Incline Village Real Estate Blog

August 25- September 1, 2010

Number of new escrows continues to climb- doubling the typical weekly average to 15 new pending sales, including one lakefront home with a gorgeous sandy beach a few properties down from Incline Beach, gutted and ready to completely remodel. Three other homes over $2M also went into contract this week.

8 New Listings
-  all under $1M
- no short sale/REO
7 New Sales Closed
- 2 short sale, 1 REO
- all under $600K
15 New Pending Listings
- 3 contracts over $2M
- 1 lakefront $11.5M

Current Market Activity
504 active listings-
dropped 10 from last wk
(234 homes, 191 condos,
54 PUD, 17 lots, 8 other)
62 pending sales
155 sales year-to-date

August 18- August 25, 2010
Notable changes in the market- 14 new escrows this past week, double the average 6-7 per week!

17 New Listings
- 7 listings over $1M
- 1 lakefront at $6.85M
6 New Sales Closed
- 1 short sale, 2 cash
- 4 sold under $1M
14 New Pending Listings
- 2X as many as last week!
- 1 NV lakefront $9M

Current Market Activity
514 active listings
(242 homes, 196 condos,
54 PUD, 17 lots, 8 other)
62 pending sales
155 sales year-to-date