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Posted by: Bruce & Sandy Soli | January 8, 2014

Incline Village and Crystal Bay Year End Market Statistics 2013

The Incline Village Year End 2013 Real Estate Market Statistics are in and WOW has our market changed.  As you have been reading in newspapers, on social media and all over the TV…It is now a Sellers Market.  Sales are steady, the markets keep turning and Incline Village is NO Exception!

Incline Village and Crystal Bay Year End Market Statistics 2013 vs 2012

Total Unit Sales are up across the board 2013 vs 2012
Single Family Homes up 26%
Free Standing Homes or PUD’s up 28%
Condominiums up 16%
Year End 2013 Units Sales
 
Total Volume 2013 vs 2012
Single Family Total Volume is over $334,579,513 (up 41%)
Free Standing Homes or PUD’s Total Volume is over $37,385,694 (up 45%)
Condominium Total Volume is over $90,083,120 (up 38%)
 Year End 2013 Volume
Average Days on Market 2013 vs 2012
Single Family Days on Market averages 180 days (down -24%)
Freestanding Homes or PUD’s Days on Market are averaging 382 (up 14%)
Condominium Days on Market are averaging 137 (down -60%)
 Year End 2013 Average DOM
Median Sales Prices 2013 vs 2012
Single Family Residences are up 20% to $935,000
Freestanding Homes or PUD’s are up 33% to $770,000
Condominiums are up 28% to $400,000
 Year End 2013 Median Sales
Average Sold Prices 2013 vs 2012
Single Family Residences are up 21% to $1,640,096
PUDs are up 23% to $705,390
Condominiums are up 26% to $484,318
 Year End 2013 Average Sales
2013 Properties SOLD By Month
Year End 2013 Sales By Month

Year End 2013 IV Statistics

Posted by: Bruce & Sandy Soli | January 6, 2014

Incline Village Real Estate Market Update 2nd Half of December 2013

Incline Village Real Estate Market Update 2nd Half of December 2013

What’s been going on in the Incline Village Real Estate Market?  Find out here as each week we post the new listings, new escrow and SOLD properties right here! In the last 2 weeks of December the following has been happening in our market…Here is what has been happening December 16th-31st…

12 New Listings in Incline Village Real Estate…872 Tanager #14 at $150 is the lowest priced condo on the market aside from 383 Willow Court #3 that just listed for a crazy $90K.  This property has severe water damage and will likely take about $50K or more to fix up.  Once fixed up the unit is quite nice with tall ceilings upstairs and a one car garage.  The downfall is the complex itself, with only 4 units, no apparent signs of an HOA doing anything about the exterior of the property.  Bummer!  1302 Uri just had a face lift with new kitchen and bathroom upgrades, new carpet, new paint and new price of $339K, not surprised that it is already in escrow.  929 Northwood #55 in Third Creek was a winner of a unit and again already in escrow after only 2 weeks on the market.  560 Chiquita is an interesting property with lakeviews and a non-traditional style floor-plan.  561 Len Way is a new build project with plans and details on line.  Only down fall is the small lot and not alot of privacy around it and still…$1.368Mil.  970 Dorcey is back on the market after selling last year.  This is the only single family residence currently on the market under $500K.  606 Lakeshore has been on and off the market over the past several years and now boasts a new price tag of $.14Mil.  823 Freel was never formally listed, but hit the MLS for comp purposes only selling for $989K.

6 Price Reductions for Incline Village Real Estate…with only one to really talk about.  810 Alder #80 re-listed for a higher price of $245K, but is NO LONGER a Short Sale.  This units gets $1050 in rents per month and is currently rented month to month.  Easy to see and could be a great investment for someone or starter unit.

33 Status Updates on Incline Village Real Estate …including 8 New Escrows, 2 BOM-Back on Market, 18 SOLD and 4 Rejected by the market (either withdrawn or expired).

For a look at all the available inventory in town, visit us at www.solirealestate.com and click on properties.

Posted by: Bruce & Sandy Soli | January 6, 2014

December 2013 Real Estate Statistics and Market Report Incline Village

December 2013 Real Estate Statistics and Market Report Incline Village

Active Inventory on the Market in December 2013Statistics

Condominiums were down -21% over December 2012 and down -11% over November 2013

PUD’s or Planned Unit Developments were down -37% over December 2012 and down -16% over November 2013

Single Family Homes were down -12% over December 2012 and down -24% over November 2013

December 2013 Escrows

Condominium escrows were down -57% over December 2012 and down -29% over November 2013

PUD escrows were down -167% over December 2012 and down -67% over November 2013

Single Family Homes were down -38% over December 2012 and up 10% over November 2013

Sales For December 2013

Condominiums were down -62% over December 2012 and up 8% over November 2013

PUD’s or Planned Unit Developments were up 40% over December 2012 and up 60% over November 2013

Single Family Homes were down -21% over December 2012 and up 57% over November 2013

 

Year to Date Sales 2013

Condominiums are up 15% over 2013 YTD

PUD Sales are up 51% over 2013 YTD

Single Family Home Sales are up 26% over 2013 YTD

Market Data Retrieval December 2013

Posted by: Bruce & Sandy Soli | December 16, 2013

Incline Village Real Estate Market Update 1st Half of December 2013

Incline Village Real Estate Market Update 1st Half of December 2013

What’s been going on in the Incline Village Real Estate Market?  Find out here as each week we post the new listings, new escrow and SOLD properties right here! In the last 2 weeks of November the following has been happening in our market…With low inventory levels and buyers in the market, it makes it a GREAT time to be selling real estate.   Sellers are commanding more for their properties and buyer selection is slim.  Here is what has been happening December 1st-15th…

4 New Listings in Incline Village Real Estate…854 Lichen is not really a new listing, just a new agent and a much higher price tag.  989 Tahoe Blvd at $370K is the highest priced listing in the complex for YEARS.

10 Price Reductions for Incline Village Real Estate…Price reductions with merit include 769 Mays at $424K and 922 Jennifer, now the lowest single family home on the market in Incline Village.  This one likely will not last long.

50 Status Updates on Incline Village Real Estate …including 15 New Escrows and 4 Under Contract (getting ready to close-all conditions met), 2 BOM-Back on Market, 13 SOLD and 16 Rejected by the market (either withdrawn or expired).

For a look at all the available inventory in town, visit us at www.solirealestate.com and click on properties.

Posted by: Bruce & Sandy Soli | December 16, 2013

December 2013 Foreclosure Update

December 2013 Foreclosure Update

The most recent update on foreclosures, pre-foreclosures and distressed properties in Incline Village. Click here for the update: Red House Amongst Many Whitehttp://www.solirealestate.com/Blog/Incline-Village-Foreclosures-and-Distressed-Properties-Update-for-December-2013

Posted by: Bruce & Sandy Soli | December 1, 2013

November 2013 Real Estate Statistics and Market Report Incline Village

November 2013 Real Estate Statistics and Market Report Incline Village

Active Inventory on the Market in November 2013Statistics

Condominiums were down -33% over November 2012 and even with October 2013

PUD’s or Planned Unit Developments were down -32% over November 2012 and even with October 2013

Single Family Homes were down -13% over November 2012 and down -12% October 2013

November 2013 Escrows

Condominium escrows were down -39% over November 2012 and down -17% October 2013

PUD escrows were down -120% over November 2012 and down -40% October 2013

Single Family Homes were down -16% over November 2012 and up 26% October 2013

Sales For November 2013

Condominiums were down -33% over November 2012 and down -58% October 2013

PUD Sales were down -50% over November 2012 and down -50% October 2013

Single Family Home Sales were down -117% over November 2012 and down -167% October 2013

Year to Date Sales 2013

Condominiums are up 22% over 2012 YTD

PUD Sales are up 27% over 2012 YTD

Single Family Home Sales are up 23% over 2012 YTD

Market Data Retrieval November 2013

Posted by: Bruce & Sandy Soli | December 1, 2013

Incline Village Real Estate Market Update 2nd Half of November 2013

Incline Village Real Estate Market Update 2nd Half of November 2013

What’s been going on in the Incline Village Real Estate Market?  Find out here as each week we post the new listings, new escrow and SOLD properties right here! In the last 2 weeks of November the following has been happening in our market…With low inventory levels and buyers in the market, it makes it a GREAT time to be selling real estate.   Sellers are commanding more for their properties and buyer selection is slim.  Here is what has been happening November 18th-30th…

11 New Listings in Incline Village Real Estate…2 of the 11 Listings that were new to the market were not currently listed in the MLS and already SOLD!

11 Price Reductions for Incline Village Real Estate

33 Status Updates on Incline Village Real Estate including 12 New Escrows and 2 Under Contract (getting ready to close-all conditions met), 4 BOM-Back on Market, 10 SOLD and 5 Rejected by the market (either withdrawn or expired).

For a look at all the available inventory in town, visit us at www.solirealestate.com and click on properties.

Posted by: Bruce & Sandy Soli | November 22, 2013

October 2013 Real Estate Statistics and Market Report Incline Village

October 2013 Real Estate Statistics and Market Report Incline Village

Active Inventory on the Market in October 2013Statistics

Condominiums were down -44% over October 2012 and down -8% September 2013

PUD’s or Planned Unit Developments were down -50% over October 2012 and even with September 2013

Single Family Homes were down -8% over October 2012 and down -15% over September 2013

October 2013 Escrows

Condominium escrows were down -43% over October 2012 and down -52% over September 2013

PUD escrows were down -43% over October 2012 and up 29% over September 2013

Single Family Homes were down -71% over October 2012 and down -57% over September 2013

Sales For October 2013

Condominiums were up 16% over October 2012 and even with September 2013

PUD Sales were down -100% over October 2012 and even with September 2013

Single Family Home Sales were up 19% over October 2012 and up 25% over September 2013

Year to Date Sales 2013

Condominiums are up 25% over 2012 YTD

PUD Sales are up 30% over 2012 YTD

Single Family Home Sales are up 34% over 2012 YTD

Market Data Retrieval October 2013

Posted by: Bruce & Sandy Soli | November 22, 2013

Incline Village Real Estate Market Update 1st Half of November 2013

Incline Village Real Estate Market Update 1st Half of November 2013

What’s been going on in the Incline Village Real Estate Market?  Find out here as each week we post the new listings, new escrow and SOLD properties right here! So far in November the following has been happening in our market…The first half of November is shaping up to be a good one.  With low inventory levels and buyers in the market, it makes it a GREAT time to be selling real estate.   Sellers are commanding more for their properties and buyer selection is slim.

13 New Listings in Incline Village Real Estate

13 Price Reductions This Week for Incline Village Real Estate

51 Status Updates on Incline Village Real Estate including 16 New Escrows and 2 Under Contract (getting ready to close-all conditions met), 5 BOM-Back on Market, 9 SOLD and 19 Rejected by the market (either withdrawn or expired).

For a look at all the available inventory in town, visit us at www.solirealestate.com and click on properties.

Posted by: Bruce & Sandy Soli | October 7, 2013

Incline Village Real Estate Market Update October 1st-6th 2013

Incline Village Real Estate Market Update October 1st-6th 2013

What’s been going on in the Incline Village Real Estate Market?  Find out here as each week we post the new listings, new escrow and SOLD properties right here!

6 New Listings in Incline Village Real Estate

8 Price Reductions This Week for Incline Village Real Estate

27 Status Updates on Incline Village Real Estate

For a look at all the available inventory in town, visit us at www.solirealestate.com and click on properties.

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