Is Trump Tower, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trump Tower is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Trump Tower was a Neutral Market.

Key Takeaway

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

Housing Prices in Trump Tower, NV

How much do homes in Trump Tower, NV cost?

Median Sold Price

$605,000

$676/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$148,000(+32.4%)

Key Takeaway

Homes in Trump Tower have sold for 32.4% more than they did a month ago.

Summary: The median home sold price in Trump Tower was $605,000 in November 2024, up 32.4% from last month, and the median price per square foot was $676.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $457K$605K
+32.4%
2 --
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Trump Tower housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 32.4%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Trump Tower, NV

How many homes are available in Trump Tower, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1311-15.4%

Summary: The Trump Tower real estate market had 11 homes for sale in November 2024, a 15.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1210
-16.7%
2 11
0.0%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Trump Tower housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Trump Tower, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Trump Tower in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Trump Tower, NV

How long does it take to sell a home in Trump Tower, NV?

Average Sale Time

Oct 2024Nov 2024CHANGE
12 Days159 Days+1176.0%

Summary: Homes in Trump Tower had an average of 159 days on market in Nov 2024, up by 1176% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Trump Tower are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 4 homes were sold in Trump Tower; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 22 Days Ago

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