Winter is back in Incline Village, Nevada

Just when we were cruising into Spring this huge winter storm rolls  through and it's still snowing.What a reality check.The local real estate market is off to a weak start with 10 homes selling year to date,With the combination of heavy weather,the local market may be on track with 2010,which was a significant improvement over 2009. 6 homes over $1 million and $4 under $1million have sold year to date.10 homes are  in escrow at a variety of price points,7 under $1million,3 over $1million.

Condos sales are similar with 8 sold so far this year ,1 over $ 2.2 million ,the other 7 under $750,000.

Freestanding condos,3 sales under $755,000.and 1 in escrow.

There are deals to be had. We had 3 offers within 24 hours on  our listing www.villagehighlands17.com , condo at Village Highlands #17,once the price was reduced to $725,000. Last sale #1 at $895,000, and #6 $740,000.