The Sodhi Group's Market Report

Henderson, NV

Single-Family Homes

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Henderson, NV

Tue Feb 19 2019
This week the median list price for Henderson, NV is $399,900 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has held steady at or around 1311. Click here to stay informed with the Henderson market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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

Tue Feb 19 2019
This week the median list price for Henderson, NV is $399,900 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has held steady at or around 1311. Click here to stay informed with the Henderson market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 $399,900
Per Square Foot $188
Days on Market 106
Price Decreased 42%
Price Increased 4%
Relisted 12%
Inventory 1311
Median House Rent $1,750
Most Expensive $17,500,000
Least Expensive $164,900
Market Action Index
Slight Seller's Advantage
34

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
$938,000 4,050 0.25 - 0.5 acre 4 5 15 19 17 182
$450,000 2,623 6,500 - 8,000 sqft 4 3 16 41 25 89
$360,000 1,988 4,500 - 6,500 sqft 3 3 17 46 33 77
$289,000 1,557 4,500 - 6,500 sqft 3 2 24 56 38 75