$6,828 Closing Credit*
$575,000
1,205 SqFt
Charles W. Hall, Listing Office: Realty ONE Group, Inc
Is Water Street District, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Water Street District was a Seller's Market.
Key Takeaway
Water Street District 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 Water Street District, NV
How much do homes in Water Street District, NV cost?
Median Sold Price
$315,000
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+6.8%)
Key Takeaway
Homes in Water Street District have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Water Street District was $315,000 in November 2024, up 6.8% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $156K | $160K | +2.6% |
| 2 Bedrooms | $270K | $258K | -4.4% |
| 3 Bedrooms | $300K | $325K | +8.3% |
| 4 Bedrooms | $390K | $352.5K | -9.6% |
| 5+ Bedrooms | $495K | $567.5K | +14.6% |
Summary: Water Street District housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes increased by 14.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Black Mountain | $365.5K | $398.2K | +9.0% |
| Water Street District | $295K | $315K | +6.8% |
Housing Supply in Water Street District, NV
How many homes are available in Water Street District, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 34 | -2.9% |
Summary: The Water Street District real estate market had 34 homes for sale in November 2024, a 2.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 19 | 21 | +10.5% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Water Street District 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 decreased by 20%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Water Street District, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Water Street District in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Water Street District, NV
How long does it take to sell a home in Water Street District, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 35 Days | +138.6% |
Summary: Homes in Water Street District had an average of 35 days on market in Nov 2024, up by 138.6% compared to last year.
Breakdown of Home Sale Times
3 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 Water Street District are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Water Street District; 60% of homes were sold within 30 days, 40% 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.