Top Medium Teams in Nevada – Ranked by Sides

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    • Rank – State SidesTeam NameCompanyLocationSidesProfile
    1Mike Wood TeamRE/MAX ProfessionalsReno, NV 216.0View Profile
    2The Carver TeamNevada PropertiesHenderson, NV 120.0View Profile
    3The Brooks TeameXp Realty, LLCHenderson, NV 113.0View Profile
    4Matt Suiter GroupNevada PropertiesLas Vegas, NV 97.0View Profile
    5Montgomery Real Estate GroupKeller Williams Group One, Inc.Reno, NV 77.9View Profile
    6The Mendez TeamKeller Williams Realty Las VegasLas Vegas, NV 75.6View Profile
    7Angarola Minucci GroupNevada PropertiesLas Vegas, NV 75.0View Profile

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    2022 Market Summary

    Nevada started 2022 with a total of 3,175 single-family homes on the market, with a median home price of $535,000 and an average price per square foot of $310. By the end of the year, inventory had increased to 8,386 homes on the market (+164%), with a median home price of $489,000 (-8%) and an average price per square foot of $292 (-5%).

    At the start of 2022, the median days on market (DOM) was 56 days – by the end of the year, median DOM had increased to 98 days.

    Nevada started the year with 22% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 45% of Nevada homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Nevada started 2022 as a strong seller’s market, with an MAI score of 53; by the end of the year, the MAI had dropped to 32 – a balanced buyer and seller’s market.

    This market summary is powered by Altos Research – click here to run a free report for your area.

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