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Incline Village Real Estate Blog 11/24/19

Owners of Incline Village real estate will want to make sure their property is ready for winter. It looks like a reasonably significant storm could be hitting the Lake Tahoe area this coming week. It’s been one of those years where we had a really long summer and a very short autumn. And the Incline Village real estate market never took a break as seven more properties went into escrow during the past week. Throw in six new listings, three price changes and 8 places closing escrow to round out the action.

New Listings Price Changes In Escrow Closed Escrow

Buyers shopping for a reasonably priced condo at low elevation will want to check out 811 Southwood Blvd. – #10 Brookstone. After a $30,000 price reduction the new asking price of $380,000 makes this two-bedroom, 1.5 bath unit rather tempting.  This end unit features cathedral ceilings in the living area and is offered furnished. Enjoy those beautiful summer Tahoe evenings out on the deck. One of the nicest things about this complex is the proximity to everything in the center of Incline Village. Just two blocks down the street is the Village Shopping Center with the original local supermarket, post office, restaurants and a variety of shops. A couple of blocks further down Mays Boulevard will put you at Lakeshore Drive and Burnt Cedar Beach.  At the new asking price we anticipate this nice little piece of Incline Village real estate will get a lot of activity. Click Here to See the Virtual Tour

Weekly Real Estate Update

Statistics gathered from the Incline Village MLS on 11/24/19

Houses Condos PUDs

For Sale 103 61 19

Under $1 million 14 34 11

Median Price For Sale $1,995,000 $729,000 $895,000

YTD Sales 2019 149 153 53

YTD Sales 2018 169 172 61

New Listings 6

In Escrow 7

Closed Escrow 8

Range in Escrow $427,000 – $3,250,000

These statistics are based on information from the Incline Village Board of REALTORS® or its Multiple Listing Service as of November 24, 2019

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