Incline Village & Crystal Bay Real Estate Update April 4, 2025 | Transitioning into Spring at Lake Tahoe

Spring is in the air here at Lake Tahoe, and it feels like a new chapter is opening. This past week, we experienced what may have been the last big winter storm of the season. While we cherish these final snowy moments, we’re also hopeful for April showers to maintain a healthy snowpack. The promise of warmer weather has us all daydreaming of summer days by the lake, and with that comes a noticeable buzz in the real estate market.

Sellers are making preparations for what promises to be a lively summer season. With the recent fluctuations in the stock market and a rapid decrease in T-bill percentages, we’re optimistic that interest rates will continue their gentle decline. This timing couldn’t be better for buyers eager to make their Lake Tahoe dreams a reality.

This Week’s Market Highlights

✅ 13 New Listings

✅ 1 In Escrow

✅ 8 Price Adjustments

✅ 8 Closings

This week alone, we saw 13 new properties hit the market, ranging from a $415,000 condo nestled in the center of town to a $6,000,000 luxury estate in Lower Tyner. These new listings showcase the incredible variety that the Incline Village real estate market has to offer.

One standout property is 1000 Lakeshore Blvd #18. Located in a charming complex across from the Hyatt Regency, it’s just steps away from Incline Village’s private beaches and the Country Club Mall. This fully remodeled unit is turn-key and boasts three bedrooms, three full bathrooms plus a powder room, a storage locker for all your outdoor gear, and a true one-car garage. With a coveted Lakeshore address, it’s a rare find priced at under $2,000,000.

Much like the local wildflowers peeking through the snow, we’re spotting familiar properties re-entering the market. Several of this week’s new listings were previously for sale late last year and were taken off the MLS for the winter months. Now, they’ve returned, ready to charm potential buyers as the weather warms up.

Spring is such an exciting time at Lake Tahoe. With the snow melting, trails opening, and homes popping onto the market, the season is brimming with opportunity. Whether you're a seller looking to seize the moment or a buyer ready to find your mountain or lakeside retreat, there's no better time to act. Lake Tahoe holds magic year-round, but there’s something especially invigorating about its spring awakening.

Real Estate Statistics for Incline Village & Crystal Bay

	Houses	Condos	PUDs
For Sale	41	55	8
Under $1 million	0	33	2
Median Price for Sale	$4,000,000	$995,000	$1,972,000
YTD Sales 2025	13	18	9
YTD Sales 2024	23	20	7
YTD Sales 2023	7	16	6
New Listings	13
Price Reductions	8
In Escrow	1
Range in Escrow	$2,300,000
Closed Escrow	8

Please keep in mind that these numbers are based on data from the Incline Village Board of REALTORS® or its Multiple Listing Service as of 4/4/2025