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Posted by: Bruce & Sandy Soli | February 25, 2013

Incline Village Real Estate Market Update for February 18th-24th 2013

Incline Village Real Estate Market Update for February 18th-24th 2013

The Incline Village Real Estate Market Update for February 18th-24th 2013 will keep you up to date on what new homes are on the market, which homes are going into escrownew price reductions on hot properties and ultimately what homes have SOLD and for what???  For the past week in Incline Village Real Estate the following was happening in the MLS…to view all of the available inventory on the market visit us at www.solirealestate.com and click on Home Search!  This week there were 5 New Listings, 7 Price Changes and 29 Status Changes.

5 New Real Estate Listings in Incline Village, NV

Of the new listings…989 Tahoe Blvd #3 is a HOT BUY.  This complex has no inventory currently listed and the sales prices are cheap for the investment potential.  The property is NOT in great condition and definitely needs some TLC, but it is rented, it is one of the lowest priced properties in town and potential is HUGE!  773 Mays has a very convenient location within minutes of shopping, coffee, beaches, etc.  786 Burgundy looks GREAT from the pictures and with 1.6 acres and over 5490 sqft of living space it’s appealing!  579 Ponderosa may be a stretch.  With little to no inventory in this price point it may have a shot, but it sits directly on the highway with alot of road noise.

7 Price Changes including an increase in Incline Village Real Estate

1 Bedroom McCloud located at 120 Village is down to $279K with a garage.  Another McCloud at 931 Incline Way down to $375K, 330 Ski Way #20 just reduced to $295K furnished and 1072 Sawmill just reduced to $499K.

29 Status Changes in Incline Village Real Estate

This week 3 properties are BOM-Back on the Market, two that fell out of escrow and 1 that just re-listed.  15 properties went into escrow IN JUST ONE WEEK!  3 were rejected by the market and either withdrew or expired from sale leaving 8 properties SOLD!  Congratulations to the following sellers and new buyers:

170 Village Blvd #2 SOLD for $415K

861 Southwood #25 SOLD for $295K

929 Southwood Blvd #7 SOLD for $175K

210 Glen Way SOLD for $1,770,000

423 Fairview Blvd SOLD for $1,275,000

547 Sugarpine Drive SOLD for $3,330,000

203 Nadine SOLD for $440K

748 Lakeshore Blvd SOLD for $2,150,000

See you next week for the inside scoop on Incline Village Real Estate!

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