More and more properties are being listed for sale, but not enough to make this a buyer’s market. Historically, more listings will come on the market between now and the end of July. Sellers are still in control.
The median list price in Incline is $1,495,000. Not much change from last week. Inventory is increasing and days on market is trending lower. That in itself is a good sign for buyers. More properties to look at.
However, I would not wait too long if you are looking for a quality condo. Third Creek and McCloud prices have definitely moved higher this year. Remodeled 2Br, 2 Bath McClouds are trending in the low $500,000 range and 3BR, 2+ baths are trending in the $600,000+ range. Third Creek 3BR, 2+Baths are now trending in the $700,000+ range.
Incline’s busiest season is fast approaching. So list if you’re selling and be ready to buy if you are buying.