Incline Village, NV 89451

Tue Nov 20 2018 
This week the median list price for Incline Village, NV 89451 is $1,550,000 with the market action index hovering around 26. This is less than last month's market action index of 28. Inventory has held steady at or around 41. Click here to stay informed with the Incline Village market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

 Today
 Last Month
100026

Slight Buyer's Advantage

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Incline Village market.
Median List Price
$1,550,000
Per Square Foot
$539
Days on Market
253
Price Decreased
34%
Price Increased
5%
Relisted
63%
Inventory
41
Median House Rent
$3,500
Most Expensive   $10,500,000
Least Expensive   $511,000
Market Action Index 
Slight Buyer's Advantage
26
Avg 7-DayAvg 90-DayNov 2015Apr 2016Aug 2016Dec 2016Apr 2017Aug 2017Dec 2017Apr 2018Aug 2018$1.2M$1.3M$1.4M$1.5M$1.6M$1.7M$1.8M

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.