Incline Village Real Estate – Huge Week!
It’s huge when the Incline Village real estate market gets 13 new listings in one week. But when but 13 properties go into escrow, it’s easy to understand why the inventory remains historically low. Beautiful weather for at least a few days and some desirable new listings brought out the buyers last week. Serious aficionados of Incline Village real estate understand something important We are in a very tight market that has a finite supply. With demand remaining strong, buyers need to be on their toes when a new listing they like comes up for sale.
Speaking of new listings, there’s quite a variety from which to choose. But, not enough time or space to get into all of them in this blog. However, there is one very special property worth a closer look. Sabrina just listed 198 Country Club Dr. – #48 Country Club Villas. Properties in this complex only come up for sale a few times each year. That’s a testament to the desirability of the location, floor plan and interior finishes throughout this complex.
Here’s what Sabrina has to say about this great freestanding condo:
Desirable home in a sought after, low elevation neighborhood close to the Hyatt, Incline private beaches, recreation center, and restaurants with easy access to year’round Lake Tahoe activities and an effortless, four season lifestyle. You’re in the heart of it all here. The peaceful grounds are fully fenced and impeccably maintained by the HOA giving you more time and freedom to enjoy your beautiful surroundings.
Each room has large windows and high ceilings allowing the blue bird sunny days to fill your home with light all day long. Sit out on the deck in the summer months, overlooking open space filled with lush green shrubs and tall pine trees.
Rooms in this home flow naturally and provide space for festive gatherings as well as private moments along with single-level living upstairs and guest bedrooms on the lower level. An open entryway makes getting all your gear to and from the slopes, beach and golf course easy. Offered at $1,250,000
Luxury buyers have a number of new offerings to choose from with asking prices ranging from $3.2 million all the way up to nearly $10 million. So if you’re looking for a luxury home please click the new listings link above this paragraph. You can leisurely sift through the plethora of beautiful properties. The Incline Village real estate scene features spectacular custom homes. We could write a book each week describing the attributes of these stellar places when we get this many new high-end listings.
Weekly Real Estate Update
Statistics gathered from the Incline Village MLS on 4/7/19
Houses Condos PUDs
For Sale 85 28 9
Under $1 million 12 22 5
Median Price For Sale $2,700,000 $595,000 $968,000
YTD Sales 2019 24 36 12
YTD Sales 2018 40 41 15
New Listings 13
In Escrow 13
Closed Escrow 6
Range in Escrow $548,000 – $2,350,000
These statistics are based on information from the Incline Village Board of REALTORS® or its Multiple Listing Service as of April 7, 2019