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
100025

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
Avg 7-DayAvg 90-DayJan 2017May 2017Sep 2017Jan 2018May 2018Sep 2018Jan 2019May 2019$1.2M$1.3M$1.4M$1.5M$1.6M$1.7M$1.8MFriday, Dec 28, 2018● Avg 90-Day: $1,580,576

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