$8,134 Closing Credit*
$684,999
3,468 SqFt
Blake Leavitt, Listing Office: Keller Williams MarketPlace
Is 89115, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 89115 has remained a Seller's Market.
Key Takeaway
89115 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89115, NV
How much do homes in 89115, NV cost?
Median Sold Price
$333,166
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,166(+7.5%)
Key Takeaway
Homes in 89115 have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in 89115 was $333,166 in October 2024, up 7.5% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $134K | +3.1% |
| 2 Bedrooms | $192.5K | $193.7K | +0.6% |
| 3 Bedrooms | $310K | $335K | +8.1% |
| 4 Bedrooms | $334.9K | $357K | +6.6% |
| 5+ Bedrooms | $359K | $427.5K | +19.1% |
Summary: 89115 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 19.1%.
Housing Supply in 89115, NV
How many homes are available in 89115, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 115 | 124 | +7.8% |
Summary: The 89115 real estate market had 124 homes for sale in October 2024, a 7.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 29 | 28 | -3.4% |
| 3 Bedrooms | 56 | 68 | +21.4% |
| 4 Bedrooms | 26 | 26 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 89115 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 21.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 26 | -3.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89115, expect to pay close to the asking price. 38.5% of homes here sold near the asking price last month.
Summary: A total of 26 homes were sold or pending in 89115 in October 2024, down by 3.7% month-over-month. Of the 26 sold homes, 35% were sold under asking, 38% were sold at asking, and 27% were sold over asking.
Days on Market for 89115, NV
How long does it take to sell a home in 89115, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 35 Days | +19.3% |
Summary: Homes in 89115 had an average of 35 days on market in Oct 2024, up by 19.3% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89115 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 26 homes were sold in 89115; 77% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% 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.