With Memorial Day behind us, we are officially into the ‘Swing of Summer’ in Real Estate in Lake Tahoe. Each month we break
down the Incline Village and Crystal Bay MLS to bring you a summary of what is happening in our market and which direction we are headed in. For May 2012…the following is happening…For most it is a pick up in activity, good news!
Incline Village Real Estate May 2012
Single Family Homes (compared to same time period 2011
173 Active for Sale (down -2%)
33 In Escrow Currently (up 48%)
10 Properties SOLD in May 2012 (up 20%)
Planned Unit Developments (Freestanding Condominiums within an HOA)
45 Active For Sale (down -9%)
6 Currently in Escrow (down -83%)
3 SOLD in May 2012 (up 33%)
Condominiums
129 Active for Sale (down -7%)
31 Currently in Escrow (up 16%)
11 SOLD in May 2012 (up 27%)
Units Sold To Date Comparing 2012 to 2011 Same Time Period
Single Family Homes-45 Sold to date, up 20%
Planned Unit Developments-11 Sold to date, up 18%
Condominiums-37 Sold to date, up 20%
To view all the statistics for the month including breaking it down to price points and property types, click here! You can also compare April 2012 to May 2012 for more data!