Is Seven Hills, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seven Hills is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Seven Hills has remained a Seller's Market.

Key Takeaway

Seven Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Seven Hills, NV

How much do homes in Seven Hills, NV cost?

Median Sold Price

$670,000

$310/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$8,950(-1.3%)

Key Takeaway

Homes in Seven Hills have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in Seven Hills was $670,000 in December 2024, down 1.3% from last year, and the median price per square foot was $310.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $224.5K$245K
+9.1%
2 $335K$296K
-11.6%
3 $552.5K$557.5K
+0.9%
4 $741K$766K
+3.4%
5+ $1.0M$1.0M
+9.4%

Summary: Seven Hills housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes decreased by 11.6%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 9.4%.

Median Sold Price Compared To Nearby Neighborhoods

Avalon at Seven Hills
-0.6%
Seven Hills
-1.3%

Housing Supply in Seven Hills, NV

How many homes are available in Seven Hills, NV?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5054+8.0%

Summary: The Seven Hills real estate market had 54 homes for sale in December 2024, a 8.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 44
0.0%
2 23
+50.0%
3 1716
-5.9%
4 1718
+5.9%
5+ 1013
+30.0%

Summary: The Seven Hills housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 30%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seven 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 Seven Hills in December 2024, up by 42.9% month-over-month. Of the 10 sold homes, 90% were sold under asking, 10% were sold at asking, and 0% were sold over asking.

Days on Market for Seven Hills, NV

How long does it take to sell a home in Seven Hills, NV?

Average Sale Time

Dec 2023Dec 2024CHANGE
40 Days66 Days+63.3%

Summary: Homes in Seven Hills had an average of 66 days on market in Dec 2024, up by 63.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Seven Hills are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 10 homes were sold in Seven Hills; 50% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Seven Hills, NV

Nearby Markets to Seven Hills, NV