Incline Village, NV
Mon Feb 18 2019
This week the median list price for Incline Village, NV is $1,672,500 with the market action index hovering around 27. This is an increase over last month's market action index of 24. Inventory has held steady at or around 30. 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.
Slight Buyer's Advantage
Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.
The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.