The Sodhi Group's Market Report

Henderson, NV

Single-Family Homes

Info@YourHomeLV.com | www.YourHomeLV.com



Henderson, NV

Fri Dec 13 2019
This week the median list price for Henderson, NV is $448,850 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 1100. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Henderson, NV

Fri Dec 13 2019
This week the median list price for Henderson, NV is $448,850 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 1100. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Henderson market.
Median List Price $448,850
Per Square Foot $196
Days on Market 119
Price Decreased 45%
Price Increased 5%
Relisted 11%
Inventory 1,100
Median Rent $1,795
Most Expensive $15,500,000
Least Expensive $145,000
Market Action 39
Slight Seller's Advantage

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
$1,349,500 4,624 0.25 - 0.5 acre 4 5 13 9 11 187
$525,000 2,888 6,500 - 8,000 sqft 4 3 16 17 20 113
$397,750 2,190 4,500 - 6,500 sqft 4 3 15 27 38 84
$299,900 1,544 4,500 - 6,500 sqft 3 2 22 23 40 89