$4,566 Closing Credit*
$384,474
1,182 SqFt
3 Beds
•1 Full Bath
Kostika Xhurka, Listing Office: Galindo Group Real Estate
Is Twin Lakes, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Twin Lakes has remained a Seller's Market.
Key Takeaway
Twin Lakes is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Twin Lakes, NV
How much do homes in Twin Lakes, NV cost?
Median Sold Price
$375,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+5.6%)
Key Takeaway
Homes in Twin Lakes have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Twin Lakes was $375,000 in October 2024, up 5.6% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $180K | $185K | +2.8% |
| 3 Bedrooms | $320K | $365K | +14.1% |
| 4 Bedrooms | $395K | $390K | -1.3% |
| 5+ Bedrooms | $454K | $395K | -13.0% |
Summary: Twin Lakes 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 2.8%, 3 bedroom homes increased by 14.1%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 13%.
Housing Supply in Twin Lakes, NV
How many homes are available in Twin Lakes, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 43 | +22.9% |
Summary: The Twin Lakes real estate market had 43 homes for sale in October 2024, a 22.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 14 | +40.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 10 | 13 | +30.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Twin Lakes 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 40%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Twin Lakes, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Twin Lakes in October 2024, up by 80.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for Twin Lakes, NV
How long does it take to sell a home in Twin Lakes, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 28 Days | -51.8% |
Summary: Homes in Twin Lakes had an average of 28 days on market in Oct 2024, down by 51.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Twin Lakes are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Twin Lakes; 78% of homes were sold within 30 days, 22% 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.