$7,956 Closing Credit*
$670,000
2,169 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jared A. English, Listing Office: Congress Realty
Is The Hills South, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, The Hills South was a Seller's Market.
Key Takeaway
The Hills South is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in The Hills South, NV
How much do homes in The Hills South, NV cost?
Median Sold Price
$772,500
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$180,250(+30.4%)
Key Takeaway
Homes in The Hills South have sold for 30.4% more than they did a year ago.
Summary: The median home sold price in The Hills South was $772,500 in October 2024, up 30.4% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $365K | - | N/A |
| 2 Bedrooms | $442.5K | $485K | +9.6% |
| 3 Bedrooms | $457.5K | $620K | +35.5% |
| 4 Bedrooms | $1.4M | $1.6M | +10.7% |
| 5+ Bedrooms | $2.7M | $1.3M | -51.1% |
Summary: The Hills South 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 9.6%, 3 bedroom homes increased by 35.5%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 51.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Tournament Hills | $2.4M | $3.8M | +54.5% |
| The Hills South | $592.2K | $772.5K | +30.4% |
Housing Supply in The Hills South, NV
How many homes are available in The Hills South, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Summary: The The Hills South real estate market had 17 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The The Hills South 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 increased by 200%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Hills South, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in The Hills South in October 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for The Hills South, NV
How long does it take to sell a home in The Hills South, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 14 Days | -57.6% |
Summary: Homes in The Hills South had an average of 14 days on market in Oct 2024, down by 57.6% compared to last year.
Breakdown of Home Sale Times
2 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 The Hills South are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in The Hills South; 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.