Is Inspirada, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Inspirada has remained a Seller's Market.
Key Takeaway
Inspirada is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Inspirada, NV
How much do homes in Inspirada, NV cost?
Median Sold Price
$545,000
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Inspirada have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Inspirada was $545,000 in May 2024, up 0.8% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $317.5K | $300K | -5.5% |
| 2 Bedrooms | $419K | $405K | -3.3% |
| 3 Bedrooms | $465K | $490K | +5.4% |
| 4 Bedrooms | $605K | $625K | +3.3% |
| 5+ Bedrooms | $695.3K | $670K | -3.6% |
Summary: Inspirada housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 3.6%.
Housing Supply in Inspirada, NV
How many homes are available in Inspirada, NV?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 96 | 105 | +9.4% |
Summary: The Inspirada real estate market had 105 homes for sale in May 2024, a 9.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 56 | 57 | +1.8% |
| 4 Bedrooms | 27 | 35 | +29.6% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Inspirada housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 31 | 27 | -12.9% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Inspirada, you may be able to get a good deal. 63% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Inspirada in May 2024, down by 12.9% month-over-month. Of the 27 sold homes, 63% were sold under asking, 19% were sold at asking, and 19% were sold over asking.
Days on Market for Inspirada, NV
How long does it take to sell a home in Inspirada, NV?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 29 Days | 34 Days | +17.8% |
Summary: Homes in Inspirada had an average of 34 days on market in May 2024, up by 17.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Inspirada are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 27 homes were sold in Inspirada; 59% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 4% 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.