MARKET REPORT INCLINE VILLAGE Q2 MARKET REPORT JANUARY - JUNE 2021
W W W.R EMA XGO LD.COM
INCLINE VILLAGE REAL ESTATE
Q2 OVERALL MARKET BREAKDOWN $2,137,500
M ED I A N SA LES P R I C E
45
AVE RAGE DAY S O N MA R K ET
113
TOTA L UNI TS SO LD
$253,593,190
TOTA L VO LUME SO LD
101.1%
% LI ST TO SA LE
54
U N I TS OV ER 1M
59
U NI TS UN D ER 1M
INCLINE VILLAGE
MARKET AREAS
MA R K ET
LAKEFRONT S I N G L E FA M I LY H O M E
R EPOR T
JA N UA R Y - J U N E
LAKEFRONT CONDOMINIUMS
2021
%
$9,100,000
$23,685,297
160%
AVERAGE S OL D P R IC E
$9,,466,667
$21,542,649
128%
894
749
-16%
HIGHES T S O L D P R IC E
$13,000,000
$31,500,000
142%
LOWES T S O L D P R IC E
$6,300,000
$7,300,000
16%
3
4
33%
92%
93%
1%
TOTAL D OL L AR VO LUME
$28,400,000
$86,170,594
203%
JA N UA R Y - J U N E
2020
2021
MED IAN S AL ES P R IC E
$2,075,000
$2,675,000
29%
AVERAGE S OL D P R IC E
$2,390,000
$3,279,167
37%
172
70
-59%
HIGHES T S O L D P R IC E
$4,250,000
$7,100,000
67%
LOWES T S O L D P R IC E
$1,175,000
$1,800,000
53%
5
6
20%
97%
95%
-3%
$11,950,000
$19,675,000
65%
% S OL D PRICE TO AVG L IST P R IC E
PROPER TIES S OL D AVERAGE SOLD PRICE
J UN.
MED IAN S AL ES PR IC E
AVERAGE DAYS O N MAR K E T
+37%
-
2021
PROPER TIES S OL D AVERAGE SOLD PRICE
JAN.
2020
AVERAGE DAYS O N MAR K E T
+128%
|
% S OL D PRICE TO AVG L IST P R IC E TOTAL D OL L AR VO LU ME
CHANGE
% CHANGE
MA RKE T
RE P O R T
|
JA N UA R Y - J U N E
JA N.
-
J UN.
2 0 2 1
%
2020
2021
M ED I AN SALES PRICE
$ 1, 309,000
$2,050,000
57%
AV ERAGE SOLD PRICE
$ 1, 642,309
$2,712,884
65%
158
76
-52%
HIGHEST SOLD PRICE
$ 6, 900,000
$14,350,000
108%
LOWEST SOLD PRICE
$ 475, 000
$675,000
42%
79
121
53%
94%
99%
5%
AV ERAGE DAYS O N MARKET
P R OPER TI ES SOLD % SO LD PRI C E TO AVG L IS T PRICE TOTAL DOLLAR VOLUME
JA N UA R Y - J U N E
$ 129, 74 2,440 $328,258,909
2020
2021
CHANGE
% CHANGE
$ 562, 5 00
$765,000
36%
AV E RAGE SOLD PRICE
$ 602, 6 54
$857,868
42%
100
59
-41%
HIG HEST SOLD PRICE
$ 2, 212,500
$2,625,000
19%
LOWEST SOLD PRICE
$ 285, 0 00
$360,000
26%
70
101
44%
98%
102%
4%
$ 42, 185 ,800
$86,644,687
105%
P R OPER TI ES SOLD % SOLD PRI C E TO AVG L IS T PRICE TOTAL DOLLAR VOLUME
LO C A L LY.
SELL
LO C A L LY.
NON-LAKEFRONT S I N G L E FA M I LY H O M E
+65% AVERAGE SOLD PRICE
153%
M EDI AN SALES PRICE
AV E RAGE DAYS ON MARKET
LIVE
NON-LAKEFRONT CONDOMINIUMS
+42% AVERAGE SOLD PRICE
W W W. R E M A X G O L D. C O M
MA R K ET
LAKEVIEW ALL PROPERTIES
R EPOR T
JA N UA R Y - J U N E
MILL CREEK ALL PROPERTIES
2021
%
$2,350,000
$5,493,855
134%
AVERAGE S OL D P R IC E
$2,237,571
$5,723,339
156%
136
105
-23%
HIGHES T S O L D P R IC E
$3,400,000
$11,500,000
238%
LOWES T S O L D P R IC E
$998,000
$2.650,000
166%
7
8
14%
92%
95%
4%
TOTAL D OL L AR VO LUME
$15,663,000
$45,786,709
192%
JA N UA R Y - J U N E
2020
2021
MED IAN S AL ES P R IC E
$2,612,500
$2,500,000
-4%
AVERAGE S OL D P R IC E
$3,009,167
$4,250,000
41%
234
58
-75%
HIGHES T S O L D P R IC E
$6,400,000
$14,350,000
124%
LOWES T S O L D P R IC E
$1,475.000
$1,400,000
-5%
6
10
67%
95%
98%
3%
$18,055,000
$42,500,000
135%
% S OL D PRICE TO AVG L IST P R IC E
PROPER TIES S OL D AVERAGE SOLD PRICE
J UN.
MED IAN S AL ES PR IC E
AVERAGE DAYS O N MAR K E T
+41%
-
2021
PROPER TIES S OL D AVERAGE SOLD PRICE
JAN.
2020
AVERAGE DAYS O N MAR K E T
+156%
|
% S OL D PRICE TO AVG L IST P R IC E TOTAL D OL L AR VO LU ME
CHANGE
% CHANGE
MA RKE T
RE P O R T
|
JA N UA R Y - J U N E
JA N.
-
J UN.
2 0 2 1
%
2020
2021
M ED I AN SALES PRICE
$ 1, 587 ,500
$2,362,500
49%
AV ERAGE SOLD PRICE
$ 2, 105 ,833
$2,482,321
18%
194
74
-62%
HIGHEST SOLD PRICE
$ 4, 175 ,000
$5,200,000
25%
LOWEST SOLD PRICE
$ 875, 000
$1,155,000
32%
6
14
133%
84%
98%
17%
$ 12, 635,000
$34,752,500
175%
2020
2021
M EDI AN SALES PRICE
$ 5, 200,000
$2,250,000
-57%
AV E RAGE SOLD PRICE
$ 5, 200,000
$10,636,766
105%
1196
354
-70%
HIG HEST SOLD PRICE
$ 9, 100,000
$31,500,000
246%
LOWEST SOLD PRICE
$ 1, 300,000
$1,090,000
-16%
2
6
200%
92%
99%
8%
AV ERAGE DAYS O N MARKET
P R OPER TI ES SOLD % SO LD PRI C E TO AVG L IS T PRICE TOTAL DOLLAR VOLUME
JA N UA R Y - J U N E
AV E RAGE DAYS ON MARKET
P R OPER TI ES SOLD % SOLD PRI C E TO AVG L IS T PRICE TOTAL DOLLAR VOLUME
$ 10, 400 ,000 $63,820,594
CHANGE
% CHANGE
LIVE
LO C A L LY.
SELL
LO C A L LY.
PONDEROSA ALL PROPERTIES
+18% AVERAGE SOLD PRICE
CRYSTAL BAY ALL PROPERTIES
+105% AVERAGE SOLD PRICE
514%
W W W. R E M A X G O L D. C O M
MA R K ET
LOWER TYNER ALL PROPERTIES
R EPOR T
JA N UA R Y - J U N E
UPPER TYNER ALL PROPERTIES
2021
%
$1,285,000
$2,306,250
79%
AVERAGE S OL D P R IC E
$1,163,333
$2,634,139
126%
134
69
-49%
HIGHES T S O L D P R IC E
$1,375,000
$5,725,000
316%
LOWES T S O L D P R IC E
$830,000
$878,000
6%
3
18
500%
93%
100%
7%
TOTAL D OL L AR VO LUME
$3,490,000
$47,414,500
1259%
JA N UA R Y - J U N E
2020
2021
$850,000
$2,050,000
141%
$1,113,000
$2,376,000
113%
323
61
-81%
HIGHES T S O L D P R IC E
$1,800,000
$4,000,000
122%
LOWES T S O L D P R IC E
$689,000
$1,080,000
57%
3
5
67%
96%
105%
9%
$3,339,000
$11,880,000
256%
% S OL D PRICE TO AVG L IST P R IC E
MED IAN S AL ES P R IC E
AVERAGE DAYS O N MAR K E T
PROPER TIES S OL D AVERAGE SOLD PRICE
J UN.
MED IAN S AL ES PR IC E
AVERAGE S OL D P R IC E
+113%
-
2021
PROPER TIES S OL D AVERAGE SOLD PRICE
JAN.
2020
AVERAGE DAYS O N MAR K E T
+126%
|
% S OL D PRICE TO AVG L IST P R IC E TOTAL D OL L AR VO LU ME
CHANGE
% CHANGE
MA RKE T
RE P O R T
|
JA N UA R Y - J U N E
JA N.
-
J UN.
2 0 2 1
%
2020
2021
M ED I AN SALES PRICE
$ 1, 002 ,000
$1,600,000
60%
AV ERAGE SOLD PRICE
$ 1, 177 ,563
$2,400,267
104%
126
88
-30%
HIGHEST SOLD PRICE
$ 1, 800 ,000
$11,500,000
539%
LOWEST SOLD PRICE
$ 712, 500
$1,100,000
54%
8
15
88%
97%
99%
1%
$ 9, 420 ,500
$36,004,000
282%
2020
2021
M EDI AN SALES PRICE
$ 1, 085,000
$1,290,000
19%
AV E RAGE SOLD PRICE
$ 1, 085,000
$1,606,667
48%
118
40
-66%
HIG HEST SOLD PRICE
$ 1, 085,000
$2,650,000
144%
LOWEST SOLD PRICE
$ 1, 085,000
$880,000
-19%
1
3
200%
94%
98%
4%
$ 1, 085,000
$4,820,000
344%
AV ERAGE DAYS O N MARKET
P R OPER TI ES SOLD % SO LD PRI C E TO AVG L IS T PRICE TOTAL DOLLAR VOLUME
JA N UA R Y - J U N E
AV E RAGE DAYS ON MARKET
P R OPER TI ES SOLD % SOLD PRI C E TO AVG L IS T PRICE TOTAL DOLLAR VOLUME
CHANGE
% CHANGE
LIVE
LO C A L LY.
SELL
LO C A L LY.
JENNIFER ALL PROPERTIES
+104% AVERAGE SOLD PRICE
APOLLO ALL PROPERTIES
+48% AVERAGE SOLD PRICE
W W W. R E M A X G O L D. C O M
MA R K ET
CENTRAL NORTH & SOUTH
ALL PROPERTIES
R EPOR T
JA N UA R Y - J U N E
THE WOODS ALL PROPERTIES
2021
%
$1,320,000
$1,200,000
-9%
AVERAGE S OL D P R IC E
$1,273,800
$1,200,000
-6%
74
63
-15%
HIGHES T S O L D P R IC E
$1,500,000
$1,200,000
-20%
LOWES T S O L D P R IC E
$880,000
$1,200,000
36%
5
1
-80%
99%
93%
-7%
TOTAL D OL L AR VO LUME
$6,369,000
$1,200,000
-81%
JA N UA R Y - J U N E
2020
2021
$799,000
$2,247,500
181%
$1,071,104
$2,815,625
163%
103
75
-27%
HIGHES T S O L D P R IC E
$1,725,000
$5,985,000
247%
LOWES T S O L D P R IC E
$515,000
$1,050,000
104%
9
8
-11%
97%
100%
2%
$9,639,940
$22,525,000
134%
% S OL D PRICE TO AVG L IST P R IC E
MED IAN S AL ES P R IC E
AVERAGE DAYS O N MAR K E T
PROPER TIES S OL D AVERAGE SOLD PRICE
J UN.
MED IAN S AL ES PR IC E
AVERAGE S OL D P R IC E
+163%
-
2021
PROPER TIES S OL D AVERAGE SOLD PRICE
JAN.
2020
AVERAGE DAYS O N MAR K E T
-6%
|
% S OL D PRICE TO AVG L IST P R IC E TOTAL D OL L AR VO LU ME
CHANGE
% CHANGE
MA RKE T
RE P O R T
|
JA N UA R Y - J U N E
JA N.
-
J UN.
2 0 2 1
%
2020
2021
$ 872, 500
$1,075,000
23%
$ 1, 456 ,333
$1,801,825
24%
157
71
-55%
HIGHEST SOLD PRICE
$ 4, 100 ,000
$4,000,000
-2%
LOWEST SOLD PRICE
$ 485, 000
$675,000
39%
6
16
167%
94%
99%
6%
$ 8, 738 ,000
$28,829,200
230%
2020
2021
M EDI AN SALES PRICE
$ 1, 600,000
AV E RAGE SOLD PRICE
M ED I AN SALES PRICE AV ERAGE SOLD PRICE AV ERAGE DAYS O N MARKET
P R OPER TI ES SOLD % SO LD PRI C E TO AVG L IS T PRICE TOTAL DOLLAR VOLUME
JA N UA R Y - J U N E
CHANGE
%
LIVE
LO C A L LY.
SELL
LO C A L LY.
CHAMPIONSHIP GOLF COURSE ALL PROPERTIES
+24% AVERAGE SOLD PRICE
MOUNTAIN
CHANGE
GOLF COURSE
$1,400,000
-13%
ALL PROPERTIES
$ 1, 620,714
$1,533,285
-5%
250
51
-80%
HIG HEST SOLD PRICE
$ 1, 950,000
$2,600,000
33%
LOWEST SOLD PRICE
$ 1, 425,000
$858,000
-40%
7
7
0%
98%
102%
4%
$ 11, 345 ,000
$10,733,000
-5%
AV E RAGE DAYS ON MARKET
P R OPER TI ES SOLD % SOLD PRI C E TO AVG L IS T PRICE TOTAL DOLLAR VOLUME
-5% AVERAGE SOLD PRICE
W W W. R E M A X G O L D. C O M
MA R K ET
R EPOR T
JAN.
-
J UN.
2021
%
2020
2021
MED IAN S AL ES PR IC E
$715,000
$1,145,000
60%
AVERAGE S OL D P R IC E
$788,444
$1,240,000
57%
167
60
-64%
HIGHES T S O L D P R IC E
$1,600,000
$2,100,000
31%
LOWES T S O L D P R IC E
$475,000
$835,000
76%
9
5
-44%
95%
106%
12%
TOTAL D OL L AR VO LUME
$7,096,000
$6,201,000
-13%
EASTERN SLOPE
JA N UA R Y - J U N E
2020
2021
ALL PROPERTIES
MED IAN S AL ES P R IC E
$1,262,500
$2,188,000
73%
AVERAGE S OL D P R IC E
$2,695,875
$4,094,714
52%
111
157
41%
HIGHES T S O L D P R IC E
$6,900,000
$10,000,000
45%
LOWES T S O L D P R IC E
$830,000
$1,500,000
81%
8
7
-13%
94%
99%
6%
$21,567,000
$28,663,000
33%
SKI WAY ALL PROPERTIES
JA N UA R Y - J U N E
|
AVERAGE DAYS O N MAR K E T
+57%
PROPER TIES S OL D AVERAGE SOLD PRICE
% S OL D PRICE TO AVG L IST P R IC E
AVERAGE DAYS O N MAR K E T
+52%
PROPER TIES S OL D AVERAGE SOLD PRICE
% S OL D PRICE TO AVG L IST P R IC E TOTAL D OL L AR VO LU ME
CHANGE
% CHANGE
MA RKE T
RE P O R T
|
JA N.
-
J UN.
2 0 2 1
LIV E
LO C A L LY.
SELL
LO C A L LY.
I N C L I N E V I L L A G E & C R Y S TA L B AY | 5 Y E A R C O M P A R I S O N
2017
MEDIAN
2018
PRICE
2019
JAN - JUN
2020
$1,107,500 $1,190,000 $1,310,000 $1,322,000
2021
$2,100,000
2017
P R OP E R T IE S
2018
SOLD
2019
JAN - JUN
2020
84 110 99 82
2021
JA N UA R Y - J U N E M E DI AN PRI C E P R OPER TI ES SOLD
125
2017
2018
2019
2020
2021
$ 1, 107,500
$1,190,000
$1,310,000
$1,322,500
$2, 100, 000
84
110
99
82
125
W W W. R E M A X G O L D. C O M
M A R K ET
R EPOR T
|
JAN.
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J UN.
2021
ABOUT INCLINE VILLAGE Incline Village, located on the North Shore of Lake Tahoe, is a unique area boasting spectacular homes, exceptional amenities available to residents, and Nevada tax benefits. The Incline Village General Improvement District, commonly referred to as IVGID, is a quasi-public agency and a fiscally responsible community partner which provides superior utility services and community-oriented recreation programs and facilities. As an Incline Village resident, you have access to two private gorgeous sandy beaches with park facilities, a state-of-the-art recreation center that includes an olympic-sized swimming pool, basketball courts, tennis courts, pickle ball, a pro-shop, and a cafe. Group fitness classes are offered year-round. There are two distinct Robert Trent Jones Jr. designed golf courses including the award-winning Championship Golf Course. In the winter, ski Diamond Peak Ski Resort, in your back yard. Or, enjoy the nearby Mt. Rose - Ski Tahoe, Northstar California, Squaw Valley, Alpine Meadows, or Homewood Mountain Resort, all within 15 - 40 minutes drive. We have a plethora of small mom and pop shops and resturants in town and plenty of local activities to keep you busy all year! We have three public schools: Incline Elementary, Incline Middle and Incline High School. Incline is also home to Nevada’s only four-year private university, Sierra Nevada University ( Go Eagles!) and the North Shore’s only private K-8th School, Lake Taheo School. Go Bobcats! Nevada tax benefits include no personal income tax, no corporate income tax, no gross receipts tax, no franchise tax, no inventory tax, no tax on issuance of corporate shares, no requirements of shareholders & directors to live in Nevada, no tax on sale or transfer of shares, no succession or inheritance with IRS, no sharing of information with IRS, and low property taxes.
MA RKE T
RE P O R T
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JA N.
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2 0 2 1
LIVE
LO C A L LY.
SELL
LO C A L LY.
ABOUT OUR TEAM The Inside Incline Team has been working and playing in the Lake Tahoe region for 15 years, and thus, is recognized collectively as a go-to resource for its local expertise, cooperation with colleagues, and ability to get the most complicated deals across the finish line. Founding members Don Kanare and Sabrina Belleci have built a team of hard-working, industry-savvy agents and staff to help them deliver an exceptional level of service to their buyers and sellers, and those referred to them. With the ability to cover every mile of shoreline around Lake Tahoe, there is no market need they are unable to address. All team members leverage the latest in web technologies to market listings and serve clients yet remain dedicated to time-honored networking and local connections as effective sources of business.
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@ INSIDEINCLINE
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