Incline Village Real Estate Market Update – Feb. 28, 2010

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MLS Information Feb. 19 – Feb. 28

New Listings

Price Changes

Under Contract

The following status’ apply for listings “Under Contract” :

P = Pending Bank Approval (REO, Short Sale, Foreclosure)

C = Contingent

U = Under Contract – Contingencies Released

S = Sold

          The only lakefront activity for 2010 is the sale pending on “The Tahoe Treasure”  listed at $12,000,000. This sale represents 573 Lakeshore Blvd, two of four parcels are under contract. The sale includes a buildable parcel and resident which encompasses a buildable lot and a residence both on over 4 acres.
          Two beautiful residents within this lake front compound which totals  8.75 acres are available for purchase . They are spacious parcels with approximately 2 acre lots surrounded by pristine landscaping and Lake Tahoe at your doorsteps. Click the images below for details on these listings.
Sold in 2010

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

 

Homes

Condo’s

PUD’s (townhomes)

Listings

164

137

38

Highest price

$34,000,000

$2,100,000

$1,995,000

Median price

$1,565,000

$450,000

$964,000

Lowest price

$399,000

$169,950

$335,000

 

Homes

Condo’s

PUD’s (townhomes)

Sold

14

9

6

Highest price

$3,750,000

$1,850,000

$960,000

Median price

$1,162,500

$319,900

$497,500

Lowest price

$410,000

$215,250

$290,000

Current Residential Listings:

Low - 803 Geraldine, $399,000

Median687 Cristina, $1,580,000

High593 Lakeshore, $34,000,000