$7,718 Closing Credit*
$649,900
2,304 SqFt
4 Beds
•2 Full Baths, 1 Partial
Harsha Sarma, Listing Office: The Tom Love Group LLC
Is The Arbors, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, The Arbors has remained a Seller's Market.
Key Takeaway
The Arbors is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Arbors, NV
How much do homes in The Arbors, NV cost?
Median Sold Price
$530,000
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$22,600(-4.1%)
Key Takeaway
Homes in The Arbors have sold for 4.1% less than they did a year ago.
Summary: The median home sold price in The Arbors was $530,000 in October 2024, down 4.1% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $366.5K | $400K | +9.1% |
| 3 Bedrooms | $455K | $510K | +12.1% |
| 4 Bedrooms | $650K | $720K | +10.8% |
| 5+ Bedrooms | $745K | $762.5K | +2.3% |
Summary: The Arbors housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 2.3%.
Housing Supply in The Arbors, NV
How many homes are available in The Arbors, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 41 | -2.4% |
Summary: The The Arbors real estate market had 41 homes for sale in October 2024, a 2.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 20 | 13 | -35.0% |
| 4 Bedrooms | 11 | 18 | +63.6% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The The Arbors housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 35%, 4 bedroom homes increased by 63.6%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Arbors, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in The Arbors in October 2024, down by 7.1% month-over-month. Of the 13 sold homes, 46% were sold under asking, 31% were sold at asking, and 23% were sold over asking.
Days on Market for The Arbors, NV
How long does it take to sell a home in The Arbors, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 18 Days | +13.4% |
Summary: Homes in The Arbors had an average of 18 days on market in Oct 2024, up by 13.4% compared to last year.
Breakdown of Home Sale Times
11 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 The Arbors are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in The Arbors; 85% of homes were sold within 30 days, 15% 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.