$5,759 Closing Credit*
$485,000
2,149 SqFt
4 Beds
•2 Full Baths
Shari A. Springer, Listing Office: Silver Dome Realty
Is Eldorado Highlands, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Eldorado Highlands has remained a Seller's Market.
Key Takeaway
Eldorado Highlands is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eldorado Highlands, NV
How much do homes in Eldorado Highlands, NV cost?
Median Sold Price
$456,500
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,000(+6.5%)
Key Takeaway
Homes in Eldorado Highlands have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Eldorado Highlands was $456,500 in October 2024, up 6.5% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $335K | $330K | -1.5% |
| 3 Bedrooms | $390K | $410K | +5.1% |
| 4 Bedrooms | $470K | $499.9K | +6.4% |
| 5+ Bedrooms | $552.5K | $590K | +6.8% |
Summary: Eldorado Highlands 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 decreased by 1.5%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 6.8%.
Housing Supply in Eldorado Highlands, NV
How many homes are available in Eldorado Highlands, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 42 | +13.5% |
Summary: The Eldorado Highlands real estate market had 42 homes for sale in October 2024, a 13.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The Eldorado Highlands 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 increased by 7.7%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eldorado Highlands, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Eldorado Highlands in October 2024, up by 50.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.
Days on Market for Eldorado Highlands, NV
How long does it take to sell a home in Eldorado Highlands, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 38 Days | -10.9% |
Summary: Homes in Eldorado Highlands had an average of 38 days on market in Oct 2024, down by 10.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eldorado Highlands are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Eldorado Highlands; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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.