$3,899,000
11,001 SqFt
8 Beds
•5 Full Baths, 3 Partial
Amber L. Bartholomew, Listing Office: Desert Sun Realty
Is Paradise Hills, 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, Paradise Hills was a Neutral Market.
Key Takeaway
Paradise Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Paradise Hills, NV
How much do homes in Paradise Hills, NV cost?
Median Sold Price
$540,000
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$55,000(+11.3%)
Key Takeaway
Homes in Paradise Hills have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in Paradise Hills was $540,000 in October 2024, up 11.3% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $377.4K | $428K | +13.4% |
| 3 Bedrooms | $423K | $460K | +8.7% |
| 4 Bedrooms | $522.5K | $557K | +6.6% |
| 5+ Bedrooms | $650K | $654.5K | +0.7% |
Summary: Paradise Hills 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 increased by 13.4%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 0.7%.
Housing Supply in Paradise Hills, NV
How many homes are available in Paradise Hills, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 39 | 0.0% |
Summary: The Paradise Hills real estate market had 39 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 15 | 12 | -20.0% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Paradise Hills 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 increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Paradise Hills, you may be able to get a good deal. 90% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Paradise Hills in October 2024, up by 25.0% month-over-month. Of the 10 sold homes, 90% were sold under asking, 0% were sold at asking, and 10% were sold over asking.
Days on Market for Paradise Hills, NV
How long does it take to sell a home in Paradise Hills, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 49 Days | +60.2% |
Summary: Homes in Paradise Hills had an average of 49 days on market in Oct 2024, up by 60.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Paradise Hills has remained consistent over time.
Summary: During October 2024, 10 homes were sold in Paradise Hills; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% 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.