HomeGain Releases 4th Quarter Nevada Home Prices Survey Results

Posted by: Louis Cammarosano on December 30th, 2009

Last week, HomeGain, one of the first companies to provide free instant home valuations online, released the national and regional results of our fourth quarter home prices survey of nearly 1000 HomeGain current and former members. The survey asked their opinions on home values and what they thought of President Obama’s performance as President so far. On the HomeGain real estate blog we published the full survey results, including Realtor commentary and charts.  Also last week, we published the results of the fourth quarter Texas home prices, Florida home pricesNew York home prices, New Jersey home pricesCalifornia home prices , Illinois home prices and Georgia  home prices survey results.

Earlier this week we released the Pennsylvania home prices, Colorado home prices the Arizona home prices , North Carolina home prices, the Virginia home prices, the Washington home prices , the  Maryland home prices, and the Massachusetts home prices survey results.

Today we are releasing the Nevada home prices survey results.


(click on each question to see complete results):

  1. Have home prices increased, decreased or stayed the same in the last year?
  2. On average, what do homeowners believe that their home is worth?
  3. How do buyers feel that homes for sale are priced?
  4. What is the average difference in price between what sellers believe their home to be worth and the amount at which the home gets listed?
  5. What is the average difference in price between what a home is listed at and what a home sells for?
  6. In the next six months, will the values of homes in your market increase, decrease or stay the same?
  7. What percentage of homes for sale are foreclosures in your area?
  8. What is the average home price in your area?
  9. What percentage of your clients are first-time buyers?
  10. How do you as a Realtor think Barack Obama is performing in his role as President?

Question 1:



Decreased: 80% (77%/81%/84%/90%)

Increased: 10% (7%/6%/3%/2%)

Stay the same: 10% (15%/13%/12%/8%)

Question 2. On average, what do your homeowner clients believe that their home is worth?


10-20% higher: 40%(40%/38%/35%/45%)

10-20% less: 10% (5%/5%/8%/10%)

1-9% higher: 10% (28%/25%/24%/*)

21-30% higher: 10% (6%/8%/8%/14%)

21-30% less: 10% (2%/2%/3%/*)

At listing price you recommend: 10% (9%/11%/10%/14%)

More than 30% less: 10% (1%/1%/2%/1%)

1-9% less: 0% (7%/7%/9%/*)

More than 30% higher: 0% (2%/3%/2%/4%)

Question 3. How do your home buyer clients feel that homes for sale are priced?


Fairly priced: 30% (21%/20%/19%/18%)

Overpriced by less than 10%: 30% (32%/30%/29%/21%)

Underpriced by 10-20%: 20% (7%/8%/8%/14%)

Overpriced by 21%+: 10% (3%/4%/4%/10%)

Underpriced by less than 10%: 10% (5%/5%/5%/5%)

Overpriced by 10-20%: 0% (28%/30%/30%/32%)

Underpriced by 21-30%: 0% (3%/2%/1%/2%)

Underpriced by 31%+: 0% (1%/1%/1%/2%)

Question 4. What is the average difference in price between what sellers believe their home to be worth and the amount at which you eventually list the house?


Less than 5-10%: 40% (48%/43%/43%)

Less than 11-20%: 30% (23%/24%/23%)

Little or no difference in price: 20% (9%/12%/8%)

Greater than 11-20%: 10% (5%/5%/7%)

Greater than 21%: 0% (3%/3%/3%)

Greater than 5-10%: 0% (8%/9%/10%)

Less than 21-30%: 0% (4%/4%/5%)

Question 5. What is the average difference in price between what the home is listed at and what the home sells for?


Greater than 5-10%: 40% (6%/5%/5%)

Greater than 11-20%: 20% (3%/4%/4%)

Less than 11-20%: 20% (23%/24%/27%)

Less than 5-10%: 20% (56%/54%/53%)

Less than 21-30%: 10% (3%/3%/4%)

Little or no difference in price: 10% (7%/8%/5%)

Greater than 21%: 0% (2%/2%/2%)

Question 6:



Increase: 50% (24%/23%/22%/11%)

Decrease: 30% (28%/31%/29%/53%)

Stay the same: 20% (48%/46%/49%/36%)

Question 7. What percent of homes in your area are foreclosures?


51%-75%: 50% (4%/5%/3%/5%)

10%-20%: 20% (29%/27%/15%/26%)

21%-30%: 10% (19%/17%/12%/16%)

31%-50%: 10% (9%/13%/7%/15%)

75%: 10% (2%/2%/3%/2%)

Less than 10%: 0% (37%/36%/26%/37%)

Question 8. What is the average home price in your area?


Less than $150K: 60% (18%/18%/16%/11%)

$151K-$300K: 40% (55%/52%/56%/59%)

$301K-$500K: 0% (18%/21%/20%/21%)

$501K-$800K: 0% (6%/7%/5%/6%)

$801K+: 0% (3%/2%/3%/2%)

Question 9:



31-40%: 30% (9%)

41-50%: 20% (9%)

11-20%: 20% (14%)

None: 20% (11%)

21-30%: 10% (11%)

1-10%: 0% (25%)

51%+: 0% (21%)

Question 10:



Strongly disapprove: 40% (38%/40%/24%)

Somewhat approve: 20% (26%/21%/31%)

Somewhat disapprove: 20% (18%/19%/19%)

Strongly approve: 20% (18%/20%/26%)

* Data not available

See National and Regional Survey Results

Try HomeGain’s Instant Home Values tool

Florida home prices:

Jacksonville home prices

Miami home prices

Miami Beach home prices

Tampa home prices

Saint Petersburg home prices

Orlando home prices

Hialeah home prices

Fort Lauderdale home prices

Tallahassee home prices

Melbourne home prices

Cape Coral home prices

Port Saint Lucie home prices

Merritt Island home prices

Brandon home prices

Clearwater home prices

Coral Springs home prices

Kendall home prices

Lakeland home prices

Palm Bay home prices

Gainesville home prices

Sunrise home prices

Melbourne homes for sale

Melbourne real estate

View Florida homes for sale

Search Florida real estate

Find U.S. homes for sale and search U.S. real estate on homegain.com

HomeGain real estate home values survey results are based on responses of over 1,150 Realtors in the United States. State survey results for Q2 are available for the following states : California home prices, Texas home prices, Florida home prices, New York home prices, New Jersey home prices, Illinois home prices, Georgia home prices, Arizona home prices and North Carolina home prices,Virginia home prices survey , Massachusetts home prices survey ,Washington home prices survey,Colorado home prices survey

Third quarter survey data is available for California home values,

Louis Cammarosano




2 Comments on “HomeGain Releases 4th Quarter Nevada Home Prices Survey Results”


Thanks for the good info in your posts.


One ex-Realtors opinion, now that I am free of Realtors I have some opinions to share:

Finally got into a smart office with no NAR! Breath of fresh air. Real ethical people, not those pretending to be good. Not paying a price to believe it. Ethics should be free!

I HATE NAR, WAR, SKAR & SCCAR too! Nearly a decade of problems with them. I am not meaning to offend those agents thet do not know the true intent behind NAR.

They have attacked their own current members, our offices. In fact, they don’t know who their members are or aren’t, as they are incompetent! Their web sites are full of old offices that havent’ been their members in years! Our brokers withdrew our membership as we got sick of getting letters saying to stop using the trademark when we were paying members. Of course, we all had a party to celebrate that wonderous event!!! NAR doesn’t update to deceive the public! We estimate that less than 15% of all agents in WA are Realtor membersand not the large numbers they put out there. We did a count and subtracted the offices that were closed down, changed names or left NAR embership not the extra offices that NAR has had the states hey leave up on their web sites to deceive the publie.

I was embarrassed to be a member. Only a fraction of the money we pay goes to protect rights. The rest goes into their fat corporate pockets, salaries, trips, etc. or are used to fight over stupid trademarks or words! Think about what you are really paying for!

Wake up people!!!

Mafia style tactics, as they threaten and attack their own members! Loyal members for decades are being attacked by NAR’s legal council, Chris Osborn. Who doesn’t research who or what a party has done before he files a lawsuit. This is unconshinable behavior, not becoming of a BAR member! He threatedn or files irresponsible suits against those that have been paying members for decades. Giving them no reason or examples for the suit.

Pay us our you die!!! Who wants to be in that type of membership?

Shouldn’t memberships be an option for those who wish to be members? Isn’t this America? How can they get away with racketeering? Strong arming and cause good agents grief!

NAR stinks!!!

In my opinion. avoid their membership always or they may try to get you!! That’s what bullies do!

BE ethical avoid joining the National Association of Realtors!!!

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