Incline Village, Lake Tahoe, January 2010 Market Update

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Incline Village & Crystal Bay, Nevada, Lake Tahoe

Real Estate Market Activity for January 29th, 2010

New listings links:      Single Family Homes — Condos

Under Contract (Escrow) links: Residential Listings Under Contract — Condos Under Contract — PUDs Under Contract

Sold Links: Listings Sold in January 2010

Price Changes in the past week : Residential Price Changes —-  Condo Price Changes

Snap shot of current market- Incline Village & Crystal Bay, Nevada, Lake Tahoe

  Homes Condo’s PUD’s (townhomes)
Listings 157 131 41
Highest price $34,000,000 $2,100,000 $1,995,000
Median price $1,600,000 $449,000 $979,000
Lowest price $389,000 $159,900 $335,000
  Homes Condo’s PUD’s (townhomes)
Sold 7 6 3
Highest price $3,750,000 $1,850,000 $595,000
Median price $1,075,000 $318,450 $321,000
Lowest price $410,000 $215,250 $290,000

Incline Village, Lake Tahoe, real estate, Ski resort update Jan. 22 , 2010

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Incline Village & Crystal Bay, Lake Tahoe ,real estate, weather report and links to all resorts.

Weather Alert-Road conditions Wow  seems to be the best word to describe the storms rolling through the Sierra’s. Incredible conditions await snowboarders and skier’s! There is well over  two feet of snow at  lake level and every resort will be at full capacity so get here early and enjoy.

To check out the local ski resorts click on the link below for conditions and resort information:

Squaw Valley     Kirkwood       Northstar

Boreal        Mt. Rose   Mammoth

Sugar Bowl Alpine Meadows Diamond Peak

One week review for Incline Village Real Estate

Activity for the week of Jan. 14-22  Each link will take you directly to the property updates.

Condo’s = New Listings,  Price Changes, Under contract,  No Closings this week.

Single family homes= New Listings,   Price Changes      Under Contract    Sold   Expired/Withdrawn

Planned Unit Developments (townhomes) No Activity this week

Incline Village Short Sale Home on Championship Course

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361 Country Club Drive- Short Sale listed at $1,000,000! Incredible Value!  This one will not last with .53 acre lot, 4 bed, 3 full baths, 2 car garage plus additional parking.  

Virtual Tour: http://www.TahoeHomeTours.com/IDXtour.asp?tour=361

Lakeshore Realty office activity is stepping up, the office has 17 escrows a strong indication sales activity is on the uptake for 2010.

The snow storm delivered as promised so this is the weekend to come enjoy the slopes!

Enjoy!

Incline Village real estate market update, Lake Tahoe, Nevada

Incline Village Information, Incline Village Real Estate, Lake Tahoe Information, Listings, Market Information, New Listings, Uncategorized No Comments

Incline Village  has a low inventory but… what is available offers impressive investment opportunities for buyers. Incline Village is one resort village which has the staying power with a life style and amenities no other lake front community can offer.
Following is the latest statistical information on Incline Village, Nevada including active listings, properties under contract and solds for this year.
Links will take you to additional information and views of sample properties.
Please contact us, Chris and Patti Plastiras,  for any additional information or to sign up (no obligation) for updates on properties that interest you.

Incline Village, Crystal Bay

 Condominiums:

Jan. 18, 2010 Listings Highest $ Median $ Lowest $
Active 134 2,100,000 449,000 81,000
Under contract 11 369,000 238,000 225,000
Sold 2 1,850,000 ———– 225,000

Comments: Highest number of listings ‘for sale’ are found in the McCloud Complex w/14   link to McCloud listings
 Sample of  Bitterbrush  litings 12 on market     
           ”            Mountain Shadows  8 on market
Lakefront complexes = 10 units on the market,  link  to all  lakefront listings
Sold: Crystal Baycove lakefront, Listed @t $1,998,000 Sold @ $1,850,000

Homes:

Jan. 18, 2010 Listings Highest $ Median $ Lowest $
Active 160 34,000,000 1,600,000 389,000
Under contract 17 10,750,000 1,585,000 499,000
Sold 4 3,750,000 951,500 615,000

 Sold Homes Incline Village  as Jan. 18, 2010    Average days on the market  to sell = 202

                    Average List    Median List         Lowest List         Highest List

Asking       1,850,000         1,049,000             599,000        4,200,000

Sold            1,567,000        951,500                 615,000          3,750,000

Average price differential between asking and selling 79.79 %

Planned Units Developments/ Pud’s(Freestanding town homes)

Jan. 18, 2010 Listings Highest $ Median $ Lowest $
Active 44 1,995,000 964,500 335,000
Under contract 11 990,000 990,000 285,000
Sold 1 ———- 290,000 ——–

Link to review the 8 pud’s under contract  for Incline Village

Link to  the one sold Pud

Planned Unit Developments are freestanding town homes with home owner associations.

Out of the 44 listings 18  have reduced their  price since listing

Links give samples of  Pud’s in various complexes:  Incline Creek Estates=5,    Tyrolian Village= 9,     Country Club Villas= 5

Link to review the 8 pud’s under contract  for Incline Village

2009 Statistics

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Visit the Market Trends section of our website to view Residential, Condominium, Lots and Land, and PUD charts for 2009.

Lakeshore Realty provides weekly updates as well as this annual posting, Happy New Year!!