Henderson, NV 89044 – Wed Jan 02 2019
This week the median list price for Henderson, NV 89044 is $421,950 with the market action index hovering around 36. This is less than last month’s market action index of 37. Inventory has held steady at or around 126. Click here to stay informed with the Henderson market!
Market Action Index – Altos Research
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
The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
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