$4,631 Closing Credit*
$390,000
1,984 SqFt
3 Beds
•2 Full Baths
Michael F. Parra, Listing Office: General Realty Group Inc
Is 89107, 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, 89107 was a Seller's Market.
Key Takeaway
89107 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 89107, NV
How much do homes in 89107, NV cost?
Median Sold Price
$350,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,000(+9.4%)
Key Takeaway
Homes in 89107 have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in 89107 was $350,000 in November 2024, up 9.4% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $152.5K | $155K | +1.6% |
| 2 Bedrooms | $216K | $235.2K | +8.9% |
| 3 Bedrooms | $315.2K | $349.2K | +10.8% |
| 4 Bedrooms | $370K | $404.9K | +9.4% |
| 5+ Bedrooms | $408K | $450K | +10.3% |
Summary: 89107 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.6%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 10.3%.
Housing Supply in 89107, NV
How many homes are available in 89107, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 151 | 154 | +2.0% |
Summary: The 89107 real estate market had 154 homes for sale in November 2024, a 2.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 7 | -22.2% |
| 2 Bedrooms | 35 | 33 | -5.7% |
| 3 Bedrooms | 62 | 63 | +1.6% |
| 4 Bedrooms | 38 | 43 | +13.2% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 89107 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 25 | -13.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89107, you may be able to get a good deal. 48% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 89107 in November 2024, down by 13.8% month-over-month. Of the 25 sold homes, 48% were sold under asking, 24% were sold at asking, and 28% were sold over asking.
Days on Market for 89107, NV
How long does it take to sell a home in 89107, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 27 Days | -6.9% |
Summary: Homes in 89107 had an average of 27 days on market in Nov 2024, down by 6.9% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 89107 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 25 homes were sold in 89107; 68% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 4% 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.