From the most recent housing market report for Incline Village, Nevada…
This week the median list price for Incline Village, NV is $2,097,497 with the market action index hovering around 30. This is about the same as last month’s market action index of 30. Inventory has held steady at or around 42.
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.
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.
Click on the chart below to access the entire market report for Incline Village.
Click here to see homes for sale in Incline Village.