$3,741 Closing Credit*
$315,000
615 SqFt
1 Full Bath
Ellie Shefler, Listing Office: Luxury Estates International
Is 89103, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 89103 was a Seller's Market.
Key Takeaway
89103 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 89103, NV
How much do homes in 89103, NV cost?
Median Sold Price
$269,750
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,750(+3.8%)
Key Takeaway
Homes in 89103 have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in 89103 was $269,750 in October 2024, up 3.8% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $171K | $189.5K | +10.8% |
| 2 Bedrooms | $230K | $240K | +4.3% |
| 3 Bedrooms | $368.8K | $382K | +3.6% |
| 4 Bedrooms | $427K | $460K | +7.7% |
| 5+ Bedrooms | $480K | $533.5K | +11.1% |
Summary: 89103 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.8%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 11.1%.
Housing Supply in 89103, NV
How many homes are available in 89103, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 231 | 258 | +11.7% |
Summary: The 89103 real estate market had 258 homes for sale in October 2024, a 11.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 41 | 45 | +9.8% |
| 2 Bedrooms | 112 | 135 | +20.5% |
| 3 Bedrooms | 40 | 42 | +5.0% |
| 4 Bedrooms | 33 | 31 | -6.1% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 89103 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.8%, 2 bedroom homes increased by 20.5%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 39 | +5.4% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89103, you may be able to get a good deal. 64.1% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in 89103 in October 2024, up by 5.4% month-over-month. Of the 39 sold homes, 64% were sold under asking, 21% were sold at asking, and 15% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 41 Days | +75.7% |
Summary: Homes in 89103 had an average of 41 days on market in Oct 2024, up by 75.7% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
5 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 October 2024, 39 homes were sold in 89103; 46% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 13% 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.