$10,000 Closing Credit*
$1,339,000
3,311 SqFt
5 Beds
•3 Full Baths, 1 Partial
Maribel Garcia, Listing Office: Harcourts Vanguard
Is Verdi, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Verdi was a Seller's Market.
Key Takeaway
Verdi is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Verdi, NV
How much do homes in Verdi, NV cost?
Median Sold Price
$780,000
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,500(+6.2%)
Key Takeaway
Homes in Verdi have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Verdi was $780,000 in November 2024, up 6.2% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $485K | $482.5K | -0.5% |
| 2 Bedrooms | $577.5K | $595K | +3.0% |
| 3 Bedrooms | $749K | $784K | +4.7% |
| 4 Bedrooms | $781.5K | $868.5K | +11.1% |
| 5+ Bedrooms | $1.5M | $905K | -40.4% |
Summary: Verdi housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 40.4%.
Median Sold Price Compared To Nearby Cities
| Reno Southwest | $749.7K | $818.8K | +9.2% |
| Reno | $529.5K | $573.8K | +8.4% |
| Verdi | $734.5K | $780K | +6.2% |
| Reno North | $468.2K | $484.6K | +3.5% |
Housing Supply in Verdi, NV
How many homes are available in Verdi, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 93 | 75 | -19.4% |
Summary: The Verdi real estate market had 75 homes for sale in November 2024, a 19.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 23 | 20 | -13.0% |
| 3 Bedrooms | 30 | 23 | -23.3% |
| 4 Bedrooms | 31 | 25 | -19.4% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Verdi housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13%, 3 bedroom homes decreased by 23.3%, 4 bedroom homes decreased by 19.4%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 12 | -50.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Verdi, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Verdi in November 2024, down by 50.0% month-over-month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Verdi, NV
How long does it take to sell a home in Verdi, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 87 Days | 93 Days | +7.6% |
Summary: Homes in Verdi had an average of 93 days on market in Nov 2024, up by 7.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Verdi has remained consistent over time.
Summary: During November 2024, 12 homes were sold in Verdi; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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