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 October 2023

Since last year, 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

$313,500

$266/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,500(+3.5%)

Key Takeaway

Homes in Desert Inn Estates have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in Desert Inn Estates was $313,500 in October 2024, up 3.5% from last year, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $299K$305K
+2.0%
4 $320K$649.4K
+102.9%
5+ -$310K
N/A

Summary: Desert Inn Estates 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 did not change, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 102.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Sunrise Manor
+8.4%
Desert Inn Estates
+3.5%

Housing Supply in Desert Inn Estates, NV

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
43-25.0%

Summary: The Desert Inn Estates real estate market had 3 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 10
-100.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Desert Inn Estates 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 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 October 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

Oct 2023Oct 2024CHANGE
94 Days17 Days-81.9%

Summary: Homes in Desert Inn Estates had an average of 17 days on market in Oct 2024, down by 81.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Desert Inn Estates are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Desert Inn Estates; 100% of homes were sold within 30 days, 0% 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 23 Days Ago

Newest Listings in Desert Inn Estates, NV

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