It is officially the ‘Tweener Season’ where Winter has ended, ski areas are closing (even though the snow is some of the best we have had all year) and we wait for Spring to heat up a bit and push us full steam into Summer. Sales were slow this week with only 1 Sale reported to the MLS, but 
we appear to remain steady while new escrows keep on coming. The good deals are going fast so as a Buyer you must be ready to strike. Inventory levels are currently low, new inventory steadily coming on the market and all indicators on that we are working our way to the recovery. Sellers beware as more and more inventory is going to hit the market in the next couple of months as we head into our busiest season for Real Estate. The good news is that market indicators suggest we are past the bottom of the market and on a slow and long journey to recovery. This does not mean that prices will be rising anytime soon, but it does mean that while inventory levels, your competition is lower and with attractive pricing and amenities on your home you may just get that offer you have been waiting for.
To review all the available inventory visit us at www.SoliRealEstate.com and click on Home Search.
Incline Village and Crystal Bay Real Estate Market Watch for the week of April 9th-15th, 2012 |
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| 8 New Listings in Incline Village and Crystal Bay Real Estate | ||||||||
| Property | Status | Address | Unit # | DOM | Orig List $ | List $ | ||
| CON | A | 989 TAHOE BLVD | 11 | 1 | 175,000 | 175,000 | ||
| CON | A | 989 TAHOE BLVD | 53 | 1 | 165,000 | 165,000 | ||
| PUD | A | 1325 ZURICH LN | 0 | 449,000 | 449,000 | |||
| RES | A | 982 SAND IRON DR | 22 | 1,195,000 | 1,195,000 | |||
| RES | A | 830 ELLEN CT | 162 | 500,000 | 500,000 | |||
| RES | A | 818 JENNIFER ST | 198 | 649,000 | 649,000 | |||
| RES | A | 225 PINE CONE RD | 1 | 739,000 | 739,000 | |||
| RES | A | 240 ESTATES DR | 1 | 5,250,000 | 5,250,000 | |||
| 9 Price Changes in Incline Village and Crystal Bay Real Estate | ||||||||
| Property | Status | Address | Unit # | DOM | Orig List $ | List $ | ||
| CON | A | 820 ORIOLE WAY | 56 | 32 | 299,900 | 270,000 | ||
| CON | A | 837 SOUTHWOOD BLVD | 14 | 129 | 255,000 | 245,000 | ||
| CON | A | 998 DRIVER WAY | 4 | 25 | 359,000 | 349,000 | ||
| CON | A | 501 LAKESHORE | 47 | 685 | 1,550,000 | 1,250,000 | ||
| CON | C | 801 NORTHWOOD | 3 | 169 | 209,000 | 170,000 | ||
| RES | A | 480 PAHUTE | -102 | 1,435,000 | 1,395,000 | |||
| RES | A | 714 MAYS BLVD | 86 | 1,750,000 | 1,650,000 | |||
| RES | A | 866 OPHIR PEAK RD | 307 | 2,575,000 | 1,999,999 | |||
| RES | P | 635 ALPINE VIEW DR | 85 | 950,000 | 725,000 | |||
| 12 Status Changes in Incline Village and Crystal Bay Real Estate | ||||||||
| Property | Status | Address | Unit # | DOM | Orig List $ | List $ | SOLD $ | Sold Date |
| CON | A | 171 VILLAGE BLVD | 15 | 202 | 599,000 | 550,000 | ||
| CON | A | 333 SKI WAY | 257 | 250 | 189,000 | 175,000 | ||
| CON | C | 861 SOUTHWOOD | 12 | 291 | 385,000 | 299,000 | ||
| CON | C | 366 COTTONWOOD CT | A | 209 | 415,000 | 415,000 | ||
| CON | S | 760 Northwood Blvd | 202 | 265 | 189,995 | 189,995 | 189,995 | 4/13/12 |
| PUD | C | 848 ROSEWOOD CIR | 18 | 799,000 | 799,000 | |||
| PUD | W | 978 GLENROCK | 230 | 329,900 | 297,700 | |||
| RES | A | 997 APOLLO WAY | 152 | 1,385,000 | 1,385,000 | |||
| RES | A | 480 PAHUTE | -102 | 1,435,000 | 1,395,000 | |||
| RES | P | 635 ALPINE VIEW DR | 85 | 950,000 | 725,000 | |||
| RES | X | 235 PINE CONE | 323 | 1,429,000 | 1,429,000 | |||
| RES | X | 553 KNOTTY PINE DR | 182 | 1,499,000 | 1,489,000 | |||
Bruce,
Seeing the same trend over at Carson — albeit — slower than Reno’s rapidly decreasing supply and Tahoe’s improving sales.
I think I’m ready for summer, myself.
-Joe
By: Carson City Homes on April 23, 2012
at 11:40 pm