Tuesday, February 4, 2020 / by Callie O'Brien
Drakulich Real Estate: Incline Village Market Report: 2/4
The Market by the Numbers
Median List Price: $3,165,000
Price Per Sqft: $568
Days on Market: 264
Price Decreased: 18%
Price Increased: 3%
Inventory: 33
Median Rent: $3,000
Most Expensive: $11,750,000
Least Expensive: $549,000
Market Action Index: 25 (Sight Seller’s Advantage)
The Market by the Quartiles
Top 25% of Properties:
Median Price: $6,975,000
Sqft: 6,298
Lot Size: .25 - .5 acres
Beds: 5
Baths: 5
Age: 20
Days on Market: 374
Upper-Middle 25% of Properties:
Median Price: $3,575,000
Sqft: 5,160
Lot Size: .25 - .5 acres
Beds: 5
Baths: 4
Age: 25
Days on Market: 347
Middle-Lower 25% of Properties:
Median Price: $1,799,997
Sqft: 3,942
Lot Size: .25 - .5 acres
Beds: 4
Baths: 4
Age: 40
Days on Market: 183
Lowest 25% of Properties:
Median Price: $1,049,999
Sqft: 2,632
Lot Size: .25 - .5 acres
Beds: 4
Baths: 3
Age: 40
Days on Market: 161