Sunday, May 1, 2016

Incline Village real estate: Listing season has arrived | SierraSun.com

Link to Sierra Sun real estate article:  Incline Village real estate: Listing season has arrived | SierraSun.com:

Yes, inventory is still low and ask prices are moving higher.  This article by Don Kanare, printed in the Sierra Sun, provides a good overview of the current Incline Village / Crystal Bay MLS market scenario.


Excerpt from the article by Don Kanare, Incline real estate broker and real estate writer...

"As the bears come out of hibernation, listing season has arrived once again on the Nevada side of North Lake Tahoe. Based on statistics gathered from the Incline Village MLS, there are a total of 27 new listings in just the past two weeks. This is the time of year when the inventory generally rises on a steady basis as sellers put their properties on the market after the winter hiatus.

As of this writing there are 105 houses, 66 condos and 20 freestanding condos listed for sale on the Incline Village MLS. This inventory level is 10% lower than at the same time in 2015 and down more than 50% versus the start of the recession in 2009.

The current number of properties for sale in Incline Village and Crystal Bay reflects a healthy market where we can anticipate some upward pressure on prices during the coming year."




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