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
