Incline Village & Crystal Bay Market Report Year End 2019

2019 Year End

MARKET REPORT

Incline Village & Crystal Bay

Lakeshore Realty is the #1 company in total sales volume for 2018 & 2019

954 Lakeshore Blvd., Incline Village NV 89451

Market Stats Incline Village & Crystal Bay Market Report 2019

Median Sales Prices Single Family Home - $1,399,000 Planned Unit Development - $1,240,000 Condominium - $560,000

Total Sales Volume Single Family Home - $345,201,806 Planned Unit Development - $61,887,582 Condominium -$111,607,088

Total Number of Sales Single Family Home - 168 Planned Unit Development - 55 Condominium -167

Average Days On Market Single Family Home -181 Planned Unit Development - 104 Condominium -102

Incline Village & Crystal Bay Lakefront Incline Lakefront Crystal Bay Crystal Bay (non-lakefront) Apollo Jennifer Eastern Slope Mountain Golf Course Championship Golf Course Upper Tyner Lower Tyner Ponderosa Millcreek Ski Way The Woods Central North of Hwy 28 Central South of Hwy 28

Incline Village & Crystal Bay is comprised of 16 different neighborhoods.

Single Family Homes:

Year over year single family home sales declined from 7% followed by a slight 1% decrease in median sales prices from $1,419,000 in 2018 to $1,399,000 in 2019. The most noticeable drop can be seen with the total sales volume which saw a 12% decrease from last year.

Planned Unit Developments:

Similar to single family homes, planned unit developments (PUD’s) saw an 11% decline in sales from 2018 to 2019. However, the median sales price rose a staggering 31% from $941,750 in 2018 to $1,240,000 in 2019. The total sales volume for PUD’s declined by 2%.

Condominiums:

Following single family homes and PUD trends, year over year, condos saw a 12% decline in sales. The median sales price rose 2.7% from $545,000 to $560,000. The total sales volume saw a modest decline of 5% compared to last year.