The Sodhi Group's Market Report

Henderson, NV

Single-Family Homes

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Henderson, NV

Thu Feb 27 2020
This week the median list price for Henderson, NV is $489,000 with the market action index hovering around 42. This is an increase over last month's market action index of 39. Inventory has held steady at or around 841. 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

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.

Henderson, NV

Thu Feb 27 2020
This week the median list price for Henderson, NV is $489,000 with the market action index hovering around 42. This is an increase over last month's market action index of 39. Inventory has held steady at or around 841. 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

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 Henderson market.
Median List Price $489,000
Per Square Foot $203
Days on Market 126
Price Decreased 35%
Price Increased 5%
Relisted 11%
Inventory 841
Median Rent $1,775
Most Expensive $15,499,000
Least Expensive $155,000
Market Action 42
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
$1,599,999 5,118 0.25 - 0.5 acre 4 5 14 7 13 222
$589,894 3,105 6,500 - 8,000 sqft 4 4 16 31 31 102
$429,450 2,401 6,500 - 8,000 sqft 4 3 15 49 41 77
$317,888 1,596 4,500 - 6,500 sqft 3 2 23 54 62 103