Incline Village Listings & Sales- June 24

The pace of new listings slowed this past week in Incline Village, with 19 new homes, condos and PUD’s coming onto the market this past week (compared to 28 the week prior). The number of properties in escrow in the Incline Village real estate market is stable at 52 (51 the week prior), with a slight increase of 455 active listings (451 the week prior)- 208 single family homes, 174 condos, 47 PUD’s (free standing townhomes), 17 lots, and 9 commercial/investment properties. Total sales to date 2010 are 113.

Incline Village home sales
This past week, we saw 8 new sales in the Incline Village market (6 sales for the week prior), including 3 single family homes and 5 condos. Sale prices ranged from $236K to $700K, with one sale at $3.3MM- a Vivian Lane home with common lake frontage. All sales were cash to new loans.
View all 8 home sales for the past week in Incline Village and Crystal Bay

Incline Village home contracts
10 properties went into contract this past week, including 5 single family homes and 5 condos, 4 of these are short sales. Notable new escrows include 250 Estates, listed at $1.5MM in Millcreek.
View all  10 new homes in contract this past week in Incline Village and Crystal Bay

Incline Village new listings
19 new listings came onto the market this week, down from 28 the week prior. Two great lake view homes were listed, including my listing at 1041 Apollo Court- a newer construction, 5 bedroom home with unobstructed panoramic lake views of the entire Lake, an indoor swimming pool, theater, game room, gourmet kitchen, and office space.
View 9 homes listed this week in Incline Village
View 8 condos listed this week in Incline Village
View 1 townhome listed this week in Incline Village
View 1 investment listed this week in Incline Village

Price Reductions
There were 28 price reductions (and 4 price increase) this past week in Incline Village. View all 32 price changes this week