First American Market Report
Crystal Bay, NV
Single-Family Homes
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Crystal Bay, NV
Thu Jan 17 2019
This week the median list price for Crystal Bay, NV is $39,750,000 with the market action index hovering around 25. This is an increase over last month's market action index of 21. Inventory has held steady at or around 1.
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 |
Slight Buyer's Advantage
In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.
Real-Time Market Profile
| Median List Price | $39,750,000 | |
| Per Square Foot | $4,572 | |
| Days on Market | 1190 | |
| Price Decreased | 0% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 1 | |
| Median House Rent | ||
| Most Expensive | $39,750,000 | |
| Least Expensive | $39,750,000 | |
| Market Action Index Slight Buyer's Advantage | 25 |
Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.
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 |
|---|---|---|---|---|---|---|---|---|
| $NaN | NaN | N/A | NaN | NaN | NaN | NaN | NaN | NaN |
| $NaN | NaN | N/A | NaN | NaN | NaN | NaN | NaN | NaN |
| $39,750,000 | 8,694 | 0.5 - 1 acre | 4 | 4 | 11 | 0 | 1 | 1190 |
| $39,750,000 | 8,694 | 0.5 - 1 acre | 4 | 4 | 11 | 0 | 1 | 1190 |