$9,488 Closing Credit*
$799,000
4,128 SqFt
4 Beds
•2 Full Baths
Donna R. Kelton, Listing Office: Century 21 Consolidated
Is River Mountain, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, River Mountain was a Buyer's Market.
Key Takeaway
River Mountain is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in River Mountain, NV
How much do homes in River Mountain, NV cost?
Median Sold Price
$450,000
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+4.7%)
Key Takeaway
Homes in River Mountain have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in River Mountain was $450,000 in November 2024, up 4.7% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $289K | $295K | +2.1% |
| 3 Bedrooms | $420K | $430K | +2.4% |
| 4 Bedrooms | $452.5K | $495K | +9.4% |
| 5+ Bedrooms | $547.5K | $525K | -4.1% |
Summary: River Mountain 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 2.1%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 4.1%.
Housing Supply in River Mountain, NV
How many homes are available in River Mountain, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 54 | -6.9% |
Summary: The River Mountain real estate market had 54 homes for sale in November 2024, a 6.9% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 36 | 31 | -13.9% |
| 4 Bedrooms | 15 | 17 | +13.3% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The River Mountain 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 increased by 100%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 8 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in River Mountain, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in River Mountain in November 2024, down by 50.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for River Mountain, NV
How long does it take to sell a home in River Mountain, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 8 Days | 23 Days | +180.3% |
Summary: Homes in River Mountain had an average of 23 days on market in Nov 2024, up by 180.3% compared to last year.
Breakdown of Home Sale Times
6 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 River Mountain are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in River Mountain; 75% of homes were sold within 30 days, 25% 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.