ncline Village, NV 89451

Thu Dec 06 2018 
This week the median list price for Incline Village, NV 89451 is $1,547,500 with the market action index hovering around 26. This is less than last month's market action index of 27. Inventory has held steady at or around 40. 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
$1,547,500
Per Square Foot
$533
Days on Market
210
Price Decreased
30%
Price Increased
3%
Relisted
53%
Inventory
40
Median House Rent
$3,400
Most Expensive   $10,500,000
Least Expensive   $511,000
Market Action Index 
Slight Buyer's Advantage
26
Avg 7-DayAvg 90-DayDec 2015Apr 2016Aug 2016Dec 2016Apr 2017Aug 2017Dec 2017Apr 2018Aug 2018Nov 2018$1.2M$1.3M$1.4M$1.5M$1.6M$1.7M$1.8MFriday, Dec 9, 2016‚óŹ Avg 7-Day: $1,375,000

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.