The market is holding steady right now, but did you know, average home prices in Nevada have increased by almost $100,000 in the last three years?
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.
Slight Seller’s Advantage
You can use this helpful link at any time to view useful tools like the Real-Time Market Profile and Median List Price!