Torry Johnson's Market Report

Genoa, NV

Single-Family Homes

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



Genoa, NV

Tue Jan 21 2020
This week the median list price for Genoa, NV is $924,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 12. Click here to stay informed with the Genoa market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Genoa, NV

Tue Jan 21 2020
This week the median list price for Genoa, NV is $924,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 12. Click here to stay informed with the Genoa market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Genoa market.
Median List Price $924,000
Per Square Foot $296
Days on Market 300
Price Decreased 17%
Price Increased 8%
Relisted 17%
Inventory 12
Median Rent
Most Expensive $2,400,000
Least Expensive $610,000
Market Action 32
Slight Seller'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
$1,598,000 6,936 1 - 2.5 acres 4 4 18 0 0 800
$1,275,000 3,262 0.5 - 1 acre 3 3 1 0 1 63
$835,000 3,453 0.25 - 0.5 acre 4 3 14 0 0 242
$649,000 2,226 0.25 - 0.5 acre 3 2 18 0 1 93