Is Technology Park, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Technology Park is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Technology Park has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Technology Park, NV

How much do homes in Technology Park, NV cost?

Median Sold Price

$485,000

$266/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,115(+3.2%)

Key Takeaway

Homes in Technology Park have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Technology Park was $485,000 in November 2024, up 3.2% from last year, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $205K$225K
+9.8%
2 $275K$276K
0.4%
3 $446.4K$445K
-0.3%
4 $527.5K$545K
+3.3%
5+ $572.5K$547.5K
-4.4%

Summary: Technology Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.8%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 4.4%.

Housing Supply in Technology Park, NV

How many homes are available in Technology Park, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4846-4.2%

Summary: The Technology Park real estate market had 46 homes for sale in November 2024, a 4.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 34
+33.3%
2 65
-16.7%
3 2219
-13.6%
4 1011
+10.0%
5+ 77
0.0%

Summary: The Technology Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
811+37.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Technology Park, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Technology Park in November 2024, up by 37.5% month-over-month. Of the 11 sold homes, 73% were sold under asking, 0% were sold at asking, and 27% were sold over asking.

Days on Market for Technology Park, NV

How long does it take to sell a home in Technology Park, NV?

Average Sale Time

Nov 2023Nov 2024CHANGE
13 Days36 Days+183.2%

Summary: Homes in Technology Park had an average of 36 days on market in Nov 2024, up by 183.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 11 homes were sold in Technology Park; 55% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 0% 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 23 Days Ago

Newest Listings in Technology Park, NV

Nearby Markets to Technology Park, NV