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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Trails is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, The Trails has remained a Seller's Market.

Key Takeaway

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

Housing Prices in The Trails, NV

How much do homes in The Trails, NV cost?

Median Sold Price

$571,250

$283/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$55,250(+10.7%)

Key Takeaway

Homes in The Trails have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in The Trails was $571,250 in October 2024, up 10.7% from last year, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $347.4K$380K
+9.4%
3 $463.7K$522.5K
+12.7%
4 $642K$708.5K
+10.4%
5+ $630K$2.1M
+245.2%

Summary: The Trails 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 9.4%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 245.2%.

Housing Supply in The Trails, NV

How many homes are available in The Trails, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4146+12.2%

Summary: The The Trails real estate market had 46 homes for sale in October 2024, a 12.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 1923
+21.1%
4 1312
-7.7%
5+ 34
+33.3%

Summary: The The Trails 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 16.7%, 3 bedroom homes increased by 21.1%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
11110.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Trails, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in The Trails in October 2024, the same as the previous month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% were sold over asking.

Days on Market for The Trails, NV

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

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days21 Days+66.2%

Summary: Homes in The Trails had an average of 21 days on market in Oct 2024, up by 66.2% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 11 homes were sold in The Trails; 82% of homes were sold within 30 days, 18% 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

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