With Fed Rates Rising And Political Chaos, Is The Incline Village Real Estate Marketing Shifting?
We might be seeing a turn in the Incline Village real estate market or it could just be an anomaly. But for the first time in a very long time only 2 properties went into escrow last week on the Incline Village MLS. There were 9 new listings in Incline Village and Crystal Bay. So, that marks a new differential in new listings versus accepted offers.
The combination of Fed rate hikes, inflation, volatile stock market and political chaos in numerous countries may be contributing factors. Or, it could just be an off week and things may rebound soon. Only time will tell and we will be here to report all the important info to our readers so you can stay informed.
The eye-catching new listing this week is a sweet 3BR, 2BA penthouse condo at 335 Ski Way - #353 Burgundy Hill. This is arguably the finest location in the complex since it’s a top floor, end unit with views in multiple directions. Enjoy fantastic sunsets plus you won’t have any footsteps pounding above your head in this great property.
This nicely remodeled condo has elegant touches throughout. You’ll find leathered granite counter tops, stainless steel appliances, breakfast bar, steam shower, a walk-in shower in the master bath and much more. The wrap around deck is a delightful place from which to enjoy the view. And don’t forget the underground parking garage with elevator. This makes for easy access all year ‘round.
The condo is located just a short distance from the Diamond Peak Ski Area. And it’s a smidgen over a mile to the Raley’s shopping center in the heart of Incline. This unit has rarely come on the market so if you want one of the best condos in all of our community don’t hesitate or you’ll be disappointed.
With summer right around the corner, the snow is melting fast and the creeks are bubbling along. But the water in Lake Tahoe is still very cold and swimming right now is for the adventurous. Enjoy the sunshine and the beach, but please don’t swim too far out into the lake unless you’re in a wet suit.