Incline Village real estate market update, Lake Tahoe, Nevada
January 18, 2010 6:05 pm Incline Village Information, Incline Village Real Estate, Lake Tahoe Information, Listings, Market Information, New Listings, UncategorizedIncline 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
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
