Markets across the US are all reporting similar statistics…sales are climbing and inventory levels are declining. So is true for our area of Incline Village and Crystal Bay, NV. For the month of July 2012 Team Soli is reporting the following activity from the Incline Village Board of Realtors MLS…
July 2012 Market Statistics
128 Active Condominiums Currently on the Market, 37 in Escrow and 18 sold in July 2012, Absorption rate of approximately 14 months.
45 Free Standing Condominiums or PUD’s on the Market, 11 in Escrow and 2 Sold in July 2012, Absorption rate of approximately 13 months.
194 Single Family Homes Currently on the Market, 29 in Escrow and 19 Sold in July 2012, Absorption rate of approximately 16 months.
4 Investment Properties Currently on the Market, 1 in Escrow and 0 Sold in July 2012, Absorption rate of approximately 1 month.
Year to Date Sales
65 Condominiums (up 12% over 2011)
17 PUD’s or Freestanding Condominiums (up 12% over 2011)
71 Single Family Homes (up 27% over 2011)
1 Investment Property (even with last year)
View the detailed figures for more information on various price points…Market Data Retrieval July 2012