Update: Single Family homes here in Incline Village and Crystal Bay have seen steady but stable price growth over the last year. Currently, the median sold price of single family homes is $1,060,000 which is 11.5% higher than last year’s median of $950,000. With a “normal” market growth rate of 5-7%, this rate is slightly higher than a typical market, …
Neighborhood Of The Week: Lower Tyner
This week our featured neighborhood in Incline Village is the Lower Tyner Subdivision! Incline Village and Crystal Bay real estate is broken down into 16 different “subdivisions” which are more commonly known as neighborhoods. Lower Tyner is just as its name says; the area below the street named “Tyner”. You can see our subdivision map here to get an idea of where …
Weekly Incline Village Real Estate Market Update
Update: Single Family homes here in Incline Village and Crystal Bay have seen steady but stable price growth over the last year. Currently, the median sold price of single family homes is $1,060,000 which is 11.5% higher than last year’s median of $950,000. With a “normal” market growth rate of 5-7%, this rate is slightly higher than a typical market, …
Neighborhood Of The Week: Central
This week our featured neighborhood in Incline Village is the Central Subdivision! Incline Village and Crystal Bay real estate is broken down into 16 different “subdivisions” which are more commonly known as neighborhoods. In this case, the Central subdivision has actually been broken down into two parts, Central North and South with the dividing line being HWY 28. You can …
Weekly Real Estate Market Update For Incline Village
Update: Single Family home prices continue to rise and have a median list price of $1,550,000. Despite what is normally a slower winter selling season, sellers seem confident in their home’s value. As of the most recent update (12/7/16), 208 properties have been sold this year with an average of 207 days on the market. Although prices are fairly spread …
Early October Market Report: Rates Remain Low
Fears of rising interest rates have proven unfounded as rate remain below 3.5% as of this morning. As we get into the winter months, sales tend to slow which often keeps the interest rates from climbing. This is good news for buyers as they will still have access to the capital they need to make a purchase. Take a look …
‘Full House’ Home Sells for Under Asking Price, and Here’s Why
You would think that such a famous home would easily get its asking price, right? In this case and many others, it isn’t always that easy. In this example, the home sold for $4 Million but was originally listed for $4,125,000. Why did it go for less than the asking price? At the end of the day, a home is …
Bubble? What Bubble?
Is history repeating itself? Here at Lakeshore, we keep hearing the same question from our friends, family, and clients: “Are we in another housing bubble?” It is a question that seems to be on the tip of everyone’s tongue and is typically answered with polar opposite views depending on who you talk to. One camp is seeing rising home …