snp iv best buy list - september 1, 2014

Incline Village Best Buy List

September 1st, 2014

Incline Village Best Buy List Residential

110 Country Club Drive · Suite 100 · Incline Village · NV · 89450


Incline Village Best Buy List Condominium


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

snp iv best buy list - september 1, 2014

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