• North Lake Tahoe April 2013 Real Estate Sales Comparison

Wow what a great month April was when it comes down to home sales. Lake Tahoe, Incline Village & Crystal Bay real estate market home sales more than quadrupled in April 2013 compared to the previous two years, also the price differential is at 100% this year, telling us that the seller received the asking offer on their homes. Is the first time in a long time when this happened. The condominium report shows similar data.

• Residential Home Sales Report

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- Please note that the report above was created using data extracted from the MLXChange System and reflects Residential Home sales.

• Condominium Sales Report

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- Please note that the report above was created using data extracted from the MLXChange System and reflects Condominium sales.

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

Incline Village and Crystal Bay 2013 First Quarter Sales Report

Below you’ll find “Sold” property data for Incline Village and Crystal Bay real estate market, both located on the North Shore of Lake Tahoe, Nevada. The charts show three categories of properties: Residential, Condominiums, Town homes (Planned Unit Developments).

Please note that the reports above were created using data extracted from the MLXChange System and reflects property sales starting January 1 through March 31

• North Lake Tahoe Real Estate Sales August 2012 Comparison

In August the number of Sold Residential properties had a significant increase compared to 2011 and 2010 consolidating July numbers and showing a healthier Real Estate market in the Incline Village and Lake Tahoe area. Helped by a lower Sales Price there were 15 Homes sold in August 2012, compared to only 9 in August 2011 and 7 in August 2010.

• Residential Home Sales Report

- Please note that the report above was created using data extracted from the MLXChange System and reflects Residential Property sales.

Also the Condominium Sales had a big jump to 18 Sold Condominiums in August 2012 compared to 9 Sold Condominiums August 2011 and August 2010.

• Condominium Sales Report

- Please note that the report above was created using data extracted from the MLXChange System and reflects Condominium sales.

SOLD (Removed from list)

872 Tanager – Pinebrook #28, APN 132-570-11, Rec. 7/6/12,.Pennymac Corp., 6101 Condor Dr., #200, Moorpark, CA 93021 – Sold for $73,500

522 McDonald, APN 124-072-08, Rec. 7/17/12 Bank of America, 4161 Piedmont Pkway., Greensboro, NC 27410 – Sold for $530,000

801 Northwood – Incline Manor #3, APN 132-030-03, Rec. 7/25/12 – Sold for $163,000

strong>466 Winding Way, APN 124-043-62, Rec. 7/31/12 – Sold for $600,000

4 Cal Neva Dr. – Crystal View Condos #11, APN 123-281-06, Rec. 8/1/12 – Sold for $295,000

635 Alpine View Dr., APN 131-212-12, Rec. 7/12/12 – Sold for $725,000

853 McCourry, APN 124-810-08, Rec. 8/2/12 – Sold at Trustee’s Sale to third party for $351,001.

NEW REO:

700 College – Mt. Rose Chalets #23, APN 129-252-20, Rec. 7/31/12, Deutsche Bank Nat’l Trust Co. c/o C/Ocwen Loan Servicing, 1661 Worthington Rd., #100, West Palm Beach, FL 33409

NEW NOD:

945 Harold, APN 131-176-10, TS#NV09003579-11-1, NOD Rec. 7/25/12

NEW NOTICES OF SALE:

971 Tyner, APN 125-171-16, TS#NV08000278-11-1 & TS#11-33047-BA-NV, NOD Rec. 5/19/11 & 9/16/11 – TRUSTEES SALE ON. 8/7/12 SUSPENDED

1060 Mill Creek, APN 130-203-12, TS#NV-11-419619-CL, NOD Rec. 4/8/11 – TRUSTEES SALE POSTPONED UNTIL MON. 9/10/12  AT 11AM

771 Randall, APN 125-253-07, TS#10-32338-WA-NV, NOD Rec. 3/30/11– TRUSTEES SALE POSTPONED UNTIL MON 9/17/12 AT 11AM

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

Incline Village and Crystal Bay

First Half of 2012 Real Estate Sales Report

Please note that the reports above were created using data extracted from the MLXChange System and reflects property sales starting 1/1/12 until 6/30/12

On the Lake Tahoe, Incline Village real estate market in 2012 there is a big jump in home sales assisted by a lower  median sales price. Also on the Condominium report you can notice the lowest median sales price in the past years. A large number of properties with their sales price under $200.000 were sold this year bringing the median sales price index to an all time low and also igniting a turnaround in our real estate market.

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

• North Lake Tahoe Real Estate Sales May 2012 Comparison

• Residential Home Sales Report

- Please note that the report above was created using data extracted from the MLXChange System and reflects Residential Property sales.

• Condominium Sales Report

- Please note that the report above was created using data extracted from the MLXChange System and reflects Condominium sales.

New Lakeshore Realty properties on the Incline Village real estate market.

535 Alpine View Drive

Bed: 5
Bath: 5
Sq. Ft.: 5527
Year: 1980

One of the best panoramic lake views on the market! Large street-to-street, landscaped lot. Beautifully remodeled in 2011. Two large family rooms with full baths and wet bars that can be converted to additional bedrooms. Wine room on lower level.

PRICE: $3,199,000

671 Fairview Blvd.

Bed: 5
Bath: 4
Sq. Ft.: 5720
Year: 1996

Beautiful panoramic lake view home situated on 1.2 acres.Street-to-street lot with large, south facing deck. Master suite with fireplace and exercise area/office.Family room on lower level,two additional master suites w/ fireplaces.Forest Service behind.

PRICE: $3,295,000

225 Pine Cone Rd.

Bed: 4
Bath: 3
Sq. Ft.: 1635
Year: 1964

Located close to the Incline Beaches and walking distance to local shopping! Beautifully maintained with newly remodeled kitchen and bathrooms. RV parking.

PRICE: $739,000

121 Juanita Dr.

Bed: 1
Bath: 1
Sq. Ft.: 792
Year: 1971

Darling, remodeled upstairs unit. New cabinets, slab granite counters, Pergo flooring and washer/dryer. Great rental history. One block off of Lakeshore. Walking distance to Incline Beaches.

PRICE: $360,000

123 Juanita Dr.

Bed: 3
Bath: 2
Sq. Ft.: 1168
Year: 1971

Nicely updated 3 bedroom/3 bathroom unit. Granite counter tops, stainless steel appliances. South facing unit and close proximity to club house. Furnished turn key. Good rental history.

PRICE: $485,000

929 Northwood Blvd.

Bed: 3
Bath: 2.5
Sq. Ft.: 1801
Year: 1991

Remodeled 3 Bedroom 3 Bath unit with granite kitchen counter tops, new paint, carpet and appliances. Overlooking grassy common area with a peak of the lake. Sunny south-facing deck. Decorator unit furnished turnkey.

PRICE: $599,000

696 Village Blvd.

Bed: 2
Bath: 2.5
Sq. Ft.: 1672
Year: 1980

Two bdrm unit with spacious loft for additional sleeping area or office. One car detached garage. End unit with two large decks that overlook year around stream. Easy access to garage and guest parking. (Located off Anderson)

PRICE: $349,000

321 Ski Way

Bed: 3
Bath: 2.5
Sq. Ft.: 1360
Year: 1971

3 bedroom/2.5 bath with open floor plan and cathedral/beamed ceilings. Nice location within the complex. On lock box and easy to show.

PRICE: $295,000

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

What is going on in the real estate market in Incline Village, Nevada. To start with, we will explore the single family home sales since January 1, 2012. So far 28 closed sales, of which 17 were either short sales or bank owned. Over sixty percent for those of you keeping track were upside down in their equity. Looking at active home listings, currently we have 162 on the market with only 4 being represented as short or bank owned. Sounds like a recovery, not so fast. Enter the Robo Signing Law. Rather then try to explain, read the Wall Street Journal Article http://blogs.wsj.com/developments/2011/11/07/nevada-foreclosure-filings-dry-up-after-robo-signing-law/ Once the Robo Law Clears up, will the flood gates open, or will lenders slowly release their inventory. We will have to wait and see. Despite my findings, we are seeing a lot of activity for this time of year. Stay tuned.

2012 Incline Village and Crystal Bay

First Quarter Sales Report

Below you’ll find “Sold” property data which includes Incline Village and Crystal Bay, both located on the North-shore of Lake Tahoe, Nevada. The charts show three categories of properties- Residential, Condominiums, Town homes (Planned Unit Developments).

Please note that the reports above were created using data extracted from the MLXChange System and reflects property sales starting 1/1/12 until 3/31/12

During the first three months of 2012 there was an increase in Residential home sales of over 25% compared to the previous two years, this was mainly caused by the large number of downward price adjustments within Incline Village and Crystal Bay. Short Sales and REO’s(Bank Owned properties) affected the residential sales the strongest. Out of 30 homes sold this year, 37% were Short Sales and REO’s, impacting the Median Price that dropped from $900,000 in 2011 to $650,000 in 2012. According to the Incline Village MLX System, currently there are 149 active home listings in Incline Village and Crystal Bay, of which 64 properties (representing over 40%) had a downward price adjustment in the past 6 months. The next quarter is going to be strong in sales since there are currently 27 homes in Escrow, 6 are Short Sales.

The Condominium report shows a significant price adjustment downwards (the Median Sold Price had a significant drop of 56%. Prices dropped from $440,000 in 2011 to $250,000 in 2012), and even if there were only 18 Condominiums sold so far this year (only 2 were short sales), there are 25 Condominiums in Escrow at this time (of which 8 are short sales). Suggesting a very strong next quarter. The Median price of Condominiums Escrow is $245,000.

On the Townhome report the amazing fact is that there was no price differential (% between asking price and selling price in 2012). Out of the 6 units all were sold at the asking price, only 1 was a bank owned sale. Currently 4 Townhomes are under Contract.

Price drops are occurring in all categories, and the increased number of Short Sales and REO’s make this a strong Buyer’s Market.

Sellers and Buyers need to be educated on the market which is where we come in.

Give us a call at 775-691-7000

Please note that the information above reflects data collected from the Incline Village MLX System starting 1/1/12 through 3/31/12.

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

• Incline Village Property Attractive Price Adjustment

There has been a price adjustment on one of our Lakeshore realty listings, our listing on 335 Ski Way is available now at $459.000 all the way from $490.000. Bellow you’ll find the full details of this property.

335 Ski Way

Bed: 2

Bath: 2

Fireplace: 1

Year Built: 1988

Sq. Ft.: 1264

 PRICE : 459.000

VIRTUAL TOUR

Wonderful Lakeview condo tastefully furnished Burgundy Hill Penthouse. Stainless steel appliances, hardwood floors, granite countertops, both bathrooms are redone and include faux travertine ceramic tile flooring and elegant vanities. and new paint throughout. Great year round access and close to Diamond Peak Ski Resort.

Covered parking and elevator access directly to your floor from the parking structure.

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.