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 neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Trump Tower was a Buyer's Market.

Key Takeaway

Trump Tower 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 Trump Tower, NV

How much do homes in Trump Tower, NV cost?

Median Sold Price

$457,000

$610/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$62,000(+15.7%)

Key Takeaway

Homes in Trump Tower have sold for 15.7% more than they did a month ago.

Summary: The median home sold price in Trump Tower was $457,000 in October 2024, up 15.7% from last month, and the median price per square foot was $610.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $395K$457K
+15.7%
2 --
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Trump Tower housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 15.7%, 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

Sep 2024Oct 2024CHANGE
1213+8.3%

Summary: The Trump Tower real estate market had 13 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1112
+9.1%
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 October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 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

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 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 2 homes were sold or pending in Trump Tower in October 2024, up by 100.0% month-over-month. Of the 2 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

Sep 2024Oct 2024CHANGE
170 Days12 Days-92.6%

Summary: Homes in Trump Tower had an average of 12 days on market in Oct 2024, down by 92.6% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Trump Tower; 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.

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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