Top Mega Teams in Nevada – Ranked by Sides

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Rank – State SidesTeam NameCompanyLocationSidesProfile
1Nevada Real Estate GroupeXp Realty, LLCReno, NV 595.0View Profile
2Brenkus TeamKeller Williams Realty The MarketplaceHenderson, NV 251.0View Profile
3The Mullin GroupNevada PropertiesHenderson, NV 220.0View Profile
4The Tonnesen TeamNevada PropertiesHenderson, NV 143.0View Profile

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2023 Nevada Housing Market Summary

Nevada started 2023 with a total of 8,019 single-family homes on the market, with a median home price of $489,000 and an average price per square foot of $293. By the end of the year, inventory had decreased to 5,361 homes on the market (-33%), with a median home price of $535,000 (+9%) and an average price per square foot of $327 (+11%).

At the start of 2023, the median days on market (DOM) was 91 days – by the end of the year, median DOM had decreased to 77 days.

Nevada started the year with 43% 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 33% of Nevada homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Nevada started 2023 as a seller’s market, with an MAI score of 39; by the end of the year, the MAI had rose to 40 – a slight seller’s advantage.

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

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