Every week we take a look at the latest real estate market report to determine what kind of market we are in. This real-time market profile provided by Stewart Title shows the median list price of homes in the subject area, average days on the market for a listing, inventory of homes for sale, and more. As a result of all this data, the report provides us with a “Market Action Index”. An index below 30 points is considered a buyer’s market and an index above 30 is considered a seller’s market.
Are you curious what your home is worth in this market? Head on over to “What’s MY Home Worth” to get in touch and find out.
Gardnerville, NV Market Report:
Below is the latest real estate market report for the Gardnerville, NV area. The market action index is hovering around 47 which means the area is still in a strong seller’s market.
Carson City, NV:
Below is the latest report for the Carson City, NV area. The market action index is hovering around 65 which means this area is also still in a strong seller’s market.