Sat Apr 04 2020
This week the median list price for Incline Village, NV is $2,850,000 with the market action index hovering around 27. This is an increase over last month's market action index of 25. Inventory has held steady at or around 81.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$2,850,000|
|Per Square Foot||$595|
|Days on Market||133|
|Slight Buyer's Advantage|
This week prices bumped up a bit but the trend of recent weeks is generally downward. A pickup in demand will be reflected in the Market Action Index, so watch that chart to try to identify a trough in the market.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$8,382,500||6,488||0.5 - 1 acre||5||5||21||0||0||161|
|$3,224,500||5,243||0.25 - 0.5 acre||5||5||27||0||1||215|
|$1,594,500||3,783||0.25 - 0.5 acre||4||3||37||2||1||64|
|$975,000||2,108||8,000 - 10,000 sqft||3||3||40||1||0||93|