Incline Village, NV 89451

Mon Jul 08 2019 

This week the median list price for Incline Village, NV 89451 is $1,535,000 with the market action index hovering around 25. This is less than last month's market action index of 27. Inventory has held steady at or around 37. 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

25

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

$1,535,000

Per Square Foot

$533

Days on Market

190

Price Decreased

35%

Price Increased

3%

Relisted

0%

Inventory

37

Median House Rent

$3,500

Most Expensive $15,750,000

Least Expensive $495,000

Market Action Index 

Slight Buyer's Advantage

25

Median List Price 

 Market Segments

Click and drag in the plot area to zoom in.

 

Avg 7-Day

Avg 90-Day

Jan 2017

May 2017

Sep 2017

Jan 2018

May 2018

Sep 2018

Jan 2019

May 2019

$1.2M

$1.3M

$1.4M

$1.5M

$1.6M

$1.7M

$1.8M

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 5,550 0.25 - 0.5 acre 5 5 17 0 0 351

$3,200,000 5,337 0.25 - 0.5 acre 5 4 34 0 1 206

$1,325,000 2,704 0.25 - 0.5 acre 4 3 35 1 0 140

$707,000 1,801 6,500 - 8,000 sqft 3 2 44 2 1 77