McCloud sales are healthy with six units sold this year to date as of 9-5-12.
When unit sales are active in this complex it indicates that the market has solid buyer interest in Incline.
The complex now has 9 active listings and 4 escrowed units. Last winter the number of listings was usually in the middle teens.
Sales prices for the most typical two bedroom are around 400k. There was one short sale that sold for only 315k. A 1300+ s.f. two bedroom unit sold for 450k. In general, the data points toward healthy sales with the occasional foreclosure affected deal moving through.
The McCloud barometer for the Incline market receives a thumb up.
Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.
