$3,562 Closing Credit*
$299,999
1,220 SqFt
3 Beds
•1 Full Bath, 1 Partial
Gumer Alvarez, Listing Office: Coldwell Banker Select Reno
Is Convention Regional Center, 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, Convention Regional Center was a Seller's Market.
Key Takeaway
Convention Regional Center is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Convention Regional Center, NV
How much do homes in Convention Regional Center, NV cost?
Median Sold Price
$255,000
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-1.9%)
Key Takeaway
Homes in Convention Regional Center have sold for 1.9% less than they did a year ago.
Summary: The median home sold price in Convention Regional Center was $255,000 in November 2024, down 1.9% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $163K | $173.9K | +6.7% |
| 2 Bedrooms | $250K | $255K | +2.0% |
| 3 Bedrooms | $302.4K | $322.4K | +6.6% |
| 4 Bedrooms | $436K | $470K | +7.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Convention Regional Center housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes did not change.
Housing Supply in Convention Regional Center, NV
How many homes are available in Convention Regional Center, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 29 | -3.3% |
Summary: The Convention Regional Center real estate market had 29 homes for sale in November 2024, a 3.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 8 | -27.3% |
| 2 Bedrooms | 15 | 18 | +20.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Convention Regional Center housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 27.3%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Convention Regional Center, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Convention Regional Center in November 2024, down by 62.5% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Convention Regional Center, NV
How long does it take to sell a home in Convention Regional Center, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 87 Days | 87 Days | -0.3% |
Summary: Homes in Convention Regional Center had an average of 87 days on market in Nov 2024, down by 0.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Convention Regional Center are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Convention Regional Center; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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