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Posted by: Bruce & Sandy Soli | January 30, 2010

Inside the Incline MLS Week of January 18th-24th

Signs in the market do not indicate a slowdown and as a matter of fact slow and steady seems to be the nature of the current market. During the week of January 18th-24th the following took place in the Incline Village Real Estate Market:

New Listings:  3 condos hit the market, 1 new PUD (Planned Unit Development) and 4 Single Family Homes.

Price Changes: 9 condos reduced their prices this week, 2 PUDs and 3 Single Family Homes.

New Escrows4 condos were the lucky recipients of an offer that was actually accepted, 1 PUD and 2 Single Family Homes.

Sales for the Week2 PUDs and 2 Single Family Homes closed and were able to move on.  Both PUD and SFH sales were GREAT deals for the buyers and probably a relief for the sellers.  Some of these homes have been on the market for over a year and a half.  Ouch!

Market Rejects4 condos were rejected by the market this week, 2 PUDs and 4 Single Family Homes although 3 of these were withdrawn due to an agent changing offices.

For all the best deals in the market, click here…

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