Karen Simon
Coldwell Banker Select

931 Tahoe Blvd. Ste 1A
Incline Village, NV 89451

Cell: 775-772-0992
Email: [email protected]

Cool Down Beginning

By Karen Simon in Blog.

This past week the high temperature in the Village has been 78 degrees.  Quite a change from the beginning of August with highs in the upper 80’s.

The real estate market was hot too.  25 condos, 10 freestanding condos and 32 single family properties are currently in escrow.  Prices are all over the place, ranging from $649,900 to nearly $6 million.  Summer has always brought an increase in sales activity.  As we approach Fall and Winter, some sellers will reduce their asking price in an effort to sell before the snow falls.

If you like a property, don’t be afraid to make a reasonable offer.  Many sellers will flatly reject an obviously low ball offer that is not ‘reasonable’ when comparing that offer to recent sales in that category.  Sellers will most likely negotiate when a buyer makes a good faith offer.