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Posted by: Bruce & Sandy Soli | August 20, 2012

Incline Village and Crystal Bay Market Watch August 6-12th 2012

Incline Village and Crystal Bay Real Estate….steady as she goes in Summer of 2012.  LEss inventory and more buyer confidence sparks more activity in Real Estate Sales and new escrows.  For the week of August 6-12, 2012 the following was happening in Incline Village Real Estate.  All numbers and data reported directly from the IVBOR MLS.  7 New Listings, 16 Price Reductions and 29 Status Changes for the week.

7 New Listings …of these new listings 886 Rosewood is a great price on the model home with all the bells and whistles inside Incline Creek Estates and 861 Southwood #9 at $250 seems like a good price too, have yet yo inspect the interior of that unit, the price is below the last sale in the complex.










16 Price Reductions …1070 Sawmill appears to be getting closer to a real sales price, 314 Winding Way just reduced to $599 in line with other relevant properties, but still sits directly over the highway and couple of price reductions in that $2Mil price point.  With Labor Day around the corner Sellers are beginning to get very serious.














29 Status Changes …Lots of new escrows this week (16 to be exact), keep the activity coming and 6 Sales.

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