NV East Shore Real Estate Update

REAL ESTATE UPDATE LAKE TAHOE

There were 9 residential home sales on the Nevada East Shore in February as compared to 13 last year. The median sales price hovered around $890,000 – same as last year. The days on market however declined from 201 days in 2019 to 145 in 2020. Five of the sales occurred along the Kingsbury Grade area with 2 at Round Hill, and 1 each at Zephyr Heights and Skyland. There were an additional 5 condo/townhome sales as compared to 6 last year. Nothing changes if nothing changes, they say however if you decide to sell your residence and are looking for an experienced local agent with 25 years of experience, I’d be happy to help. Robert Stiles, REALTOR® NV BS.1001136 CHASE INTERNATIONAL 530-314-0352 / 775-309-8454

Lake Village

Lake Village

Lake Village is a planned unit development of 330 townhouses spread out over 52 acres of forestland at Stateline, Nevada. It was designed and built in the early 1970s with homes ranging from 1 bedroom, 2 bath up to 4 bedroom, 3½ bath.  Two and three bedroom units are the most common. Some even have private outdoor hot tubs.

Both residents and guests have access to the seasonal, heated outdoor swimming pool. There are also four tennis/pickleball courts, a basketball hoop, and a year-round outdoor hot tub. Dry saunas, and a picnic area with propane barbecues are available, as well as nearby hiking and bike trails.

Nevada Beach is an approximate 15-minute walk through the meadow across Highway 50.  Stagecoach and Boulder Lodges at Heavenly are only a seven-mile drive up Kingsbury Grade. These advantages make Lake Village a popular destination in both summer and winter.

All the townhouses are privately owned. Some of Lake Village’s owners live here year round and while some use Lake Village as their second, or vacation home. Many also rent their homes out for long-term or short-term vacation use too. For more information or to schedule a time to view this area contact Robert Stiles, REALTOR® at CHASE INTERNATIONAL 530-314-0352.



Nevada East Shore Year End Real Estate Preview

REAL ESTATE UPDATE LAKE TAHOE

The Nevada East Shore real estate market heated up in 2019.  Thus far we’ve experienced 25% more single family residential sales than during 2018.  The increase in numbers from 106 to 133 units does not include 6 lakefront sales.  The median sales price for the area also increased 13.9% to $900,000.  Days on market to sell a home declined by 15%.  I’m seeing an increase in the number of families wanting to leave California.  Happy Holidays! 

NV East Shore October Update

REAL ESTATE UPDATE LAKE TAHOE

October’s median sales price for single family residences on the NV East Shore was $1,000,000.  Days on market averaged 111.  The lowest priced unit sold was located on Tina Ct for $499,000.  The highest was in the Glenbrook community for $5,450,000.  Most of last month’s sales occurred in the mid Kingsbury and Zephyr Heights communities.  There were a total of 15 sales last month.  This compares to only 10 residential units sold last year at this time with a median sales price of $778,750.

89448 Update for October 2019

REAL ESTATE UPDATE LAKE TAHOE

Days on market in October increased by 10% from this time last year.  However the total number of sales in the 89448 zip code doubled from 6 last year to 13.  The median price of those sales also increased from $641,500 to $800,000   but this last bit of information really only says that those with lower priced homes decided to sell last year while those with higher priced homes decided to sell this October.  The important figure to note here is the increase in the average days on market.  This typically means a slowdown in the market place however we’ll watch to see what occurs over the next few months.  Please contact me if you have any questions or concerns or would just like to receive a free price analysis of your residence.  Robert Stiles, REALTOR® CHASE INTERNATIONAL  BS.1001136 NV 530-314-0352

330 Seminole Way – Open House

330 Seminole Way 89448

Come this Saturday, Sept 7th to Round Hill and see a gorgeous contemporary style residence. Backing to miles of wooded U.S. Forest Service land, this updated home stands out above the rest. Enjoy the peaceful seclusion of seemingly endless forest views on the new back deck yet you are just minutes from downtown, Heavenly Ski Resort, and the lake.  Contact Robert Stiles, REALTOR® Chase International for more information. 530-314-0352 NV BS.1001136 Open from 11 am to 2 pm.