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Incline Village Real Estate 7/21/19

We had one of the biggest weeks in a long time for the Incline Village real estate market. 18 properties went into escrow in just the past 7 days. Even by mid summer standards, that is an extraordinary number of properties to get accepted offers. Except for the super high-end everybody got in on the action last week. The properties going into escrow ranged from $385,000 all the way up to $3,750,000. So although there were 18 new listings the inventory didn’t really budge.

New Listings Price Changes In Escrow Closed Escrow

There is one new listing on the Incline Village real estate scene that luxury buyers will want to check out. 847 Freel’s Peak is a beautiful 5 bedroom, 4.5 bath, 5300 square-foot home in the Lakeview subdivision. Most wonderful of all is the beautiful year round creek that flows through the back of the property.

Enjoy the gourmet kitchen and spacious living area that features a floor to ceiling fireplace. Nice big windows frame views of the pine trees. The low elevation location puts you in proximity to everything only a couple of blocks from Lakeshore Drive. Priced just under $4.3 million. Click Here to See a Virtual Tour

Lakefront condo buyers will want to consider looking at #38 Lakeshore Ter.  This is one of the nicest units in the complex featuring a sweet view of Lake Tahoe.  You get 1760 ft.² of living space divided up into 3 bedrooms and 3 full bathrooms.  Since it is a back row unit you also get an oversized two-car garage.  High quality finishes throughout include alder doors, stainless steel appliances, granite counters and more!  The asking price of $2.1 million makes this piece of Incline Village real estate worth a look.

Weekly Real Estate Update

Statistics gathered from the Incline Village MLS on 7/21/19

Houses Condos PUDs

For Sale 122 71 20

Under $1 million 12 46 11

Median Price For Sale $1,998,000 $748,000 $747,500

YTD Sales 2019 77 75 29

YTD Sales 2018 98 100 32

New Listings 18

In Escrow 18

Closed Escrow 5

Range in Escrow $385,000 – 3,750,000

These statistics are based on information from the Incline Village Board of REALTORS® or its Multiple Listing Service as of July 21, 2019

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