Is Brookspark, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookspark is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Brookspark was a Seller's Market.

Key Takeaway

Brookspark 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 Brookspark, NV

How much do homes in Brookspark, NV cost?

Median Sold Price

$325,000

$231/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,000(+12.1%)

Key Takeaway

Homes in Brookspark have sold for 12.1% more than they did a year ago.

Summary: The median home sold price in Brookspark was $325,000 in October 2024, up 12.1% from last year, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $148K$140K
-5.4%
2 $237.5K$240K
+1.1%
3 $287.5K$313K
+8.9%
4 $337.5K$341K
+1.0%
5+ $315K$378K
+20.0%

Summary: Brookspark housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 20%.

Median Sold Price Compared To Nearby Neighborhoods

Valley View Estates
+28.5%
Brookspark
+12.1%
West Las Vegas
+7.7%

Housing Supply in Brookspark, NV

How many homes are available in Brookspark, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2125+19.0%

Summary: The Brookspark real estate market had 25 homes for sale in October 2024, a 19.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1113
+18.2%
4 910
+11.1%
5+ 11
0.0%

Summary: The Brookspark housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brookspark, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Brookspark in October 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.

Days on Market for Brookspark, NV

How long does it take to sell a home in Brookspark, NV?

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days20 Days+78.3%

Summary: Homes in Brookspark had an average of 20 days on market in Oct 2024, up by 78.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brookspark are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Brookspark; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Brookspark, NV

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