Incline Village Real Estate and Community News

May 20, 2019

WEEKLY INCLINE VILLAGE MARKET CONDITION REPORT

Incline Village, NV 89451

Mon May 20 2019 

This week the median list price for Incline Village, NV 89451 is $1,595,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 33. Click here to stay informed with the Incline Village market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

 

 

 

 

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Posted in Market Updates
May 14, 2019

SPRINGTIME IN THE SIERRA

SPRINGTIME IN THE SIERRA

Few places on the planet are as picturesque and fun-filled as springtime in the Sierra. Idyllic days come in succession as snow thaws, wildflowers bloom and the water warms. After a season of snowplay, the region comes alive with days that start in ski boots and end in flip flops or golf shoes. Below is our guide to making the most of spring days in the Sierra.

SHREDDING INTO SUMMER 

If you’re sorry to see the snow go, never fear. This year some resorts are staying open well into spring, even summer.

READ MORE>>>

GET INTO THE SWING OF SPRING 

Prefer expanses of green over white? Then head over to historic Old Brockway Golf Course in Kings Beach, fully open since April 26. 

MORE COURSE OPENINGS>>> 

DRINKS ON THE DECK

Spring is when Tahoe's favorite outdoor drinking holes open for the summer and the signature cocktails start to flow. 

READ MORE>>> 

BREWERY BONANZA

Much like the renowned western television series shot in Incline Village, beer lovers will find a “Bonanza” of craft breweries with scenic views and tasty brews via these North and South Lake Tahoe maps. 

READ MORE>>> 

BEACH COMBING

Looking for a good beach in Tahoe? Now there is an app for that! The Lake Tahoe Beaches app uses GPS to help you find nearby beaches and driving directions.

READ MORE>>> 

MAY EVENTS

From Art & Yoga to Farmers Markets and Outdoor Music, spring ushers in a plethora of feel-good events. 

 

Posted in Market Updates
May 14, 2019

WEEKLY INCLINE VILLAGE MARKET CONDITION REPORT

Incline Village, NV

Tue May 14 2019 

This week the median list price for Incline Village, NV is $1,610,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 32. Click here to stay informed with the Incline Village market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

 

 

 

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

 

Posted in Market Updates
May 10, 2019

OPENING DATES FOR 2019 FOR LAKE TAHOE BEACHES, CAMPGROUNDS AND DAY USE AREAS

The Lake Tahoe Basin Management Unit of the U.S. Forest Serve  projected opening dates for various Lake Tahoe beaches, campgrounds, resorts and day use areas.

Also, even though it is still too cold to start swimming season, here's a link to a list of Forest Service beach and picnic areas on Lake Tahoe and their access and amenities. Start planning.

Their entire list is below. All dates are weather permitting.

Baldwin and Nevada beaches will be the first sites to open on Sat., Apr. 27, 2019. The Taylor Creek Visitor Center opens Sat., May 25. The Tallac Historic Site parking area opens Mon., May 13, and will be staffed beginning Sat., May 25.

Campgrounds/Resorts

Round Hill Pines Resort – May 11

Meeks Bay Resort, William Kent, Kaspian, Meeks Bay, Bayview, Fallen Leaf, and Nevada Beach campgrounds – May 10

Camp Richardson RV Park, Eagles Nest and Badgers Den campgrounds – May 24

Luther Pass Campground and Angora Resort – May 25

Blackwood Canyon and Watson Lake campgrounds – June 1

Day-use Areas

Baldwin and Nevada beaches – April 27

Chimney Beach and Secret Harbor – May 15

Sandpit Off-Highway Vehicle (OHV) Area – May 10

Eagle Falls restrooms, Kiva Picnic Area, McKinney Rubicon Trailhead restrooms, Sawmill Pond and Tallac Point – May 15

Big Meadow Trailhead and Pope Beach – May 25

Posted in Community News
May 8, 2019

NORTH LAKE TAHOE FIRE PROTECTION DISTRICT – ISO’S NEWEST CLASS 1 COMMUNITY

NORTH LAKE TAHOE FIRE PROTECTION DISTRICT – ISO’S NEWEST CLASS 1 COMMUNITY

The North Lake Tahoe Fire Protection District was officially awarded a Public Protection Classification 1, the highest ranking possible through the Insurance Services Office (ISO) at the November 27th Board of Directors meeting. This change will be effective March 1, 2019 for Incline Village and Crystal Bay property owners.

Out of the 46,000 fire districts across the country, less 1% (329 fire districts) have a Classification 1. In the state of Nevada, there are three fire districts with a Classification 1 – North Lake Tahoe Fire Protection District, Las Vegas Fire & Rescue Department and Fallon/Churchill Volunteer Fire Department. There are five areas of evaluation that are reviewed and considered when determining a classification level: Communication Infrastructure, Fire Mitigation Geographic’s, Fire Department, Water Supply, Community Risk Reduction. We would like to thank and acknowledge Incline Village General Improvement District (IVGID) for providing outstanding water supply distribution and capability. The Water Supply component is 40% of the total rating schedule.

ISO’s Public Protection Program (PPC) plays an important role in the underwriting process at insurance companies. ISO is the leading supplier of data and analytics for the property/casualty insurance industry. Most insurers use PPC classifications for underwriting and calculating premiums for residential, commercial and industrial properties. This information is an essential part of their decision making when deciding what business to write, coverage’s to offer or prices to charge for personal or commercial property insurance.

Each insurance company independently determines the premiums it charges its policyholders. The way an insurer uses ISO’s information public fire protection may depend on several things – the company’s fire-loss experience, rate-making methodology, underwriting guidelines, and its marketing strategy.

PPC is important to communities and fire departments. Communities whose PPC improves may get lower insurance prices. PPC also provides fire departments with a valuable benchmark and is used by many departments as a valuable tool when planning, budgeting and justifying fire department improvements.

http://tahoe.livingwithfire.info/wp-content/uploads/2018/12/North-Lake-Tahoe-FPD-ISOs-newst-Class-1-Community-Effective-March-1-2019.pdf

Posted in Community News
May 6, 2019

WEEKLY INCLINE VILLAGE MARKET CONDITION REPORT

Incline Village, NV 89451

Mon May 06 2019 

This week the median list price for Incline Village, NV 89451 is $1,650,000 with the market action index hovering around 26. This is an increase over last month's market action index of 25. Inventory has held steady at or around 31. Click here to stay informed with the Incline Village market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Posted in Market Updates
April 29, 2019

WEEKLY INCLINE VILLAGE MARKET CONDITION REPORT

Incline Village, NV 89451

Mon Apr 29 2019 

This week the median list price for Incline Village, NV 89451 is $1,592,500 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 32. Click here to stay informed with the Incline Village market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

 

 

 

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

 

Posted in Market Updates
April 22, 2019

WEEKLY INCLINE VILLAGE MARKET CONDITION REPORT

Incline Village, NV 89451

Mon Apr 22 2019 

This week the median list price for Incline Village, NV 89451 is $1,650,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 31. Click here to stay informed with the Incline Village market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

 

 

 

 

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Posted in Market Updates
April 18, 2019

WEEKLY INCLINE VILLAGE MARKET CONDITION REPORT

Incline Village, NV

Thu Apr 18 2019 

This week the median list price for Incline Village, NV is $1,745,000 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has held steady at or around 30. Click here to stay informed with the Incline Village market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

 

 

 

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Posted in Market Updates
April 8, 2019

WEEKLY INCLINE VILLAGE MARKET CONDITION REPORT

Incline Village, NV 89451

Mon Apr 08 2019 

This week the median list price for Incline Village, NV 89451 is $1,672,500 with the market action index hovering around 26. This is an increase over last month's market action index of 24. Inventory has held steady at or around 26. Click here to stay informed with the Incline Village market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

 

 

 

 

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer's market prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller's zone, and we are likely to see upward pressure on pricing.

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Posted in Market Updates