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Incline Village Real Estate Blog 3/24/19

New listing activity picked up on the Incline Village real estate market last week.  We had 7 new properties on the Incline Village MLS including a few luxury homes.  Sales activity slowed a bit with just 3 properties going into escrow.

It’s that transitional time of year in between vacation times and snowstorms.  However, the meteorologist is forecasting fresh snow for the coming week.  So if you don’t have time to look at property it could be one of your last chances to get some fresh powder this winter.

New Listings Price Changes In Escrow Closed Escrow

One of the new listing that catches our eye on the Incline Village real estate scene is the panoramic Lakeview property at 559 Knotty Pine Dr.  Offered at a little bit under $3.2 million, this 3300 square-foot home was beautifully remodeled in 2003.  You’ll find slab granite counters, knotty alder cabinets and a host of other top-notch upgrades.  This 4 bedroom, 3 bath home sits on the downslope lot of more than 4/10 of 1 acre.  Enjoy spectacular views of Lake Tahoe from a wonderful location in the Ponderosa subdivision.

Click Here to See a Virtual Tour

Low elevation shoppers will appreciate the new listing located at 615 – Fourteenth Green.  This three-bedroom, 3.5 bath, 2800+ square foot home sits on a nice sunny lot.  Nicely remodeled, spacious easy living floor plan with the master suite on the entry level.  Guest bedrooms are in a separate wing for maximum privacy.  Tons of parking and a great layout for entertaining family and friends.  Offered at $1.8 million.

Weekly Real Estate Update

Statistics gathered from the Incline Village MLS on 3/24/19

Houses                Condos                     PUDs

For Sale                                        78                           30                           9

Under $1 million                          12                           22                           5

Median Price For Sale          $2,350,000            $640,000                  $988,000

YTD Sales 2019                           18                           32                          12

YTD Sales 2018                           33                           34                          13

New Listings                                 7

In Escrow                                      3

Closed Escrow                              4

Range in Escrow        $454,900 – $1,428,000

These statistics are based on information from the Incline Village Board of REALTORS® or its Multiple Listing Service as of March 24, 2019

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