Incline Village, NV 89451

Mon Jul 01 2019 

This week the median list price for Incline Village, NV 89451 is $1,771,500 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 36. 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

100

0

24

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.

 

Real-Time Market Profile

Never miss important changes in the Incline Village market.

Median List Price

$1,771,500

Per Square Foot

$549

Days on Market

201

Price Decreased

28%

Price Increased

3%

Relisted

0%

Inventory

36

Median House Rent

$3,500

Most Expensive $15,750,000

Least Expensive $495,000

Market Action Index 

 

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

 

Market Segments

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

 

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM

$5,445,000 5,951 0.5 - 1 acre 5 5 17 1 0 348

$3,250,000 4,896 0.25 - 0.5 acre 5 4 32 2 0 208

$1,425,000 2,834 0.25 - 0.5 acre 4 3 35 0 1 160

$689,000 1,776 4,500 - 6,500 sqft 3 2 48 2 0 90