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Posted by: Bruce & Sandy Soli | September 28, 2009

The Incline Insider Week of 9/21-9/27 2009

Almost closing out the month of September. It is scary how fast time flys. Welcome to the Incline Insider where we share what is happening in Incline Village Real Estate and Inside the MLS system.

For the week of 9/21-9/27 there were a total of 5 new listings…2 condos and 3 single family homes.

There were only 9 condo price reductions, 4 PUD or planned unit developments and 4 single family homes that changed their price.  The interesting thing about the 4 single family homes is that they are or were all over $3Mil and are now reduced.  I feel a new clog article coming on, look for a blog on ‘Reduced Luxury Living’.

11, well really 12 new escrows with 3 condos, 1 PUD and 7 new escrows + 1 that went straight from active to under contract meaning there are no contingencies.  Must be a heck of a good house or the offer must have been all cash and the buyer got a GREAT deal!

Sales were pretty good with 3 condos closing, 1 PUD and 3 single family homes. The closings this week were complete ‘hot buys’ and some of which were stolen.  941 Divot closed for $530K fully furnished, Fairway Pines closed for $505K and 333 Ski Way #249 closed for $324K.  Of the single family homes closed this week, 804 Geraldine closed for $399K, Wassou closed for almost $200K less at $695K and Matchless Court was apparently purchased back by the original owners for an even mil.  Good week for buyers.

Market rejects were low as expected since most listings expire at the end of the month.  There were 4 condos pulled from the market and 4 single family homes.


Responses

  1. Is that the number that are litesd for sale, or the total number? I would imagine there are more homes than this, considering places like Lake Windward and several country clubs in Johns Creek and Roswell on the river. I would have guessed a lot higher.


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