Nevada

Strength 4 / 5

75 days

Spanish Springs homes taking 75 days to sell — +50.0% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

78 days

Sunrise Manor homes taking 78 days to sell — +56.0% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

$487K

Carson City avg sale price fell back under $500K — now $487K

Dropping back below $500K re-opens a buyer pool that had been priced out — and puts sellers on notice that the last few months' comps are no longer defensible.

Strength 4 / 5

$487K

Carson City median price -9.7% YoY

Price-per-sqft also -5.7% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

$350K

Paradise median price -8.4% YoY

Price-per-sqft also -5.5% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

$480K

Carson City median price -10.3% YoY

Price-per-sqft also -2.3% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

73 days

Carson City homes taking 73 days to sell — +78.0% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

40 listings

Spanish Springs new listings +57.5% vs. 5-year average for this month

Sellers are putting materially more inventory on the market than is typical for this time of year — buyers should see more selection and less urgency on well-located homes.