$5,641 Closing Credit*
$475,000
1,720 SqFt
3 Beds
•2 Full Baths
Bonnie R. Jacobsen, Listing Office: Local 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 November 2023
Since last year, Paradise Hills has remained a Seller's 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
$536,999
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$46,999(+9.6%)
Key Takeaway
Homes in Paradise Hills have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Paradise Hills was $536,999 in November 2024, up 9.6% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $377.4K | $428K | +13.4% |
| 3 Bedrooms | $422.7K | $465K | +10.0% |
| 4 Bedrooms | $547.2K | $546K | -0.2% |
| 5+ Bedrooms | $630K | $670K | +6.3% |
Summary: Paradise Hills housing prices by bedroom type for November 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 10%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 6.3%.
Housing Supply in Paradise Hills, NV
How many homes are available in Paradise Hills, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 34 | -12.8% |
Summary: The Paradise Hills real estate market had 34 homes for sale in November 2024, a 12.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 14 | 10 | -28.6% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Paradise Hills housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Paradise Hills, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Paradise Hills in November 2024, down by 30.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 39 Days | +80.3% |
Summary: Homes in Paradise Hills had an average of 39 days on market in Nov 2024, up by 80.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Paradise Hills are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Paradise Hills; 57% of homes were sold within 30 days, 43% 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.