Torry Johnson's Market Report

Gardnerville, NV

Single-Family Homes

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



Gardnerville, NV

Fri Feb 28 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 121. 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

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.

Gardnerville, NV

Fri Feb 28 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 121. 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

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 Gardnerville market.
Median List Price $525,000
Per Square Foot $251
Days on Market 149
Price Decreased 29%
Price Increased 11%
Relisted 3%
Inventory 121
Median Rent $1,995
Most Expensive $5,880,000
Least Expensive $115,000
Market Action 32
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
$1,125,000 3,537 1 - 2.5 acres 4 3 17 0 1 254
$699,250 2,573 1 - 2.5 acres 3 2 16 1 1 208
$442,005 1,877 0.25 - 0.5 acre 3 2 17 3 4 80
$335,000 1,430 8,000 - 10,000 sqft 3 2 30 2 3 55