Incline Village, NV
Wed Mar 06 2019
This week the median list price for Incline Village, NV is $1,745,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 32. 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 seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.
Each segment below represents approximately 25% of the market ordered by price.