Incline Village real estate January town homes sales

January draws to a close with lean sales figures and a great inventory for buyers in all price ranges.

Planned Unit developments (free standing town homes with Home owner associations)

There are 53 pud’s for sale with the highest number found in “Lake Country Estates” development. This new  development has virtually stopped in its tracks with the markets down turn. There are 7 units on the market including new and resales. The developer needs to move inventory so they are offering your pick of 1 of 4 locations for $999,999 (though they are listed for $1.2 to $1.4 million). We have a beautifully furnished unit 4in the  complex asking $1,050,000. For those who want to be closer to the Lake “Country Club Villas”located just a block from the Hyatt, has 5 resales ranging from $1,070,000 to $1,245,000: 3 bedrooms, 2.5 baths, 2 car garage, 2100 sq.ft.

PUD’s Active by price range

Price range                   Number of units

$100,000-$400,000          8

$400,000-$500,000          6

$500,000-$600,000          9

$600,000-$800,000          3

$800,000-$1,000,000        2

$1,000,000-$1,500,000     22

$1,500,000+                      3

Sales activity is for January: 1 closed sale and 2 under contract