First American Market Report

Incline Village, NV

Single-Family Homes

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Incline Village, NV

Wed Mar 20 2019
This week the median list price for Incline Village, NV is $1,695,000 with the market action index hovering around 24. This is less than last month's market action index of 26. Inventory has held steady at or around 29. 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

Slight Buyer's Advantage

While prices have recently plateaued, 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.

Incline Village, NV

Wed Mar 20 2019
This week the median list price for Incline Village, NV is $1,695,000 with the market action index hovering around 24. This is less than last month's market action index of 26. Inventory has held steady at or around 29. 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

Slight Buyer's Advantage

While prices have recently plateaued, 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 $1,695,000
Per Square Foot $563
Days on Market 214
Price Decreased 17%
Price Increased 3%
Relisted 3%
Inventory 29
Median House Rent $8,000
Most Expensive $15,950,000
Least Expensive $480,000
Market Action Index
Slight Buyer's Advantage
24

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$3,998,000 5,648 0.5 - 1 acre 5 5 20 0 0 339
$3,300,000 4,896 0.25 - 0.5 acre 5 5 34 0 0 270
$1,490,000 2,863 0.25 - 0.5 acre 4 3 34 0 1 164
$642,500 1,400 6,500 - 8,000 sqft 3 2 49 0 0 100