Is Incline Village Real Estate slowing down or picking up? BOTH! How is that possible?…well, the listings entering the market are definitely on the slow down and good inventory is getting gobbled up quickly, whether it is a recent price reduction or a new listing…the price does matter!!!
10 New Listings Here is our commentary on these…price, price, price. Sellers, you have to be in the ballpark to get an offer. Too much competition out there to push the envelope (too much). 940 Wendy Lane will likely be the hottest property on this list, except for 584 Valley, expect that to be gone by the end of the week.
19 Price Changes 928 Wendy is almost a 1/2 price sale from where it sold in 2005, yikes! 725 Fairview is getting more enticing, but would love to see that drop below $400K, 753 Pinion Pine on the creek is getting closer, although Short Sale so you never know what the bank is going to do, 327 Second Creek should see an offer anytime now with recent price drop under $600K and 970 Dorcey Drive drops to $419K. Good drops this week, now bring on the sales!!!
30 Status Changes… 5 BOM or Back on Market, 11 New Escrows, 3 SOLD and 11 Rejected by the Market!!!