$450,000
1.86 Acres
Land
Billie J. Williams, Listing Office: iProperties International
Is 89005, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 89005 has remained a Seller's Market.
Key Takeaway
89005 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89005, NV
How much do homes in 89005, NV cost?
Median Sold Price
$436,000
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$14,000(-3.1%)
Key Takeaway
Homes in 89005 have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in 89005 was $436,000 in October 2024, down 3.1% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $300K | $284.4K | -5.2% |
| 3 Bedrooms | $450K | $470K | +4.4% |
| 4 Bedrooms | $570.7K | $558.2K | -2.2% |
| 5+ Bedrooms | $764.4K | $1.1M | +43.9% |
Summary: 89005 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.2%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 43.9%.
Housing Supply in 89005, NV
How many homes are available in 89005, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 74 | 76 | +2.7% |
Summary: The 89005 real estate market had 76 homes for sale in October 2024, a 2.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 24 | 25 | +4.2% |
| 3 Bedrooms | 27 | 25 | -7.4% |
| 4 Bedrooms | 15 | 20 | +33.3% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The 89005 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89005, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 89005 in October 2024, down by 23.5% month-over-month. Of the 13 sold homes, 69% were sold under asking, 15% were sold at asking, and 15% were sold over asking.
Days on Market for 89005, NV
How long does it take to sell a home in 89005, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 54 Days | +40.0% |
Summary: Homes in 89005 had an average of 54 days on market in Oct 2024, up by 40% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89005 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 89005; 62% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 23% 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.