$5,111 Closing Credit*
$430,387
1,500 SqFt
3 Beds
•2 Full Baths, 1 Partial
Frank J. Gargano, Listing Office: Real Estate Consultants of Nv
Is Cadence, 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, Cadence was a Buyer's Market.
Key Takeaway
Cadence is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cadence, NV
How much do homes in Cadence, NV cost?
Median Sold Price
$460,347
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,357(+4.4%)
Key Takeaway
Homes in Cadence have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Cadence was $460,347 in November 2024, up 4.4% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $372.9K | $392.5K | +5.2% |
| 3 Bedrooms | $435K | $454.9K | +4.6% |
| 4 Bedrooms | $487.4K | $486.2K | -0.3% |
| 5+ Bedrooms | $521.9K | $548.9K | +5.2% |
Summary: Cadence housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 5.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Valley View | $347K | $368K | +6.1% |
| Cadence | $440.9K | $460.3K | +4.4% |
| Weston Hills | $418K | $435K | +4.1% |
| Tuscany | $559K | $579.9K | +3.8% |
Housing Supply in Cadence, NV
How many homes are available in Cadence, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 184 | 157 | -14.7% |
Summary: The Cadence real estate market had 157 homes for sale in November 2024, a 14.7% decrease 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 | 25 | 24 | -4.0% |
| 3 Bedrooms | 128 | 106 | -17.2% |
| 4 Bedrooms | 21 | 21 | 0.0% |
| 5+ Bedrooms | 10 | 6 | -40.0% |
Summary: The Cadence 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 decreased by 4%, 3 bedroom homes decreased by 17.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 | 28 | -40.4% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cadence, you may be able to get a good deal. 60.7% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Cadence in November 2024, down by 40.4% month-over-month. Of the 28 sold homes, 61% were sold under asking, 25% were sold at asking, and 14% were sold over asking.
Days on Market for Cadence, NV
How long does it take to sell a home in Cadence, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 59 Days | +47.3% |
Summary: Homes in Cadence had an average of 59 days on market in Nov 2024, up by 47.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cadence has remained consistent over time.
Summary: During November 2024, 28 homes were sold in Cadence; 36% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 21% 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.