When it comes to buying and selling homes for sale in Incline Village, knowing the current market conditions is crucial. Especially as we get ready to head into the busy spring market. During this time we usually see quite a bit of properties come on the market and buyers come out in droves. Details like days on market, average and median sold price and month supply can guide both parties. Sellers get an idea of home values, how quickly properties are moving and what their competition looks like. Buyers get an idea of what they can purchase for their budget and how fast they have to craft their offer. The best place to get this information is from an Incline Village Realtor. We have the best resources and tools to give you an accurate analysis on what is happening. So how is Incline Village looking currently? Let’s check it out.
At the time this blog was published, there were 77 active residential listings on the Incline Village real estate market. The average list price for homes for sale in Incline Village is $3,468,599, which is up from last month’s $3,169,248. The average price per square foot is $758.16 and the average days on market is 203. The average sold price for homes for sale in Incline Village based on the last 180 days is $1,569,455 while the average price per square foot is $492.78 and the average days on market is 204. At the time this blog was published there were 14 Incline Village homes for sale that were pending.
As far as Incline Village condos are concerned, there were 30 actives with an average list price of $858,539, an average price per square foot of $541.94 and 166 days on market. There were 79 solds for the last 180 days with an average sold price of $568,642, price per square foot of $400.38 and 121 days on the market. There were 9 Incline Village condos pending at the time of publish.
It is important to note that these numbers are for Incline Village real estate in general and do not include Crystal Bay or specific neighborhoods within the area. Each neighborhood has their own set of stats so it is really important to work with a local Incline Village realtor who knows the various neighborhoods and can provide you with a truthful idea of what is happening in the areas you are interested in buying and selling. For more information on Incline Village real estate, feel free to call Carole (775) 848-6242 or Jenna Rose (775) 846-3856.