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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Hills is a neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, The Hills has remained a Neutral Market.

Key Takeaway

The Hills 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 The Hills, NV

How much do homes in The Hills, NV cost?

Median Sold Price

$559,000

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$85,000(+17.9%)

Key Takeaway

Homes in The Hills have sold for 17.9% more than they did a year ago.

Summary: The median home sold price in The Hills was $559,000 in November 2024, up 17.9% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $390.5K$440K
+12.7%
3 $458K$483K
+5.5%
4 $509.9K$617K
+21.0%
5+ $660K$755K
+14.4%

Summary: The Hills 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 12.7%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 21%, and 5+ bedroom homes increased by 14.4%.

Housing Supply in The Hills, NV

How many homes are available in The Hills, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1827+50.0%

Summary: The The Hills real estate market had 27 homes for sale in November 2024, a 50.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1014
+40.0%
4 58
+60.0%
5+ 34
+33.3%

Summary: The The Hills 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 increased by 40%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 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 The Hills, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in The Hills in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for The Hills, NV

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

Average Sale Time

Nov 2023Nov 2024CHANGE
79 Days46 Days-41.9%

Summary: Homes in The Hills had an average of 46 days on market in Nov 2024, down by 41.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in The Hills has remained consistent over time.

Summary: During November 2024, 4 homes were sold in The Hills; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 21 Days Ago

Newest Listings in The Hills, NV

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