MLS Information for the Week of Feb. 5th – Feb. 12th
As Feb. moves forward, sales are headed in a positive direction and offering buyers who are looking for an excellent entry level price range good values.
- New Listings
- Price Changes
- Under Contract
- Single Family Homes
- Under Contract total single family homes is 18, the popular price range for home sales in 2010 falls below $1,000,000
- 12 units under $1,000,000
- 3 units $1,000,000-$2,000,000
- 2 units $2,000,000- $3,000,00
- 1 unit $4,000,000-$5,000,000
- Condos
- There are 11 units of the 15 under contract priced below $300,000.
- PUDs
- Sold in 2010
- Single Family Homes
- A shout out goes to one of our agents- Nevada Methard who closed 936 Lakeshore Blvd this week at $2,750,000 representing both buyer and seller.
- Condos
- Out of the 9 sales 7 closed under $400,000.
- PUDs
Facts and Figures for Listings Under Contract or Sold Thus Far in 2010
Snap shot of current market- Incline Village & Crystal Bay, Nevada, Lake Tahoe
| |
Homes |
Condo’s |
PUD’s (townhomes) |
| Listings |
160 |
135 |
38 |
| Highest price |
$34,000,000 |
$2,100,000 |
$1,995,000 |
| Median price |
$1,500,000 |
$440,000 |
$964,000 |
| Lowest price |
$385,000 |
$169,950 |
$335,000 |
| |
Homes |
Condo’s |
PUD’s (townhomes) |
| Sold |
13 |
9 |
5 |
| Highest price |
$3,750,000 |
$1,850,000 |
$960,000 |
| Median price |
$1,250,000 |
$319,900 |
$400,000 |
| Lowest price |
$410,000 |
$215,250 |
$290,000 |
Residential Sales
Active Single Family Residential Listings:
| Number |
Low |
Median |
High |
| 156 |
$385,000 |
$1,597,000 |
$34,000,000 |
Price breakdown:
$300-$600,000= 14 $1,800,000-2,000,000=9
$600,000-$800,000=13 $2,000,000-$2,500,000=11
$800,000-$1,000,000=20 $2,500,000-$3,000,000=13
$1,000,000-1,400,000=27 $3,000,000-$5,000,000= 20
$1,400,000-1,800,000=13 $5,000,000-34,000,000=16
Condominium Sales
Active Listings:
| Number |
Low |
Median |
High |
| 131 |
$169,950 |
$449,000 |
$2,100,000 |
The largest number of listings (53) are priced below $400,000, followed by second largest group of 30 units priced between $400,000 to $600,000.
The complex with the largest number of listings is McCloud with 16 units ranging in price from $375,000 (Low) to $520,000(Median). Bitterbrush follows McCloud with 10 units listed priced -$369,000 (Low) $475,000 (Median).
The lowest priced unit, listed for $169,950, is at Toepa. A median list of $449,000 is found at Fairway Pines while the highest price unit at $2,100,000 is located at Stillwater Cove.
