Updated February 17, 2020
- In 2020, the average time it takes to sell a home in Nevada — from listing through closing — is approximately 90 days. That’s 55 days to get an offer, plus the typical 35-day closing period.
- Key factors that impact Nevada home sale timelines include local market conditions (e.g., buyer demand, job market, rising home values, etc.), time of year, and your property’s type and condition.
- Your agent’s listing strategy (pricing, marketing, networking, etc.) and the buyer’s financing situation — i.e., the amount of time it takes for them to secure loan approval — will also influence how long your sale ultimately takes.
Read on to learn more about how long it takes to sell a house in Nevada — and get some pro tips on how to speed up your sale, get better offers, and save thousands in the process.
What’s the average time to sell a house in Nevada?
|Average Time to Sell*||Average Price**|
*Redfin Data Center (average of median days on market in 2019)
**Redfin Data Center (average of median price in 2019)
The average time it takes to sell a house in Nevada in 2020 is 90 days — 55 days to get an offer and an additional 35 days to close. This is approximately 12.50% slower than the national average. Keep in mind that these are annual averages and the numbers will vary by month and/or season.
Best time to sell a house in Nevada
In addition to the average days on market and list price data, we’ve compiled data on the BEST (and worst) time to sell your Nevada house based on what’s most important to you:
- Fastest Time to Sell: When should you list your home if you’re looking to sell quickly?
- Highest Sale Price: What month should you list in to get the best possible price for your home?
Best month to sell a house fast in Nevada
|Month*||Days on Market*|
|Best Month||June||47 days|
|Worst Month||December||64 days|
*Redfin Data Center (median days on market by month in 2019)
The best month to sell a house fast in Nevada is June. The median time it takes for Nevada homes listed in June to get an offer is 47 days, which is 8 days faster than the annual average.
Best month to sell a house in Nevada for price
*Redfin Data Center (median sale price by month in 2019)
The best month to sell a house in Nevada in terms of sale price is December. The median sale price in December is $310,000, which is 3.25% — or $9,750 — more than the annual average.
5 tips to get your Nevada home sold
1. Price it right
It’s clear that timing plays a role in how quickly you will sell your home. Some months are just better than others for speed and price. But in Nevada, the timing issue is not as big a factor as some states.
While sales slow down in January, the difference between that month and the fast month, August, is less than three weeks. The price differential is more significant.
A great real estate agent will sell your home at the optimal price no matter when you list it. They understand seasonal trends and have up-to-date statistics on specific neighborhoods throughout the state.
This will allow to find the best sale price for your home, one that gives you an excellent return but also does not scare off good potential buyers.
2. Make repairs
It’s difficult deciding what repairs to make and which renovations to ignore. Most sellers feel that since they are moving out of the sale property, upgrades make little sense considering their cost.
But that’s not the best way to look at things. Think of the cost of repairs or renovations as an investment that will bring you a greater return when you make the sale. They can also help sell your home faster.
3. Don’t skimp on important renovations
What you need to keep in mind that repairs don’t have to cost tens-of-thousands of dollars. A good paint job on the interior and exterior of an older home can do wonders for attracting offers.
A renovated kitchen can increase your price by $15,000 or more. And polished floors or cleaned carpets go a long way to clinching the sale.
A good realtor will be able to guide you when it comes to the improvements you should consider. You don’t have to make every repair, but remember that if you leave repairs to potential buyers, you may lose some bids or offers may not be as high.
4. Stage, market, and list your home to attract qualified buyers
A modern looking or stylishly furnished home with tasteful décor can make all the difference in the bids sellers get for their home and the amount of the offers. That’s where staging comes in.
Staging is when you rent updated furniture and lighting to make the appearance of your home appealing to your ideal buyer. It can cost between $1,200 and $2,000, but think of it is an investment that will pay off with a much bigger sales price. Empty homes sell for less than furnished homes.
5. Negotiate with buyers to get the best possible price
If you’re considering selling your home in Nevada, you need someone on your side who is a top negotiator. They must know the art of the deal and the science and statistics behind getting what you are asking for. Otherwise, you could lose tens-of-thousands of dollars when you sell your home. Or you may pass up excellent offers to only see your home stay on the market month after month.
Clever Partner Agents are experts in Nevada’s real estate sector. They also understand the state’s unique pool of buyers, so they can price your home to get the best price.
Most home buyers will work with a buyer’s agent. That’s because they are not used to negotiating deals, so they go to someone with expertise. You need someone better on your side.
Next steps for Nevada home sellers
If you’re looking to sell your home fast in Nevada and get a great price, Clever can help.
Clever negotiates reduced rates with top-rated real estate agents throughout Nevada. Get full service and support for a flat $3,000 listing fee — or just 1% if your home sells for more than $350,000. You’ll still have to offer a buyer’s agent commission, per the standard rate in your area (typically 2.5-3%), but overall, you’ll still save up to 50% on standard commission fees.
Importantly, home sellers who list with Clever get their first qualified offer in an average of 13 days* — that’s 42 days faster than the average time to offer in Nevada.
*Average time to offer for Clever home sellers in 2019.