snp iv best buy list - september 1, 2014
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Incline Village Best Buy List
September 1st, 2014
Incline Village Best Buy List Residential
110 Country Club Drive · Suite 100 · Incline Village · NV · 89450
110 Country Club Drive · Suite 100 · Incline Village · NV · 89450
Incline Village Best Buy List Residential
Incline Village Best Buy List Residential
110 Country Club Drive · Suite 100 · Incline Village · NV · 89450
110 Country Club Drive · Suite 100 · Incline Village · NV · 89450
Incline Village Best Buy List Condominium
110 Country Club Drive · Suite 100 · Incline Village · NV · 89450
Incline Village Best Buy List Freestanding PUD
32 12131
432.0 42
3.0
2
35
3.0 26
46
4
3
43
$ 369,950
2
0
27
3.0
12.0
1280
26
$ 315,000
2.0
63
$ 478,000
3.0$ 969,500
28
0
1455
Prices are climbing and we're nearing the market's all time high.A persistent drop of the Market Action Index into the Buyer'szone will be a leading indicator of the price strength subsiding.
Home sales have been exceeding new inventory for several weeks.While still a Buyer's market, prices seem to have responded bymoving upward. If the demand trends continue, expect prices tokeep marching upward, especially once we see a Seller's Market.
Inventory and days-on-market are climbing, while the MarketAction Index has been flat recently. The trends point to aweakening market.
INCLINE VILLAGE, NVSierra NevadaProperties ExecutiveSummary
26
1346
2.0
Monday September 1, 2014
The median list price in INCLINE VILLAGE, NV this week is$438,000.
Investigate the market in quartiles -where each quartile is 25% of homesordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Beds Baths Age Inventory New Absorbed DOMSquare Feet
Sierra Nevada Properties | (775) 689-8228 | www.snphomes.com
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+ == ≠≠
≠=
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2013 Altos Research LLC
Condos - Townhomes
25.6
Percent Relisted (reset DOM)
1416
2.0
0 %
Median Number of Bathrooms
47
Median List Price
Average Days on Market (DOM)$ 298
Percent Flip (price increased)Median House Size (sq ft)
$ 438,000
26 %
3.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
5 %Percent of Properties with Price Decrease
Buyer's Advantage
±+
=
==
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Trends
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
90-Day Rolling Average7-Day Rolling Average Buyer/Seller Cutoff
90-Day Rolling Average7-Day Rolling Average
24 04986
783.0 31
3.0
2
102
4.0 41
80
6
1
0.50 - 1.0acre
37
$ 949,000
6
2
41
5.0
0.25 - 0.50acre
24.0
1734 0.25 - 0.50acre
41
$ 579,000
4.0
177
0.25 - 0.50acre$ 1,500,000
5.0$ 2,997,250
30
0
3264
Prices in this zip code have been on a downward trend recentlyand this week, while essentially flat, doesn't break us out of thatcycle.
The market has been consistently cool for several weeks. Demandlevel are low relative to the available inventory. It's a Buyer'smarket and prices continue to fall. Look for a persistent shift inMarket Action before prices plateau or begin to rise again.
The Market Action Index has been trending down lately, whileinventory and days-on-market are climbing. The trends imply aweakening market.
INCLINE VILLAGE, NVSierra NevadaProperties ExecutiveSummary
40
2646
2.0
Monday September 1, 2014
The median list price in INCLINE VILLAGE, NV 89451 this week is$1,195,000.
Investigate the market in quartiles -where each quartile is 25% of homesordered by price.
Most expensive 25% of properties
Upper-middle 25% of properties
Lower-middle 25% of properties
Least expensive 25% of properties
Quartile Median Price Lot Size Beds Baths Age Inventory New Absorbed DOMSq. Ft.
Sierra Nevada Properties | (775) 689-8228 | www.snphomes.com
No change Strong upward trend Strong downward trend
Slight upward trend Slight downward trend±+ == ≠≠
≠=
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2013 Altos Research LLC
Single Family Homes
Median Lot Size
23.0
Percent Relisted (reset DOM)
2883
3.0
3 %
Median Number of Bathrooms
109
Median List Price
Average Days on Market (DOM)$ 412
Percent Flip (price increased)
0.25 - 0.50 acreMedian House Size (sq ft)
$ 1,195,000
29 %
4.0
Market Action Index
Median Number of Bedrooms
Asking Price Per Square Foot
10 %Percent of Properties with Price Decrease
Buyer's Advantage
≠≠
±+
=
≠≠
Bottom/Fourth
Lower/Third
Upper/Second
Top/First
This Week
Supply and Demand
Real-Time Market Profile Trend
Price
Price Trends
Market Action Index
The Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff
7-Day Rolling Average 90-Day Rolling Average