Friday, April 8, 2011

INCLINE / CRYSTAL BAY ESCROW REPORT - THE TOTAL (42) KEEPS RISING as of 4-8-11

Pending / escrowed sales have been slowly trending higher.  As of today they stanad at a total of 42, up 4 from a week ago.

An analysis of the currently escrowed properties total reveals that 35 of the total 42 pending sales are ask priced under 1 million.  That is 83% of the total pending.  In comparison, the MLS actively listed properties under 1 million equals 63% of the total available.  The drawn conclusion is that lower priced properties, under 1 million, are selling more often than those over.

Currently there are 350 actively MLS listed properties on the Incline / Crystal Bay market.  That number includes, single family homes, condos, PUD's, lots, investment and commercial properties.

If you would like a statistical analysis of the Incline Village / Crystal Bay real estate market, write me at Randy@RandyBull.com with your request.