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Writer's pictureSabrina Belleci

Incline Village & Crystal Bay Real Estate Update: Early Snow and a Balanced Market 12/03/2024

Thanks to everyone who came out to kick off the holidays with us at our Handmade Holidays ornament-making sip and shop at Karacotta Ceramics last week. It was so much fun. Stop by the studio on Saturday, December 14 for complimentary holiday cocktails, ornament painting, and 20% off everything in store during the Northern Lights Jingle and Mingle Village-Wide event.


Warmer weather hit the Tahoe scene this past week after several big storms hit just before the Thanksgiving celebration. This last storm brought 35+ inches of fresh snow! Mt. Rose Ski Resort with the highest elevation base in the basin, and a quick drive from Incline was the first resort to open this season on November 8. Diamond Peak Ski Resort also opened early, today December 5th, with a peak depth of 32” of snow and lots of smiles.


The trend for a healthy balance in Incline Village continues to reveal itself, with seven (7) new homes hitting the market.  Two (2) of these are exceptional properties for entertaining this holiday season. With significant natural light, these homes will certainly ring in the cheer and provide warmth all winter long.


405 Tracy Court is a stunning 7,251 square-foot home, built on three (3) parcels adjacent to acres of forested land providing expansive views of Lake Tahoe. This is a fully automated smart home with a main-level primary suite, offering plenty of space and privacy when needed. It is a true classic Tahoe home.


629 Tyner Way is a 4,357 square feet home set above Third Creek, offering 180 degrees of forested views. With the doors wide open in the summer months, you can hear the serene rush of the year-round creek. Built in 2020, this meticulously maintained home has all the modern conveniences and features. 


There remains a steady interest with both sellers and buyers as we enter the holiday season. This past week, Incline Village saw 3 new listings, 3 properties going into contract, 1 price adjustment, and 3 successful closings.


Real Estate Statistics for Incline Village & Crystal Bay - 12/03/2024


Houses

Condos

PUDs

For Sale

57

44

11

Under $1 million

0

24

2

Median Price for Sale

$3,400,000

$985,000

$1,950,000

YTD Sales 2024

2024114

106

25

YTD Sales 2023

96

105

34

YTD Sales 2022

110

112

25

New Listings

3



Price Reductions

1



In Escrow

3



Range in Escrow

$639,000 - $3,400,000



Closed Escrow

3



Please keep in mind that these numbers are based on data from the Incline Village Board of REALTORS® or its Multiple Listing Service as of 12/03/2024

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