Torry Johnson's Market Report

Incline Village, NV

Single-Family Homes

775.790.4637 | tjohnson@chaseinternational.com | www.torryjohnson.com



Incline Village, NV

Tue Jan 21 2020
This week the median list price for Incline Village, NV is $3,022,000 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has held steady at or around 34. Click here to stay informed with the Incline Village market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer's market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

Incline Village, NV

Tue Jan 21 2020
This week the median list price for Incline Village, NV is $3,022,000 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has held steady at or around 34. Click here to stay informed with the Incline Village market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer's market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

Real-Time Market Profile

Never miss important changes in the Incline Village market.
Median List Price $3,022,000
Per Square Foot $552
Days on Market 249
Price Decreased 21%
Price Increased 3%
Relisted 0%
Inventory 34
Median Rent $2,975
Most Expensive $11,750,000
Least Expensive $549,000
Market Action 25
Slight Buyer's Advantage

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$6,975,000 6,298 0.25 - 0.5 acre 5 5 20 0 0 360
$3,575,000 5,160 0.25 - 0.5 acre 5 4 25 0 0 333
$1,600,000 3,978 0.25 - 0.5 acre 4 4 40 1 0 196
$1,049,999 2,632 0.25 - 0.5 acre 4 3 40 2 0 128