Is The Willows, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Willows is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, The Willows was a Buyer's Market.

Key Takeaway

The Willows is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in The Willows, NV

How much do homes in The Willows, NV cost?

Median Sold Price

$590,000

$323/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$80,000(+15.7%)

Key Takeaway

Homes in The Willows have sold for 15.7% more than they did a year ago.

Summary: The median home sold price in The Willows was $590,000 in September 2024, up 15.7% from last year, and the median price per square foot was $323.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $495K$535K
+8.1%
3 $469.9K$517.5K
+10.1%
4 $735K$730K
-0.7%
5+ $1.3M$1.2M
-5.8%

Summary: The Willows housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 5.8%.

Housing Supply in The Willows, NV

How many homes are available in The Willows, NV?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3739+5.4%

Summary: The The Willows real estate market had 39 homes for sale in September 2024, a 5.4% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1720
+17.6%
4 1111
0.0%
5+ 98
-11.1%

Summary: The The Willows housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Willows, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in The Willows in September 2024, down by 25.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for The Willows, NV

How long does it take to sell a home in The Willows, NV?

Average Sale Time

Sep 2023Sep 2024CHANGE
7 Days23 Days+208.9%

Summary: Homes in The Willows had an average of 23 days on market in Sep 2024, up by 208.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 6 homes were sold in The Willows; 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 30 Days Ago

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