Torry Johnson's Market Report

Incline Village, NV

Single-Family Homes

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



Incline Village, NV

Fri Feb 28 2020
This week the median list price for Incline Village, NV is $1,498,900 with the market action index hovering around 24. This is less than last month's market action index of 25. Inventory has held steady at or around 93. 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

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Incline Village, NV

Fri Feb 28 2020
This week the median list price for Incline Village, NV is $1,498,900 with the market action index hovering around 24. This is less than last month's market action index of 25. Inventory has held steady at or around 93. 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

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Incline Village market.
Median List Price $1,498,900
Per Square Foot $485
Days on Market 114
Price Decreased 34%
Price Increased 12%
Relisted 10%
Inventory 93
Median Rent $2,950
Most Expensive $11,750,000
Least Expensive $259,000
Market Action 24
Slight Buyer's Advantage

Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. 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
$6,750,000 4,839 0.5 - 1 acre 5 4 30 0 0 141
$1,999,995 4,235 0.25 - 0.5 acre 4 3 38 0 2 98
$1,146,200 2,772 0.25 - 0.5 acre 4 3 39 3 1 64
$634,000 4,399 0.25 - 0.5 acre 4 3 27 0 0 147