$22,900,000
14,005 SqFt
6 Beds
•4 Full Baths, 3 Partial
Richard J. Brenkus, Listing Office: Keller Williams MarketPlace
Is 89012, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 89012 was a Seller's Market.
Key Takeaway
89012 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 89012, NV
How much do homes in 89012, NV cost?
Median Sold Price
$535,000
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+4.9%)
Key Takeaway
Homes in 89012 have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in 89012 was $535,000 in November 2024, up 4.9% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $343.7K | $390K | +13.5% |
| 2 Bedrooms | $387K | $415K | +7.2% |
| 3 Bedrooms | $477.2K | $513K | +7.5% |
| 4 Bedrooms | $605K | $650K | +7.4% |
| 5+ Bedrooms | $835K | $1.1M | +40.6% |
Summary: 89012 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 40.6%.
Housing Supply in 89012, NV
How many homes are available in 89012, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 222 | 220 | -0.9% |
Summary: The 89012 real estate market had 220 homes for sale in November 2024, a 0.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 52 | 43 | -17.3% |
| 3 Bedrooms | 64 | 69 | +7.8% |
| 4 Bedrooms | 55 | 52 | -5.5% |
| 5+ Bedrooms | 51 | 56 | +9.8% |
Summary: The 89012 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 17.3%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 9.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 35 | -30.0% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89012, you may be able to get a good deal. 65.7% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in 89012 in November 2024, down by 30.0% month-over-month. Of the 35 sold homes, 66% were sold under asking, 23% were sold at asking, and 11% were sold over asking.
Days on Market for 89012, NV
How long does it take to sell a home in 89012, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 35 Days | -3.8% |
Summary: Homes in 89012 had an average of 35 days on market in Nov 2024, down by 3.8% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89012 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 35 homes were sold in 89012; 63% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 14% 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.