The activity is steady and Incline Village Real Estate is GREAT! Buyer and Sellers appear to both have a better understanding of the market, conditions and what is going on nationally and locally. This is great news. This week there were 4 New Listings, 16 Price Reductions and 27 Status Changes. To view the available inventory in the market visit us at www.solirealestate.com and click on ‘home search’:
4 New Listings Unfair how 715 Joyce never hit the market, huh? Great price for a lot in the Lakeview Subdivision.
16 Price Reductions 870 Southwood still has a ways to go when the last two sales in there were $125K and $112K, but getting closer, 852 Rosewood reduced to $769K too.
27 Status Changes 10 new escrows, 2 Back on Market (never a good thing), 5 properties SOLD and 3 market rejects, ouch!