$4,750 Closing Credit*
$400,000
1,853 SqFt
3 Beds
•2 Full Baths, 1 Partial
Martin G. Fajardo, Listing Office: Innova Realty & Management
Is Centennial Hills, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Centennial Hills has remained a Seller's Market.
Key Takeaway
Centennial Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Centennial Hills, NV
How much do homes in Centennial Hills, NV cost?
Median Sold Price
$450,000
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,500(+5.3%)
Key Takeaway
Homes in Centennial Hills have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Centennial Hills was $450,000 in November 2024, up 5.3% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $209K | $217.4K | +4.0% |
| 2 Bedrooms | $295K | $314.5K | +6.6% |
| 3 Bedrooms | $399.5K | $420K | +5.1% |
| 4 Bedrooms | $501K | $541.1K | +8.0% |
| 5+ Bedrooms | $650K | $692.2K | +6.5% |
Summary: Centennial Hills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 6.5%.
Housing Supply in Centennial Hills, NV
How many homes are available in Centennial Hills, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,204 | 1,159 | -3.7% |
Summary: The Centennial Hills real estate market had 1,159 homes for sale in November 2024, a 3.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 119 | 124 | +4.2% |
| 3 Bedrooms | 532 | 499 | -6.2% |
| 4 Bedrooms | 388 | 386 | -0.5% |
| 5+ Bedrooms | 161 | 147 | -8.7% |
Summary: The Centennial Hills housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 8.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 265 | 207 | -21.9% |
Asking Price vs. Sold Price
99 Homes Were Sold
Under Asking
74 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Centennial Hills, you may be able to get a good deal. 47.8% of homes here sold below asking price last month.
Summary: A total of 207 homes were sold or pending in Centennial Hills in November 2024, down by 21.9% month-over-month. Of the 207 sold homes, 48% were sold under asking, 36% were sold at asking, and 16% were sold over asking.
Days on Market for Centennial Hills, NV
How long does it take to sell a home in Centennial Hills, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 28 Days | -13.1% |
Summary: Homes in Centennial Hills had an average of 28 days on market in Nov 2024, down by 13.1% compared to last year.
Breakdown of Home Sale Times
137 Homes Were Sold
Under 30 Days
60 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Centennial Hills are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 207 homes were sold in Centennial Hills; 66% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 5% 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.