$425,000
0.53 Acres
Land
Denise M. Gubler, Listing Office: Signature Real Estate Group
Is Lake Las Vegas, 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, Lake Las Vegas has remained a Buyer's Market.
Key Takeaway
Lake Las Vegas is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lake Las Vegas, NV
How much do homes in Lake Las Vegas, NV cost?
Median Sold Price
$645,000
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,525(+4.1%)
Key Takeaway
Homes in Lake Las Vegas have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Lake Las Vegas was $645,000 in October 2024, up 4.1% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $241K | -9.1% |
| 2 Bedrooms | $450K | $495K | +10.0% |
| 3 Bedrooms | $600K | $610K | +1.7% |
| 4 Bedrooms | $1.2M | $1.1M | -11.9% |
| 5+ Bedrooms | $1.6M | $2.4M | +48.4% |
Summary: Lake Las Vegas housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes increased by 48.4%.
Housing Supply in Lake Las Vegas, NV
How many homes are available in Lake Las Vegas, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 182 | 202 | +11.0% |
Summary: The Lake Las Vegas real estate market had 202 homes for sale in October 2024, a 11.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 38 | 42 | +10.5% |
| 3 Bedrooms | 92 | 98 | +6.5% |
| 4 Bedrooms | 37 | 47 | +27.0% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Lake Las Vegas housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 27%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 15 | -37.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lake Las Vegas, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Lake Las Vegas in October 2024, down by 37.5% month-over-month. Of the 15 sold homes, 67% were sold under asking, 7% were sold at asking, and 27% were sold over asking.
Days on Market for Lake Las Vegas, NV
How long does it take to sell a home in Lake Las Vegas, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 80 Days | 55 Days | -31.1% |
Summary: Homes in Lake Las Vegas had an average of 55 days on market in Oct 2024, down by 31.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lake Las Vegas has remained consistent over time.
Summary: During October 2024, 15 homes were sold in Lake Las Vegas; 27% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 27% 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.