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Posted by: Bruce & Sandy Soli | November 19, 2012

Real Estate Market Watch Incline Village November 12-18th 2012

Real Estate Market Watch for Incline Village November 12-18th, 2012

It is traditionally called the slow season or the ‘shoulder season’ and it will not last long.  There is still new inventory hitting the market and the new inventory when priced right is moving quickly.  The remainder that is pushing the pricing envelope will join the others that we still call the ‘oversupply of inventory’.  For the week of November 12-18th the following was happening with Incline Village Real Estate and THE MARKET WATCH!!!  5 New escrows, 5 price changes and 18 Status Changes…of the Status Changes…

To view ALL of the available inventory on the market visit us at www.SoliRealEstate.com and click on ‘Home Search’!

5 NEW Properties on the Market

810 Alder #82 for $230K

120 Country Club for $395K

333 Ski Way for $339K

843 Hazel (Really Back on the Market after being off for some time)

873 Dyer Back on the Market too

5 Price Changes

931 Incline Way, a Mc Cloud unit is starting to look more attractive

837 Southwood is already in escrow pending a short sale

857 Lake Country dropped $100K to $1Mil

844 Jeffrey reduced again to $419K (getting warmer)

762 Lakeshore has endured another price change, this time to under $3Mil.  It needs alot of TLC, but 1/2 of Lakeshore Blvd appears to be under construction these days…so why not 762 Lakeshore too!

18 Status Changes

The following properties are Back on the Market after falling out of escrow:

769 Mays at $399K

886 Rose wood at $799K

540 McDonald at $625K

The following properties SOLD:

929 Northwood listed at $549Kand SOLD for $525K

866 Northwood #9 listed at $250K SOLD for $240K

941 Divot #2 listed at $365K SOLD for $360K

321 Ski Way #48 listed at $210K SOLD for $223K

330 Ski Way #14 listed at $265K SOLD for $250K

123 Juanita #1-76 listed at $410K SOLD for $385K

101 Red Cedar listed at $718K SOLD for $699K

511 Alpine View (An Ira Rodman Home) listed at $4.495 Mil SOLD for $4.305 Mil

950 Fairway Park listed at $436K and SOLD for $430K

784 Ida Court listed at $849K and SOLD for $784K

370 Tuscarora listed at $689K SOLD for $650K

The following properties went into escrow this week:

274 Tramway listed at $425K

119 Tramway listed at $825K

14 Crystal Drive listed at $968K

The following properties EXPIRED or were Rejected By the Market:

746 Eagle listed at $1,399,000


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