Incline Village Real Estate Mid-January
What a start to 2020 for the Incline Village real estate market! Sales continue to hum along at a strong pace with ___ properties going into escrow during the past week. New listings are barely keeping pace with properties going into escrow. As a result, the inventory remains extraordinarily low for houses, condos and freestanding condos on the Nevada side of North Lake Tahoe.
Regular readers of this Incline Village real estate blog will remember last week’s entry where we recommended checking out the newest listing in McCloud. Well, that one has already received an accepted offer. But, there is an interesting replacement if you don’t mind being a few minutes further away from the beach.
696 Village Blvd. – #10 Woodminster is a fine two bedroom, 2.5 bath, 1672 ft.² two-story townhouse style condo that merits a closer look. Great location for this end unit adjacent to a year-round creek. The condo has been nicely remodeled and the master suite features a two-person jetted tub along with a two-person shower. The loft has been made into a 3rd bedroom and has two good size closets for your convenience. The asking price of $639,000 makes this one worth a look.
Lovers of Tyrolean Village will want to check out 1325 Zürich Ln.. This three bedroom, two bath, 1400+ square foot chalet features beautiful views of Diamond Peak and the surrounding mountains. Nicely updated Tahoe charm with granite counters in the kitchen, open beam cathedral ceiling, wraparound deck, and a wood burning fireplace. Offered at $695,000.
Weekly Real Estate Update
Statistics gathered from the Incline Village MLS on 1/19/20
Houses Condos PUDs
For Sale 80 44 14
Under $1 million 11 21 9
Median Price For Sale $1,999,995 $1,039,000 $775,000
YTD Sales 2020 6 6 1
YTD Sales 2019 7 5 3
New Listings 7
In Escrow 10
Closed Escrow 6
Range in Escrow $599,000 – $4,895,000
These statistics are based on information from the Incline Village Board of REALTORS® or its Multiple Listing Service as of January 19, 2020