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.