Incline Village, NV
Mon Mar 11 2019
This week the median list price for Incline Village, NV is $1,672,500 with the market action index hovering around 24. This is less than last month's market action index of 27. 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
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward 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.