Torry Johnson's Market Report

Carson City, NV

Single-Family Homes

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



Carson City, NV

Fri Feb 28 2020
This week the median list price for Carson City, NV is $368,250 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has held steady at or around 92. Click here to stay informed with the Carson City market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Carson City, NV

Fri Feb 28 2020
This week the median list price for Carson City, NV is $368,250 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has held steady at or around 92. Click here to stay informed with the Carson City market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Carson City market.
Median List Price $368,250
Per Square Foot $230
Days on Market 105
Price Decreased 34%
Price Increased 4%
Relisted 7%
Inventory 92
Median Rent $1,550
Most Expensive $6,000,000
Least Expensive $134,900
Market Action 45
Strong Seller's Market

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
$1,165,000 3,411 1 - 2.5 acres 4 3 23 2 2 198
$459,950 2,004 8,000 - 10,000 sqft 3 2 27 6 3 74
$324,900 1,415 6,500 - 8,000 sqft 3 2 28 8 4 79
$239,900 1,232 6,500 - 8,000 sqft 3 2 44 5 3 67