Is Desert Inn Estates, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Desert Inn Estates is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Desert Inn Estates has remained a Seller's Market.

Key Takeaway

Desert Inn Estates is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Desert Inn Estates, NV

How much do homes in Desert Inn Estates, NV cost?

Median Sold Price

$290,000

$274/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$638,800(-68.8%)

Key Takeaway

Homes in Desert Inn Estates have sold for 68.8% less than they did a month ago.

Summary: The median home sold price in Desert Inn Estates was $290,000 in September 2024, down 68.8% from last month, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 -$290K
N/A
4 $928.8K-
N/A
5+ --
N/A

Summary: Desert Inn Estates housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Desert Inn Estates, NV

How many homes are available in Desert Inn Estates, NV?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
23+50.0%

Summary: The Desert Inn Estates real estate market had 3 homes for sale in September 2024, a 50.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 11
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Desert Inn Estates housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Desert Inn Estates, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Desert Inn Estates in September 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Desert Inn Estates, NV

How long does it take to sell a home in Desert Inn Estates, NV?

Average Sale Time

Aug 2024Sep 2024CHANGE
100 Days52 Days-48.0%

Summary: Homes in Desert Inn Estates had an average of 52 days on market in Sep 2024, down by 48% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Desert Inn Estates has remained consistent over time.

Summary: During September 2024, 1 homes were sold in Desert Inn Estates; 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 Sep 1, 2024

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