•   Lakeshore Realty New Listings 

Here are the newest listings from Lakeshore Realty in North Lake Tahoe, Incline Village, Nevada.

1098 Lucerne

Beautifully remodeled home located in lower Tyrolia Village!  Open floor plan, living, dining, kitchen and master bedroom on main living level.  Spacious deck perfect for enteraintaing and enjoying the wonderful views of Lake Tahoe.  Close to Skiing! 

PRICE: $695,000  

262 Deer Creek

Gated complex with mature landscaping, rolling green lawns all centrally located to all Incline amenties.  Storage unit included, a private on site locked 10X13 space.  A must see freestanding home!  10X26 deck offering ample space for entertaining. 

PRICE: $1,125,000 

To access all the Incline Village and Lakeshore Realty listings please click here. Or you can contact us at 775-831-7000, or if you are in North Lake Tahoe’s Incline Village you can visit us at 954 Lakeshore Blvd.

• Residential Properties on the Market
• Residential Properties Under Contract
• Residential Properties Sold
• Quarterly Sales Report for residential Properties in Lake Tahoe 

Bellow we have the July reports for Residential Properties on the market, under contract and sold in Incline Village & Crystal Bay North Lake Tahoe. To access all reports including Condominium reports and Townhome reports please click here.

Lake Tahoe Residential Properties on the market in Incline Village & Crystal Bay.

Lake Tahoe Residential Properties under contract in Incline Village & Crystal Bay.

Lake Tahoe Residential Properties Sold in Incline Village & Crystal Bay.

Quarterly Sales Report for residential Properties in Lake Tahoe Incline Village & Crystal Bay.

For more information please contact us at 775-831-7000.

• Lakeshore Realty, No. 1 Agency in North Lake Tahoe
• Latest sold properties.
• Contact Us

As of 7/7/2010 Lakeshore Realty is the Number 1 Real Estate Agency in Incline Village and Crystal Bay when it comes to home sales in North Lake Tahoe.

Our agency sold 48 properties for a total amount of $79,434,399, and with it’s only 23 agents makes us the agency with the highest dollar amount per agent in North Lake Tahoe.

- The data in these charts was a result of the Incline Village MLS System.

- This Information is deemed reliable but not guaranteed.

Below you’ll find some information on Lakeshore’s latest sold properties.

585 Lakeshore Blvd.

This amazing property has 6,571 Sq. Ft., 5-Bd 5-Ba and was sold for $8,900,000

573 & 575 Lakeshore Blvd.

  This property has 3,527 Sq. Ft. with 3-Bd 2-Ba and a magnificient Pier and was sold for $11,800,000

If you are interested in our listings please visit us at http://www.lakeshorerealty.com/Properties or you can call our office at 775-831-7000

• Pricing in today’s market
• 4′th of July events and festivities.

Pricing in today’s market.

Realistic is the right word that comes to mind when we meet with buyers. This is only the start, now we can take a closer look at the number of days on the market for each property and the number of price reductions if any occurred.

We review the price differential (list versus sold), which can range from 80% to 99%, depending on the price reduction. Seller’s need to be competitive, buyers are shopping this market and process more information than many sellers if they are a serious and experienced buyer.

It is difficult for seller’s to remove their personal thoughts about price especially when they need to net a certain amount out of the sale. Buyers have zero interest in a seller’s  need, they just want the house that meets their needs at the price they can afford and they will wait for it to come in the market.

If a house is not getting showings it is time to review the market which we do daily, it is out job to keep sellers informed on price reductions, sales and new inventory which competes with their home so that they can react to changes and not loose potential buyers. It’s a process which is in continual motion especially this time of the year.

No agent wants to list if the words “I really don’t need to sell” cross a sellers lips, at least those of us who are producers and have been in this market.

Bellow you’ll find helpfull links for the events that take place in Lake Tahoe on the 4′th of July Weekend.

Lake Tahoe 4′th of July events.

Lake Tahoe 4′th of July festivities.

Oh and by the way, happy 4′th of July to everybody !!!

Spring is a time of year where mother earth begins to florish with new growth, colorful blossoms and warmer weather. It is also our traditional time to see an increase in our real estate inventory. Under our neighborhood menu drop down you can see all active listings within each neighborhood along with under contract or sold. It is updated daily.

New homes are coming on while  existing home, listed for the last few months are adjusting  their prices to stay competitive.

 One example of this is 647 Jeffrey  which had a $50,000 price reduction from $750,000 to $700,000, an good buy on a 4 bedroom home in excellent condition.

We have 3 new listings to share this week:

693 David Way= Lakeview subdivision, one block from Burnt Cedar Beach, spectacular home with perfect layout- master on main level- open floorplan with a wall of south facing windows, large decks , a level fenced yard with lake views.

 #51 Crystal Shores West, Only unit on the market within this complex- remodeled and right on the water- floating marina and sandy cove beach- a must see and own.

 595 Lariat Circle # 2- One of four units in this complex, 4 bedrooms, 3.5 baths, lakeviews from living level and master suite. Many upgrades with granite counter tops in kitchen, great room layout on main level, 3 bedrooms on second and third level has 4th bedroom full bath and family room. Privacy abounds.

It is the perfect time to start looking or reinvestigate  the market and find the perfect well priced “Tahoe Get Away”!

There are 188 residential homes on the market- ranging in prices from a high of $34 million to $1,595,000 median and $369,000 the  lowest.

The smallest home for sale is a 645 sq ft. studio apartment built over a 2 car garage in Crystal bay- priced at $575,000.

The median home size is 3,384 sq. ft. , 4 bed, 2.1 baths, priced at $990,000

The largest home is 13,210 sq ft., 5 bed, 6 baths, priced at $9,200,000.

Interesting to see the diversity of properties in our village.

Sales are picking up and the second quarter will exceed 2009 figures.

There are 23 homes under contract:8  are pending bank approval (short sales or REO’s) 

High:$4,500,000  Low: $495,000  Median: $694,000 Average $1,152,75.

The remaining 15 under contract are priced:

High: $5,995,000  Low: $372,900  Median $900,000 Average: $1,721,727

It is evident there is no consistent price range affected by short sales and REO’s.

 RES – Statistical Summary- Under contract

Sales total 33  with 20 for the 1st quarter and 13 as our midway point into the second quarter.

RES – Statistical Summary=Solds  (2010)

Lakeshore Realty leads in Closed Transactions with $16,000,000+ year to date. Our agent productivity exceeds our competitors:

Lakeshore Realty agents= $717,045 agent productivity

Competitor A with 79 agents= $197,101 agent productivity

Competitor B  with 30 agents= $498,600 agent productivity

Competitor C with 28 agents = $501,473 agent productivity

Lakeshore has 23 properties under contract  which is a strong indication the next quarter will exceed the first quarter in sales.

As we reach to the end of our  first quarter the number of sales are up compared to 2009 and prices are down. 

Residential:

Closed  transactions = 19     

5 of the 19 were short sales  or bank owned- these ranged in price from $500,000 to $1,861,000. 

The remaining sales of 14 ranged in price from: High: $3,750,000  Median: $775,000 Low: $395,000

The current price differential (list price versus sold price) is 88.71% and average Days on the Market =256.

2009  figures (same time period) totaled 13 sales with a Median  sales price of $1,900,000 and average days on the market= 279.

Condominiums: Closed sales 14

Four of the 14 were short or bank owned sales ranging in price from $215,000 to $319,900

The remaining 10 sales = Median selling price of $318,450 with a price differential (list to sold price difference) 95.74% and an average days on the market of 97 days.

 2009 sales totaled 7-Median Selling price=$400,000, Days on the market 161

Planned Unit Developments: Total sales = 11 

Two of the 11 were short sales or REO’s with pricing between $400,000 to $657,000

The remaining 9 sales = Median price of $657,000 and an average days on the market of 377

2009 sales = 1  with a median price of $312,500, and an average days on the market of  108 

So what does it all mean? Sales are increasing and prices are dropping. Bank owned and short sales are having an impact on pricing.   

As April begins our inventory will increase  as the snow melts. Honest advise to Seller’s… be  “serious” and “realistic” in pricing.

Seller’s who price their property based on what they  ”NEED” to get out of the sale will not sell especially if the price is not in line with the competition. Buyer’s are coming to the table but they are well educated and not concerned with the seller’s reasons for selling.

Call one of our experienced agents to guide you through today’s market scenario and get the results  Lakeshore Realty is known for. All our agents are seasoned professionals with the experience and expertise you need to get results in this market! 

MLS Information – March 13th to March 20th

New Listings

• Single Family Homes
• Condos
• PUDs – No new listings

Price Changes

• Single Family Homes
• Condos
• PUDs – No price changes

Under Contract

• Single Family Homes
• Condos
• PUDs

Sold in 2010

• Single Family Homes
• Condos
• PUDs

Lakeshore Realty is proud to announce the latest and greatest agents who joined our office:

Pam Fernandez 

“I’m here to assist you before, during and after every transaction.”

I know how difficult long distance ownership can be.

 I want to insure your experience is a good one. 

       I have been a North Lake Tahoe resident since 1974 and began my professional real estate career in 1986. I first served as an assistant for a busy RE Broker for two years before obtaining my salesman’s license in 1988 and my Brokers license in 1997. I have consistently achieved top producing agent status since I began listing and selling homes in 1988. Over the past 22 years, I have mastered the art of matching buyers with their perfect primary or vacation home. My home finding skills require not only extensive market knowledge but also focuses on a process of discovery, learning both the needs and desires of my clients. ABOVE ALL, finding the perfect home requires a keen listening ability and quite often a lot of patience! I love the marketing and advertising aspect of selling homes. I design my own ads from property brochure handouts, to magazine and newspaper ads. I strategically place my advertising where it reaches the best audience. While I concentrate on the Incline Village & Crystal Bay areas, as a Nevada licensee I occasionally stretch my limits to the Reno, Carson City, Minden, & Gardnerville areas. However, I know my knowledge limitations and if I feel unqualified to represent you fully, I will find you the best agent in your desired area. As a mother and pet owner, I am very child and pet friendly and sensitive to the needs of parents and pet owners. After several years in the business, I have several good working relationships with variety of vendors and suppliers you may need as a new property owner. I can also provide you with 1031 Tax Deferred Exchange information and refer you to an Accommodator who can answer more detailed questions and assist you with your exchange.

Experience
Broker-salesman License, ”G.R.I.” Designation – Graduate of the Realtors Institute

Pam Fernandez
Broker-salesman, GRI
Lakeshore Realty
(775) 742-3096 cell
(800) 832-4955 toll free

Tim Lampe

            Tim brings with him a successful history of real estate marketing, development, trained real estate sales negotiator, over 2,400 closed escrows and satisfied clients over the past 28 years.  Tim adds a special element to Lake Tahoe Real Estate with his sales success and development background not often found in today’s real estate culture.

           Tim has been involved in some of the most successful luxury resort real estate developments in the USA including Southern California, Nevada, Lake Tahoe, Montana, and St. Thomas USVI.  However, his true love is Incline Village Nevada, his own backyard with beautiful Lake Tahoe as the backdrop and playground.  Come let Tim show you our exciting 4 season lifestyle in Incline Village.

           Tim is a “Hands On” Realtor.  This lends itself to only working with a few key clients at a time, therefore affording only the highest level of service to each client and more successful results for you.  Incline Village market knowledge, integrity, experience all add up to a Realtor that can exceed your expectations.

           Tim is married to Shahin and a father of 4, the Lampe’s are living the American Dream in Tahoe.  Family sports in Tahoe is the back office of what Tim believes is the reason so many families have chosen Lake Tahoe as there home.  One day with the Lampe’s is like “Camp Tahoe”.
Please do not hesitate to contact Tim with any additional questions about Lake Tahoe Real Estate in Nevada or California.  Or visit his website at:  www.lamperealestate.com for more information.

Tim Lampe
Lakeshore Realty
(775) 745-9730 

Michelle Ward     

• Not Pictured Here

Lakeshore Realty
Cell (775) 830-6036 
Fax (775) 473-7511

Email: mwardinclinerealty@yahoo.com

Each is a seasoned professionals with a wealth of experience in our real estate and excel at individualized customer service.

Incline Village & Crystal Bay, Nevada, Lake Tahoe

Real Estate Market Activity for January 29^th, 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