Incline Village & Crystal Bay Real Estate Update June 26, 2025

Our warmer days stretch into the evening and lead to thunder and showers in Tahoe this time of year. It marks the onset of July and huge celebrations across the basin as we inch closer to the Fourth. Incline Village and Crystal Bay communities hustle to string American banners and line the streets with flags that mark our traditional parade course. Preparations even include the logistics of launching and anchoring the fireworks barge just off Ski Beach, which builds anticipation for the spectacular show on the horizon. All of which speaks to the patriotism of the region.    

As the excitement grows, the number of properties for sale is also on the rise. Sellers reveal flexibility with pricing based on reductions across all types of properties. Despite the higher mortgage rates that effect movement on the market, the light at the end of the tunnel suggests a market rebalance. This creates opportunities for buyers who are ready to take the plunge. 

The slight increase with inventory continues to reflect an array of options. Luxury homes on the market this week offer sweeping views of Mount Rose Wilderness Peaks and Lake Tahoe. Classic traditional designs in these homes create the perfect settings for soaking up the Tahoe life with privacy.  708 Champagne Road boasts of all things luxurious. Experience the feel of a classical alpine estate with European refinement, while you relax in the meticulously crafted garden and watch the sun set.  

If that’s not your style, there are plenty of options to choose from in Incline Village and Crystal Bay. Our market highlights provide all the details. Dig in for a review to discover the property that suits you best.   

Real Estate Statistics for Incline Village & Crystal Bay 

	Houses	Condos	PUDs
For Sale	87	92	10
Under $1 million	0	52	0
Median Price for Sale	$3,400,000	$975,000	$2,537,500
YTD Sales 2025	34	43	18
YTD Sales 2024	43	48	9
YTD Sales 2023	25	39	10
New Listings	16
In Escrow	6
Price Reductions	14
Range in Escrow	$649,000 - $12,900,000
Closed Escrow	5

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 06/26/2025