This week the median list price for Henderson, NV is $630,000 with the market action index hovering around 33. This is less than last month’s market action index of 34. Inventory has increased to 1,422.

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.