35 ANNIVERSARY TH
Move forward with confidence!
Celebrating 35 Years In Northern Nevada and 2nd Anniversary of our Incline Village Office!
SM
Incline Village Market Statistics August 2014
Single Family Market Profile
Trend
Median List Price
$ 1,197,000
Average List Price
$ 2,007,524
Summary
$ 412
Asking Price Per Square Foot Average Days on Market (DoM)
107
=
Inventory of Properties Listed
154
==
Most Expensive Listing
$ 28,000,000
Least Expensive Listing
$ 320,000
Average Age of Listing
30
Percent of Properties with Price Decrease
23 %
Percent Relisted (reset DOM)
10 %
Percent Flip (price increased)
4%
Median House Size (sq ft)
The market has settled in at a relative stasis in inventory and sales conditions. It’s a Buyer’s market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly
3012
Median Lot Size
0.25 - 0.50 acre
Median Number of Bedrooms
4.0
Median Number of Bathrooms
3.0
Condo Market Profile
Trend
Median List Price . Average List Price
$ 438,000
==
$ 572,609 $ 302
Asking Price Per Square Foot
±+
Average Days on Market (DoM)
38
=
Inventory of Properties Listed
93
±+
Most Expensive Listing
$ 4,200,000
Least Expensive Listing
$ 160,000
Average Age of Listing
34
Percent of Properties with Price Decrease
22 % 6%
Percent Relisted (reset DOM) Percent Flip (price increased)
0%
Median House Size (sq ft)
1440
Median Number of Bedrooms
3.0
Median Number of Bathrooms
2.0
Trend Key:
±+
No change
== =
Summary Home sales have been exceeding new inventory for several weeks. While still a Buyer’s market, prices seem to have responded by moving upward. If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller’s Market.
Strong upward trend
Strong downward trend
Slight upward trend
Slight downward trend
Source: Altos Research / IVBOR
899 Southwood IN ES $950,000 CR OW
• • • •
Classic Tahoe Mountain Home 3 Bedrooms / 3 Bathrooms 2 Car Attached Garage Approximately 2,233 Sq. Ft.
• •
One owner since it was constructed in 1996. Walking distance to beaches, dining, movies & shopping
$649,900
3 Bedrooms 2 Bathrooms 2 Car Garage Built in 1984
$869,000
• • • •
Classic Tahoe Mountain Home 3 Bedroms, 3 Bathrooms Den Newly Refurbished
• •
Approx 2,323 Sq. ft Filtered views of Lake Tahoe
260 Tramway IN E $625,000 SC RO W
894 Jennifer
• • • •
734 Tyner Way
• • • •
Approx 1,624 Sq. ft Ample Natural Light Lots of Storage Backs to National Forest
IN ESC 875 Southwood #38
RO W
$549,000
• • • •
0.409 Acre Parcel 3 Bedrooms 2 Baths 2 Car attached garage
• •
Ample room for RV parking Low elevation and close to Incline Village amenities
826 Southwood $535,000
35 ANNIVERSARY TH
• • • •
3 Bedrooms 2.5 full bathrooms Open Floor Plan Large Master Bedroom
• • • •
Approx. 1800 Sq. Ft. Built in 1980 Lots of Stor Garage
120 Country Club #43 $530,000
• • • •
2 Bedrooms 2 Full Baths 1 Half Bath 1 Car Detached Garage
• • •
1,588 Sq. Ft. Patio Fully Fenced End Unit
• • • • •
3 Bedrooms 3 full bathrooms No HOA dues or fees Immaculate Inside 1,788 Sq. Ft.
• • •
Built in 1998 Extensive Decking 2 Car Garage
Call today or visit us on the web for more information about any of these properties or to discuss your own home. 775.831.7767 // SNPTahoe.com
Move Forward With Confidence!
SM
Our soul purpose at Sierra Nevada Properties is helping our clients reach their real estate goals. We understand that buying or selling a home can be exciting and a bit stressful, so we strive to simplify the process into a positively ‘moving experience’. We are immensely proud of the integrity and heart that our SNP agents demonstrate everyday, bringing their best to our industry. By working together as a team, we are able to accomplish more for you, our clients. When you hire an SNP agent, you have the support of our entire network of expertise and connections. Whether your goal is to buy or sell, give us a call and let’s get started together.
Our Goal Is Simple...To Help You Reach Yours
Your Incline Village & Lake Tahoe Real Estate Team
Neal Fincher REALTOR 775.544.6400 Neal@ SNPHomes.com
Mimi Komito REALTOR 775.762.7906 Mimi@ SNPHomes.com
Ed Madigan REALTOR 775.233.4068 EdMadigan@ SNPHomes.com
Sally Small REALTOR 775.742.0424 SSmall@ SNPHomes.com
Ginger Stoner REALTOR 775.813.8420 Ginger@ SNPHomes.com
Edee Campbell Manager 775.232.5262 Edee@ SNPHomes.com
Darrell Plummer Broker/Owner 775.823.3307 Darrell@ SNPHomes.com
Three Offices Serving All of Northern Nevada: Incline Village 110 Country Club Drive Suite 100 Incline Village, NV 89451 Office: 775.831.7767
Reno 6990 S. McCarran Suite 300 Reno, NV 89509 Office: 775.689.8228
Fernley 110 Main Street Sute 120 Fernley, NV 89408 Office: 775.689.8228
Visit us SNPTahoe.com or call 775.831.7767