$10,000 Closing Credit*
$1,250,000
2,442 SqFt
4 Beds
•2 Full Baths, 1 Partial
Alexis Tenner, Listing Office: Urban Nest Realty
Is Desert Shores, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Desert Shores was a Seller's Market.
Key Takeaway
Desert Shores is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Desert Shores, NV
How much do homes in Desert Shores, NV cost?
Median Sold Price
$432,000
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,000(+4.1%)
Key Takeaway
Homes in Desert Shores have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Desert Shores was $432,000 in October 2024, up 4.1% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182K | $188.5K | +3.6% |
| 2 Bedrooms | $230K | $240K | +4.3% |
| 3 Bedrooms | $455K | $458.9K | +0.9% |
| 4 Bedrooms | $565K | $558.5K | -1.2% |
| 5+ Bedrooms | $587.5K | $842.5K | +43.4% |
Summary: Desert Shores housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 43.4%.
Housing Supply in Desert Shores, NV
How many homes are available in Desert Shores, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 68 | 81 | +19.1% |
Summary: The Desert Shores real estate market had 81 homes for sale in October 2024, a 19.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 23 | 23 | 0.0% |
| 3 Bedrooms | 22 | 27 | +22.7% |
| 4 Bedrooms | 18 | 23 | +27.8% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Desert Shores housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 7 | -58.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Desert Shores, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Desert Shores in October 2024, down by 58.8% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Desert Shores, NV
How long does it take to sell a home in Desert Shores, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 22 Days | -17.3% |
Summary: Homes in Desert Shores had an average of 22 days on market in Oct 2024, down by 17.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Desert Shores are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Desert Shores; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% 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.