$2,957 Closing Credit*
$249,000
1,038 SqFt
3 Beds
•2 Full Baths
Fadra Kay, Listing Office: First Serve Realty
Is South Shores, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, South Shores has remained a Seller's Market.
Key Takeaway
South Shores is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Shores, NV
How much do homes in South Shores, NV cost?
Median Sold Price
$465,000
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$30,000(-6.1%)
Key Takeaway
Homes in South Shores have sold for 6.1% less than they did a year ago.
Summary: The median home sold price in South Shores was $465,000 in September 2024, down 6.1% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182.4K | $185K | +1.4% |
| 2 Bedrooms | $215K | $229.5K | +6.7% |
| 3 Bedrooms | $432.4K | $454K | +5.0% |
| 4 Bedrooms | $515K | $546.5K | +6.1% |
| 5+ Bedrooms | $610K | $670K | +9.8% |
Summary: South Shores housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 9.8%.
Housing Supply in South Shores, NV
How many homes are available in South Shores, NV?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Summary: The South Shores real estate market had 19 homes for sale in September 2024, a 5.0% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The South Shores housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Shores, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in South Shores in September 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for South Shores, NV
How long does it take to sell a home in South Shores, NV?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 63 Days | 7 Days | -88.2% |
Summary: Homes in South Shores had an average of 7 days on market in Sep 2024, down by 88.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Shores are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in South Shores; 100% of homes were sold within 30 days, 0% 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.