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

Wed Jul 17 2019
This week the median list price for Incline Village, NV is $1,490,000 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 37. 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

Wed Jul 17 2019
This week the median list price for Incline Village, NV is $1,490,000 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 37. 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 $1,490,000
Per Square Foot $510
Days on Market 194
Price Decreased 35%
Price Increased 3%
Relisted 0%
Inventory 37
Median House Rent $4,300
Most Expensive $9,998,000
Least Expensive $495,000
Market Action Index
Slight Buyer's Advantage
25

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

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
$4,800,000 5,550 0.25 - 0.5 acre 5 5 20 0 1 349
$2,350,000 4,896 0.25 - 0.5 acre 5 4 34 0 0 232
$1,300,000 2,598 0.25 - 0.5 acre 4 3 35 1 0 122
$707,000 1,801 6,500 - 8,000 sqft 3 2 44 0 0 84