Bedrooms | $260K | $256.1K | -1.5% |
| 3 Bedrooms | $385K | $394K | +2.3% |
| 4 Bedrooms | $460K | $472.5K | +2.7% |
| 5+ Bedrooms | $595K | $739.9K | +24.4% |
Summary: 89145 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.4%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 24.4%.
Housing Supply in 89145, NV
How many homes are available in 89145, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 126 | 150 | +19.0% |
Summary: The 89145 real estate market had 150 homes for sale in April 2024, a 19.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 8 | +100.0% |
| 2 Bedrooms | 43 | 48 | +11.6% |
| 3 Bedrooms | 49 | 56 | +14.3% |
| 4 Bedrooms | 22 | 26 | +18.2% |
| 5+ Bedrooms | 8 | 12 | +50.0% |
Summary: The 89145 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 35 | 38 | +8.6% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89145, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in 89145 in April 2024, up by 8.6% month-over-month. Of the 38 sold homes, 58% were sold under asking, 18% were sold at asking, and 24% were sold over asking.
Days on Market for 89145, NV
How long does it take to sell a home in 89145, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 43 Days | 23 Days | -44.9% |
Summary: Homes in 89145 had an average of 23 days on market in Apr 2024, down by 44.9% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 89145 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 38 homes were sold in 89145; 76% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 3% 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.