Incline Village housing market

From the most recent housing market report for Incline Village, Nevada…

This week the median list price for Incline Village, NV is $2,195,000 with the market action index hovering around 25. This is less than last month’s market action index of 29. Inventory has held steady at or around 37.

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 terms of supply and demand, the market is getting cooler – more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer’s market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

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.

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This week’s real estate headlines

Here are a few national real estate-related stories and news pieces that came across my screen this past week…

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Gorgeous Lake Tahoe video

Check out this beautiful video from the Tahoe Fund recapping 35 environmental improvement projects around Lake Tahoe.

Narrated by Olympic and World Cup champion, Jonny Moseley, this video features gorgeous cinematography of Lake Tahoe and the surrounding lakes, meadows and mountains of the Sierra Nevada.

Tahoe Fund and the Power of Philanthropy from Tahoe Fund on Vimeo.

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This week’s real estate headlines

Here are a few national real estate-related stories and news pieces that came across my screen this past week…

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Who is moving to Reno, Nevada?

Here is a great infographic from the National Association of Realtors® showing the characteristics of domestic migration to Reno, Nevada.

Lots of interesting numbers here. For example…

  • The median age of recent movers to Reno, NV is 29 years old
  • 32% of recent movers are single males
  • 71% of recent movers are renters; while 29% are homeowners

If you’d like to explore migration flows for other metros, check out this tool below…

These stats are compiled from the American Community Survey (ACS) 2013 – 2017 migration flows.

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This week’s real estate headlines

Here are a few national real estate-related stories and news pieces that came across my screen this week…

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Introducing new property search functionality; and other upgrades

This site has undergone a couple recent changes that I think you’ll appreciate.

This site is now an HTTPS secured site

What the heck is HTTPS? Well, without going into the technical details, just know that this site employs a new level of security. If you would like to read about the technical aspects of HTTPS security, see this article.

This change is behind the scenes and should not impact readers/users of this blog. Even if you have the prior http:// version of the renorealtyblog.com link bookmarked, clicking on that URL will automatically redirect you to https://renorealtyblog.com. Go ahead and try it. 🙂

The only difference that you will notice is that now, instead of your browser displaying “Not Secure – renorealtyblog.com” in the URL field, it now displays a padlock symbol to the left of renorealtyblog.com. Check it out above.

New property search functionality

The previous property search functionality has been replaced with a new updated search capability. This new property search allows you to search for properties by:

  • city
  • neighborhood
  • address
  • school district
  • zip code

…and save your custom searches.

new property search screen

I think you’ll find these new capabilities useful. One thing to note, these new search features currently reside on my personal Keller Williams site. So, at the moment, when you click on “Search for Properties” on this blog, a new window to my KW site will open.

Go ahead and give it a try: Search for Properties

Play around with it and let me know what you think in the comments below.

New Listing Notifications

Lastly, the “New Listing Notifications” that was tied to the prior search functionality of this site will no longer be available. However, I have a new up-to-date tool available to alert you of new listings (matching your desired criteria) hitting the market. I am happy to assist in setting up new listing alerts for you. Just reach out by direct message, email or phone.

My direct line is 775-722-4011 (mobile) and my email is guyjohnson@hotmail.com

As always, thank you for reading and using the blog!

Posted in General, Tech Tools | Tagged | 1 Comment

RSAR Market Reports for Reno, Sparks, and Fernley, Nevada – November 2019

The Reno/Sparks Association of REALTORS® (RSAR) has released November’s Market Reports for Reno, Sparks, and Fernley, Nevada.

The following infographics highlight each market’s housing numbers. Click on the graphics to access the entire reports.

Reno infographic

Sparks infographic

Fernley infographic

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