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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Willows is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, The Willows was a Seller's Market.

Key Takeaway

The Willows 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 Willows, NV

How much do homes in The Willows, NV cost?

Median Sold Price

$615,000

$316/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$100,000(+19.4%)

Key Takeaway

Homes in The Willows have sold for 19.4% more than they did a year ago.

Summary: The median home sold price in The Willows was $615,000 in November 2024, up 19.4% from last year, and the median price per square foot was $316.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $495K$535K
+8.1%
3 $474.9K$520K
+9.5%
4 $740K$717.5K
-3.0%
5+ $1.4M$829K
-44.5%

Summary: The Willows 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 8.1%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 44.5%.

Housing Supply in The Willows, NV

How many homes are available in The Willows, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3524-31.4%

Summary: The The Willows real estate market had 24 homes for sale in November 2024, a 31.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1711
-35.3%
4 95
-44.4%
5+ 98
-11.1%

Summary: The The Willows 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 remained the same, 3 bedroom homes decreased by 35.3%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
124-66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Willows, 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 Willows in November 2024, down by 66.7% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for The Willows, NV

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

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days60 Days+55.8%

Summary: Homes in The Willows had an average of 60 days on market in Nov 2024, up by 55.8% 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 Willows has remained consistent over time.

Summary: During November 2024, 4 homes were sold in The Willows; 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 17 Days Ago

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