Is Water Street District, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Water Street District is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Water Street District was a Buyer's Market.

Key Takeaway

Water Street District is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Water Street District, NV

How much do homes in Water Street District, NV cost?

Median Sold Price

$320,000

$259/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,000(+8.8%)

Key Takeaway

Homes in Water Street District have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in Water Street District was $320,000 in October 2024, up 8.8% from last year, and the median price per square foot was $259.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $156K$160K
+2.6%
2 $270K$257K
-4.8%
3 $303.3K$329.5K
+8.6%
4 $360K$352.5K
-2.1%
5+ $495K$567.5K
+14.6%

Summary: Water Street District housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 14.6%.

Median Sold Price Compared To Nearby Neighborhoods

Black Mountain
+9.6%
Water Street District
+8.8%

Housing Supply in Water Street District, NV

How many homes are available in Water Street District, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3038+26.7%

Summary: The Water Street District real estate market had 38 homes for sale in October 2024, a 26.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 1620
+25.0%
4 55
0.0%
5+ 13
+200.0%

Summary: The Water Street District 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 25%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Water Street District, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Water Street District in October 2024, up by 80.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% 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

Oct 2023Oct 2024CHANGE
9 Days20 Days+128.4%

Summary: Homes in Water Street District had an average of 20 days on market in Oct 2024, up by 128.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Water Street District are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in Water Street District; 67% of homes were sold within 30 days, 33% 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 20 Days Ago

Newest Listings in Water Street District, NV

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