Torry Johnson's Market Report

Gardnerville, NV

Single-Family Homes

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



Gardnerville, NV

Tue Jan 21 2020
This week the median list price for Gardnerville, NV is $525,000 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 123. Click here to stay informed with the Gardnerville 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.

Gardnerville, NV

Tue Jan 21 2020
This week the median list price for Gardnerville, NV is $525,000 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 123. Click here to stay informed with the Gardnerville 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 Gardnerville market.
Median List Price $525,000
Per Square Foot $260
Days on Market 145
Price Decreased 25%
Price Increased 7%
Relisted 2%
Inventory 123
Median Rent $1,550
Most Expensive $5,880,000
Least Expensive $115,000
Market Action 32
Slight Seller's Advantage

The market appears to be 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
$1,099,000 3,407 1 - 2.5 acres 4 3 15 1 2 284
$690,000 2,629 1 - 2.5 acres 3 3 15 1 1 165
$439,000 1,781 0.25 - 0.5 acre 3 2 22 2 2 72
$329,999 1,430 8,000 - 10,000 sqft 3 2 30 2 4 60