$7,303 Closing Credit*
$615,000
2,080 SqFt
4 Beds
•2 Full Baths, 1 Partial
Kevyn Morelos Ruelas, Listing Office: Huntington & Ellis, A Real Est
Is 89117, 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, 89117 was a Seller's Market.
Key Takeaway
89117 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 89117, NV
How much do homes in 89117, NV cost?
Median Sold Price
$513,950
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$63,950(+14.2%)
Key Takeaway
Homes in 89117 have sold for 14.2% more than they did a year ago.
Summary: The median home sold price in 89117 was $513,950 in November 2024, up 14.2% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $196K | $190K | -3.1% |
| 2 Bedrooms | $255K | $265K | +3.9% |
| 3 Bedrooms | $435K | $480K | +10.3% |
| 4 Bedrooms | $575K | $649K | +12.9% |
| 5+ Bedrooms | $944K | $1.0M | +16.3% |
Summary: 89117 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 16.3%.
Housing Supply in 89117, NV
How many homes are available in 89117, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 248 | 266 | +7.3% |
Summary: The 89117 real estate market had 266 homes for sale in November 2024, a 7.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 43 | 47 | +9.3% |
| 3 Bedrooms | 82 | 85 | +3.7% |
| 4 Bedrooms | 80 | 81 | +1.3% |
| 5+ Bedrooms | 38 | 48 | +26.3% |
Summary: The 89117 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 26.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 42 | +10.5% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89117, you may be able to get a good deal. 81% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in 89117 in November 2024, up by 10.5% month-over-month. Of the 42 sold homes, 81% were sold under asking, 12% were sold at asking, and 7% were sold over asking.
Days on Market for 89117, NV
How long does it take to sell a home in 89117, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 37 Days | +93.9% |
Summary: Homes in 89117 had an average of 37 days on market in Nov 2024, up by 93.9% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89117 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 42 homes were sold in 89117; 55% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 7% 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.