Below please find the most recent housing market report for Incline Village, Nevada.
From this week’s report…
This week the median list price for Incline Village, NV is $1,650,000 with the market action index hovering around 30. This is an increase over last month’s market action index of 26. Inventory has held steady at or around 47. 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.
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Click on the chart below to access the entire market report for Incline Village.
Click here to see homes for sale in Incline Village.