$3,503 Closing Credit*
$295,000
1,284 SqFt
2 Beds
•2 Baths
Leslie S. Carver, Listing Office: BHHS Nevada Properties
Is Braewood Heritage / Heritage Square South, 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, Braewood Heritage / Heritage Square South was a Seller's Market.
Key Takeaway
Braewood Heritage / Heritage Square South is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Braewood Heritage / Heritage Square South, NV
How much do homes in Braewood Heritage / Heritage Square South, NV cost?
Median Sold Price
$355,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,000(+9.2%)
Key Takeaway
Homes in Braewood Heritage / Heritage Square South have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Braewood Heritage / Heritage Square South was $355,000 in November 2024, up 9.2% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $179.5K | -12.4% |
| 2 Bedrooms | $277.5K | $300K | +8.1% |
| 3 Bedrooms | $331.7K | $357.9K | +7.9% |
| 4 Bedrooms | $403K | $435K | +7.9% |
| 5+ Bedrooms | $500K | $682.5K | +36.5% |
Summary: Braewood Heritage / Heritage Square South housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.4%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 36.5%.
Housing Supply in Braewood Heritage / Heritage Square South, NV
How many homes are available in Braewood Heritage / Heritage Square South, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 113 | 118 | +4.4% |
Summary: The Braewood Heritage / Heritage Square South real estate market had 118 homes for sale in November 2024, a 4.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 22 | 28 | +27.3% |
| 3 Bedrooms | 59 | 59 | 0.0% |
| 4 Bedrooms | 23 | 23 | 0.0% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Braewood Heritage / Heritage Square South 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 27.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 14 | -33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Braewood Heritage / Heritage Square South, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Braewood Heritage / Heritage Square South in November 2024, down by 33.3% month-over-month. Of the 14 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Braewood Heritage / Heritage Square South, NV
How long does it take to sell a home in Braewood Heritage / Heritage Square South, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 31 Days | +48.5% |
Summary: Homes in Braewood Heritage / Heritage Square South had an average of 31 days on market in Nov 2024, up by 48.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Braewood Heritage / Heritage Square South are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Braewood Heritage / Heritage Square South; 64% of homes were sold within 30 days, 29% 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.