$4,928 Closing Credit*
$415,000
1,532 SqFt
4 Beds
•2 Full Baths
Jonathan Jacobs, Listing Office: Simply Vegas
Is 89103, 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, 89103 was a Seller's Market.
Key Takeaway
89103 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 89103, NV
How much do homes in 89103, NV cost?
Median Sold Price
$274,466
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,466(+5.6%)
Key Takeaway
Homes in 89103 have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in 89103 was $274,466 in November 2024, up 5.6% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $171K | $195K | +14.0% |
| 2 Bedrooms | $234.5K | $240K | +2.3% |
| 3 Bedrooms | $371.9K | $383.7K | +3.2% |
| 4 Bedrooms | $432.5K | $464.2K | +7.3% |
| 5+ Bedrooms | $485K | $533.5K | +10.0% |
Summary: 89103 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 10%.
Housing Supply in 89103, NV
How many homes are available in 89103, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 241 | 249 | +3.3% |
Summary: The 89103 real estate market had 249 homes for sale in November 2024, a 3.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 41 | 47 | +14.6% |
| 2 Bedrooms | 124 | 129 | +4.0% |
| 3 Bedrooms | 41 | 40 | -2.4% |
| 4 Bedrooms | 32 | 29 | -9.4% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 89103 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.6%, 2 bedroom homes increased by 4%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 31 | -24.4% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 89103, you may be able to get a good deal. 67.7% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in 89103 in November 2024, down by 24.4% month-over-month. Of the 31 sold homes, 68% were sold under asking, 29% were sold at asking, and 3% were sold over asking.
Days on Market for 89103, NV
How long does it take to sell a home in 89103, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 56 Days | +94.2% |
Summary: Homes in 89103 had an average of 56 days on market in Nov 2024, up by 94.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89103 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 31 homes were sold in 89103; 52% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 19% 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.