$3,150,000
4,225 SqFt
4 Beds
•4 Full Baths, 2 Partial
Michelle Sturge, Listing Office: Chase International-Damonte
Is 89511, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 89511 has remained a Seller's Market.
Key Takeaway
89511 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89511, NV
How much do homes in 89511, NV cost?
Median Sold Price
$1,100,000
$414/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since December 2023.
Key Takeaway
The sold price of homes in 89511 has remained the same since last year.
Summary: The median home sold price in 89511 was $1,100,000 in December 2024, the same as last year, and the median price per square foot was $414.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $209.2K | $205K | -2.0% |
| 2 Bedrooms | $442.5K | $431.5K | -2.5% |
| 3 Bedrooms | $903K | $862K | -4.5% |
| 4 Bedrooms | $1.3M | $1.3M | -1.3% |
| 5+ Bedrooms | $1.6M | $1.8M | +13.8% |
Summary: 89511 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 13.8%.
Median Sold Price Compared To Nearby Zip Codes
| 89509 | $648.6K | $721.7K | +11.3% |
| 89519 | $821.2K | $867.5K | +5.6% |
| 89523 | $608K | $630K | +3.6% |
| 89511 | $1.1M | $1.1M | 0.0% |
Housing Supply in 89511, NV
How many homes are available in 89511, NV?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 181 | 159 | -12.2% |
Summary: The 89511 real estate market had 159 homes for sale in December 2024, a 12.2% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 52 | 44 | -15.4% |
| 4 Bedrooms | 79 | 73 | -7.6% |
| 5+ Bedrooms | 36 | 30 | -16.7% |
Summary: The 89511 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 31 | 41 | +32.3% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89511, you may be able to get a good deal. 70.7% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in 89511 in December 2024, up by 32.3% month-over-month. Of the 41 sold homes, 71% were sold under asking, 15% were sold at asking, and 15% were sold over asking.
Days on Market for 89511, NV
How long does it take to sell a home in 89511, NV?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 136 Days | 81 Days | -40.2% |
Summary: Homes in 89511 had an average of 81 days on market in Dec 2024, down by 40.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 89511 has remained consistent over time.
Summary: During December 2024, 41 homes were sold in 89511; 10% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.
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