Torry Johnson's Market Report

Glenbrook, NV

Single-Family Homes

775.790.4637 | tjohnson@chaseinternational.com | www.torryjohnson.com



Glenbrook, NV

Tue Jan 21 2020
This week the median list price for Glenbrook, NV is $3,750,000 with the market action index hovering around 26. This is an increase over last month's market action index of 24. Inventory has held steady at or around 17. Click here to stay informed with the Glenbrook market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Glenbrook, NV

Tue Jan 21 2020
This week the median list price for Glenbrook, NV is $3,750,000 with the market action index hovering around 26. This is an increase over last month's market action index of 24. Inventory has held steady at or around 17. Click here to stay informed with the Glenbrook market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Glenbrook market.
Median List Price $3,750,000
Per Square Foot $871
Days on Market 336
Price Decreased 29%
Price Increased 0%
Relisted 6%
Inventory 17
Median Rent
Most Expensive $35,000,000
Least Expensive $949,500
Market Action 26
Slight Buyer's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$9,237,500 10,335 5 - 10 acres 6 8 19 1 1 595
$4,825,000 4,065 1 - 2.5 acres 4 3 25 0 0 192
$3,042,500 6,386 0.5 - 1 acre 4 5 31 0 0 143
$1,845,000 3,862 1 - 2.5 acres 4 3 40 0 1 399