March 6, 2024 – MyMarketPulse (mymarketpulse.com) just released the list of the Hottest Markets in Nevada for January 2024.
Where are homes selling fastest and at the best prices? Curious if there are markets in Nevada where there is a high demand for homes? MyMarketPulse took a deep dive into it, exploring where in Nevada the markets are the hottest.
What We Found
We looked at each county, pulling up the median sale prices sales volume from Redfin, focusing on counties with 25 or more home sales per month. We assign a MarketPulse score based on the three-month weighted average of home sales volume and sale prices versus previous twelve months. Counties were then ranked from highest to lowest based on this score.
The Highlights
In Nevada, the hottest-selling market is Douglas County, where the MarketPulse Score is 94 and the median sales price comes in at $773,817 with 49 homes sold.
On the flip side, Washoe County sits at the bottom of the market with a MarketPulse Score of 87 with 269 homes sold.
Hottest Markets in Nevada
1. Douglas County. MarketPulse Score of 94
2. Elko County. MarketPulse Score of 92
3. Carson City. MarketPulse Score of 91
4. Nye County. MarketPulse Score of 91
5. Clark County. MarketPulse Score of 90
For more information about the Nevada market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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