Market Summary
Review all MLS listings in Johnson Lane.
If you live in the Johnson Lane area of Minden or you are planning to buy a home in this area, you may be interested in the market summary below. The local market in 2013 saw a considerable rise in price after many years of price decreases. Not only is the median price up 20% from that of 2012 but the Sold to List % is also up from 96.3% to 97.8% which indicates a market with more buyers than sellers. Surprisingly, the number of homes sold is about equal and the days on market even rose (this may be related to short sales taking the place of bank owned homes - the short sales will generally have a much higher Days on Market). Take a look below for summary market information:
Johnson Lane | 2012 | 2013 | % Change |
Number of Homes Sold | 129 | 130 | 1% |
Average Days on Market | 145 | 150 | 3% |
Highest Price | $900,000 | $565,000 | -37% |
Lowest Price | $104,500 | $136,500 | 31% |
Average Home Price | $291,025 | $322,908 | 11% |
Median Home Price | $261,500 | $315,000 | 20% |
Sold Price / List Price % | 96.3% | 97.8% | 2% |
If you have any questions about buying or selling a home in the Johnson Lane area, please give me a call. Not ready to talk yet?, try the links below:
- Johnson Lane Area home prices and recent sales (last 180 days)
- Minden home listing search
- Minden market trends by charts/graphs
Mitch Argon
Broker/Owner
CalNeva Realty
775-473-9531
Serving the Greater Reno-Tahoe Area!
Comments(0)