The Sodhi Group's Market Report

Henderson, NV

Single-Family Homes

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Henderson, NV

Wed Oct 23 2019
This week the median list price for Henderson, NV is $442,856 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has held steady at or around 1240. Click here to stay informed with the Henderson market!

Market Action Index

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

Slight Seller's Advantage

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.

Henderson, NV

Wed Oct 23 2019
This week the median list price for Henderson, NV is $442,856 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has held steady at or around 1240. Click here to stay informed with the Henderson market!

Market Action Index

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

Slight Seller's Advantage

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 Henderson market.
Median List Price $442,856
Per Square Foot $194
Days on Market 106
Price Decreased 50%
Price Increased 4%
Relisted 12%
Inventory 1,240
Median House Rent $1,750
Most Expensive $15,500,000
Least Expensive $160,000
Market Action Index
Slight Seller's Advantage
39

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,190,000 4,528 0.25 - 0.5 acre 4 5 14 20 25 173
$510,000 2,779 6,500 - 8,000 sqft 4 3 15 30 23 91
$389,994 2,097 4,500 - 6,500 sqft 3 3 15 39 57 74
$295,000 1,557 4,500 - 6,500 sqft 3 2 22 48 54 85