Is Cimarron Gowan, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cimarron Gowan is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Cimarron Gowan 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 Cimarron Gowan, NV

How much do homes in Cimarron Gowan, NV cost?

Median Sold Price

$450,000

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$53,000(+13.4%)

Key Takeaway

Homes in Cimarron Gowan have sold for 13.4% more than they did a year ago.

Summary: The median home sold price in Cimarron Gowan was $450,000 in October 2024, up 13.4% from last year, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $350K$360K
+2.9%
3 $380K$445K
+17.1%
4 $447K$485K
+8.5%
5+ $547K$506.5K
-7.4%

Summary: Cimarron Gowan housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 7.4%.

Median Sold Price Compared To Nearby Neighborhoods

Cimarron Gowan
+13.4%
Cimarron Village
-11.3%

Housing Supply in Cimarron Gowan, NV

How many homes are available in Cimarron Gowan, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1712-29.4%

Summary: The Cimarron Gowan real estate market had 12 homes for sale in October 2024, a 29.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 83
-62.5%
4 66
0.0%
5+ 32
-33.3%

Summary: The Cimarron Gowan 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 decreased by 62.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cimarron Gowan, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cimarron Gowan in October 2024, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Cimarron Gowan, NV

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

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days58 Days+74.6%

Summary: Homes in Cimarron Gowan had an average of 58 days on market in Oct 2024, up by 74.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cimarron Gowan has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Cimarron Gowan; 0% of homes were sold within 30 days, 100% 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 25 Days Ago

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