Tahoe Home Sales Reports

Year End 2016

North & West Shore
East Shore
Incline Village
Reno
Truckee
South Lake

Year End 2015

North & West Shore
East Shore
Incline Village
Reno
Truckee
South Lake

Year End 2014

North & West Shore
East Shore
Incline Village
Reno
Truckee
South Lake

Year-End 2013







Year End 2012






 

 

2016 Year End Incline Village Sales Report

Incline Village 2016 Home Sales- under $2 Million

The average price for homes under $1 Million jumped 10% in 2016, with a 13% increase in the number of sales. Most notable is the increase in the number of sales between $1 Million and $2 Million jumping nearly 31% in 2016.

188 Sales

Incline Village 2016 Home Sales- over $2 Million

Home sales $3 Million and above were nearly absent in our market until mid August, however, 11 sales in the past 4 months have brought us back nearly on par with 2015 with little change in median price. Lakefront home sales continue to be hampered by low inventory, with just two direct lakefront sales both in 2015 and in 2016.

22 Sales

Incline Village Sales over 2 Million (non-lakefront)
Jan thru Dec 2015 2016 % Change
Median Price $2,800,000 $2,797,500

-0.1%

Average Price $3,230,761 $3,060,750

-5.6%

Days on Mkt 153 264

42.0%

Average Sold $SF $660 $604

-9.3%

Properties Sold 23 20

-15.0%

Lakefront 2015 2016 % Change
Direct Lakefront 2 2

0.0%

HOA Lakefront 2 0  
       
Incline Village Sales under $2 Million  
Jan thru Dec 2015 2016 % Change
Median Price $802,500 $950,000

15.5%

Average Price $890,518 $991,302

10.2%

Days on Mkt 191 180

-6.1%

Average Sold $SF $354 $393

9.9%

Properties Sold 163 188

13.3%

       
- Up to August 2016, only 2 homes had sold over $3M
- After August, 9 homes sold over $3M, on par with the 12 sales over $3M in 2015
- Days on market for homes over $2M increased by 42% in 2016, over 100 days more
- 2 direct Lakefront sales in both 2015 and 2016, with 2 lakefront HOA’s sold in 2015
- 79 sales $1-$2M in 2016, compared to 54 sales from $1-$2M in 2015, a 31% increase

 

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