First Centennial Title Market Report

Incline Village, NV

Single-Family Homes

Reno/Sparks: 775-689-8510 | Carson/Douglas: 775-841-6580 | Incline: 775-831-8200



Incline Village, NV

Mon Nov 19 2018
This week the median list price for Incline Village, NV is $1,560,000 with the market action index hovering around 26. This is less than last month's market action index of 28. Inventory has held steady at or around 42. 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 been at a plateau for a number of weeks, 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

Mon Nov 19 2018
This week the median list price for Incline Village, NV is $1,560,000 with the market action index hovering around 26. This is less than last month's market action index of 28. Inventory has held steady at or around 42. 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 been at a plateau for a number of weeks, 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 $1,560,000
Per Square Foot $544
Days on Market 251
Price Decreased 36%
Price Increased 5%
Relisted 62%
Inventory 42
Median House Rent $3,500
Most Expensive $10,500,000
Least Expensive $511,000
Market Action Index
Slight Buyer's Advantage
26

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$3,996,500 5,229 0.5 - 1 acre 5 5 19 0 0 337
$2,022,500 3,866 0.25 - 0.5 acre 4 4 36 0 0 221
$1,450,000 2,748 4,500 - 6,500 sqft 4 3 24 0 0 236
$775,000 1,944 8,000 - 10,000 sqft 3 2 38 1 1 217