What’s Happening Inside the Incline MLS Week of January 18th-24th 2010
Signs in the market do not indicate a slowdown and as a matter of fact slow and steady seems to be the nature of the current market. During the week of January 18th-24th the following took place in the Incline Village Real Estate Market:
New Listings: 3 condos hit the market, 1 new PUD (Planned Unit Development) and 4 Single Family Homes.
Price Changes: 9 condos reduced their prices this week, 2 PUDs and 3 Single Family Homes.
New Escrows: 4 condos were the lucky recipients of an offer that was actually accepted, 1 PUD and 2 Single Family Homes.
Sales for the Week: 2 PUDs and 2 Single Family Homes closed and were able to move on. Both PUD and SFH sales were GREAT deals for the buyers and probably a relief for the sellers. Some of these homes have been on the market for over a year and a half. Ouch!
Market Rejects: 4 condos were rejected by the market this week, 2 PUDs and 4 Single Family Homes although 3 of these were withdrawn due to an agent changing offices.
For all the best deals in the market, click here…
Tags: home sales, incline village, lake tahoe, market, real estate, update
