From the most recent housing market report for Incline Village, Nevada…
This week the median list price for Incline Village, NV is $1,500,000 with the market action index hovering around 24. This is about the same as last month’s market action index of 24. Inventory has held steady at or around 86.
The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.
Click on the Market Segments table below to access the entire market report for Incline Village.
Click here to see homes for sale in Incline Village.
