Henderson Weekly Market Report

Fri Nov 13 2024

This week the median list price for Henderson, NV is $619,888 with the market action
index hovering around 35. This is less than last month’s market action index of 36.
Inventory has increased to 1,131.

Market Action Index

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite
the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where
significant demand leaves little inventory available). If the MAI begins to climb, prices
will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch
for downward pressure on prices.

Real-time Market Profile

The market seems to have paused around this plateau. The Market Action Index
is a good leading indicator for the durability of this trend.

Price per Square Foot