Top Medium Teams in Nevada – Ranked by Sides

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Rank – State SidesTeam NameCompanyLocationSidesProfile
Li TeamKeller WilliamsHenderson, NV 161.4
The Rexford GroupThe Real Brokerage Inc.Las Vegas, NV 131.0
The Carver TeamBerkshire Hathaway HomeServices Nevada PropertiesHenderson, NV 115.0
Shipp GroupLPT RealtyElko, NV 85.0
The Cordero Grouphuntington & ellis, A Real Estate AgencyLas Vegas, NV 85.0
Siva Herdt GroupLPT RealtyReno, NV 85.0
Smith Real Estate GroupREMAX ProfessionalsReno, NV 82.0
The Brooks TeameXp RealtyLas Vegas, NV 82.0
Conforte & Olson Luxury Real Estate TeamXpand RealtyLas Vegas, NV 76.0
Matt Suiter GroupBerkshire Hathaway HomeServices Nevada PropertiesLas Vegas, NV 75.0
NV Ball Real Estate GroupLPT RealtyReno, NV 71.0
Alt GroupThe Real Brokerage Inc.Las Vegas, NV 69.0
Great Las Vegas Homes TeamBerkshire Hathaway HomeServices Nevada PropertiesHenderson, NV 69.0
The Olson GroupREMAX ProfessionalsReno, NV 65.0

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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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