$4,691 Closing Credit*
$395,000
1,368 SqFt
3 Beds
•1 Full Bath, 1 Partial
Michael Parks, Listing Office: Las Vegas Housing Experts LLC
Is 89108, 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, 89108 was a Seller's Market.
Key Takeaway
89108 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 89108, NV
How much do homes in 89108, NV cost?
Median Sold Price
$355,000
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$28,002(+8.6%)
Key Takeaway
Homes in 89108 have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in 89108 was $355,000 in November 2024, up 8.6% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $163.2K | $169.9K | +4.1% |
| 2 Bedrooms | $222K | $225K | +1.4% |
| 3 Bedrooms | $340K | $370K | +8.8% |
| 4 Bedrooms | $395K | $414K | +4.8% |
| 5+ Bedrooms | $450K | $516.5K | +14.8% |
Summary: 89108 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 14.8%.
Housing Supply in 89108, NV
How many homes are available in 89108, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 276 | 268 | -2.9% |
Summary: The 89108 real estate market had 268 homes for sale in November 2024, a 2.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 11 | -8.3% |
| 2 Bedrooms | 83 | 83 | 0.0% |
| 3 Bedrooms | 120 | 114 | -5.0% |
| 4 Bedrooms | 53 | 49 | -7.5% |
| 5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The 89108 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 | 42 | -35.4% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89108, expect to pay close to the asking price. 38.1% of homes here sold near the asking price last month.
Summary: A total of 42 homes were sold or pending in 89108 in November 2024, down by 35.4% month-over-month. Of the 42 sold homes, 36% were sold under asking, 38% were sold at asking, and 26% were sold over asking.
Days on Market for 89108, NV
How long does it take to sell a home in 89108, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 30 Days | +57.3% |
Summary: Homes in 89108 had an average of 30 days on market in Nov 2024, up by 57.3% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89108 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 42 homes were sold in 89108; 67% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% 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.