Market Update
Q2 2026 Market Update: Summer Market in Incline Village & Crystal Bay
$20M
Highest Sale
740 Lakeshore Blvd
$3,272/sq ft
Top $/sq ft
260 Northlake Circle
84
Closed Sales
Q2 2026
36
Under Contract / Pending
Heading into Q3
Where Q1 was defined by a handful of headline-grabbing trophy transactions, Q2 had 84 closed sales spread across nearly every neighborhood and price point in Incline Village and Crystal Bay, anchored by a $20,000,000 sale on Lakeshore Boulevard.
The Top of the Market
Q2’s luxury activity was still significant, just without the concentration at the very top that defined Q1:
- 740 Lakeshore Boulevard — A 2024-built lakefront estate in the Lakeview Subdivision closed at $20,000,000, the quarter’s highest recorded sale.
- 260 Northlake Circle — This Crystal Bay Lakefront property sold for $13,800,000, and at $3,272 per square foot, it carried the highest price-per-square-foot of any closed sale this quarter.
- 739 Burgundy Road — A brand-new 2026 build on the Eastern Slope closed at $11,800,000.
- 701 Fairview Boulevard — Another Eastern Slope estate, this one closed at $11,709,000.
- 726 Lakeshore Boulevard — Rounding out the top tier, this Lakeview Subdivision property sold for $10,000,000.
Breaking Down the Submarkets
Q2 activity was spread across the village. Here’s where buyers were concentrating:
- Lower Tyner — One of the busiest pockets in the village this quarter, with closings ranging from $1,030,000 for a condo to 577 Poco Court at $6,499,000.- Eastern Slope — Still a stronghold for size and scale, with closings spanning from a $1,150,000 condo to the $11,709,000 Fairview Boulevard estate.
- Tyrolian Village (Skiway) — The high sale here was 1463 Glarus Court at $3,900,000, the top single-family closing in the neighborhood this quarter.
- Village Highlands — 150 Juanita Drive Unit #2 closed at $3,100,000, a record sale for the neighborhood.
- Lakefront Incline — Multiple condo sales at 525 and 549 Lakeshore Boulevard closed between $4,200,000 and $4,675,000, with price-per-square-foot figures north of $2,700 — a reminder that lakefront condo product continues to command a real premium even without single-family square footage.
- Central South of Hwy 28 — The entry-point corridor for the market, with closings as low as $380,000, alongside larger transactions up to $3,100,000.
Q2 2026 Sales at a Glance
| Neighborhood | High Sale | Low Sale | Notable Metric |
|---|---|---|---|
| Lakeview Subdivision | $20,000,000 | $580,000 | Premium pricing held across multiple closings |
| Crystal Bay Lakefront | $13,800,000 | — | Highest $/sqft ($3,272) |
| Eastern Slope | $11,709,000 | $1,150,000 | Two sales over $11M |
| Lower Tyner | $6,499,000 | $1,030,000 | Nine closings across a wide price band |
| Central South of Hwy 28 | $3,100,000 | $380,000 | Entry-point for the Incline Village market |
Momentum Heading Into Q3
Closed sales only tell you where the market has been. The 36 properties currently under contract or pending tell you where it’s headed — which is already lining up to be a big quarter.
- 797 Ida Court — Under contract at $10,500,000 in the Jennifer neighborhood, this would be the second-largest sale of the year if it closes at list.
- 951 Divot Court — A $7,000,000 Mountain Golf Course estate under contract.
- 886 Freels Peak Drive — A $5,900,000 sale pending in the Lakeview Subdivision.
- 919 Driver Way — A $4,950,000 Championship Golf Course property under contract.
- 525 Lakeshore Boulevard Unit #41 — A $4,299,000 lakefront condo, pending.
Ida Court and Divot Court are both significant transactions in their own right, and if they close as expected, they’ll add to what’s already been a strong year for luxury sales in the village.
What This Means for You
With 155 total properties currently active across Incline Village and Crystal Bay — 80 single-family homes and 75 condominiums — buyers heading into the second half of the year have more to choose from than they did at any point earlier this year. That’s a meaningful shift from the tighter conditions of Q1.
For sellers, the lesson from Q2 isn’t about chasing the biggest number you’ve seen sell. It’s about knowing exactly where your home sits in your specific neighborhood and building a marketing plan around that. Pull comps from your street, price to the data you actually have, and make sure your property is positioned to compete with what’s on the market today and where the market is headed.
For buyers, the under-contract queue is worth watching closely. A market with 36 properties already in escrow heading into July is not a market that’s slowing down for summer — it’s one that’s setting up for an active Q3. Expect competition and be prepared to move decisively when the right property comes on. If you’re more flexible on location, the broader inventory gives you room to be selective rather than reactive, particularly in neighborhoods that haven’t seen the same volume this quarter.
Frequently Asked Questions
Should I read the 36 pending sales as a sign the market is heating up?
How do I know if my asking price is in line with what's actually selling in my neighborhood?
Why did lakefront condos at 525 and 549 Lakeshore Boulevard sell for so much more per square foot than single-family homes?
About the Author: Hayden Haffey is an Incline Village resident and Realtor specializing in the hyper-local submarkets of the Nevada North Shore. With a background in family consultancy, Hayden prioritizes an educational, data-driven approach over high-pressure sales, helping clients navigate the complexities of Lake Tahoe real estate with clarity and intentionality. When he isn’t analyzing market trends, you’ll likely find him skiing, mountain biking, or enjoying the lake with his wife and two daughters.