The winds are shifting and that’s not just because mother nature is bringing in the next winter storm. New listings on the Incline Village real estate market are finally dropping down to the seasonal norm. There were just 2 properties listed for sale on the Incline Village MLS last week.
However, overall sales activity remains robust with 11 properties going into escrow. Sales continue to remain strong for houses, condos and freestanding condos. The inventory of condos is now at less than a 3 month supply. Anyone wishing to sell a 3 bedroom condo in McCloud or Third Creek will find they have no competition at the present time.
This is the time of year when buyers looking to strike a good deal are busy scouring the Incline Village real estate market looking for motivated sellers. Most property owners in our community have a lot of staying power. But every year we find there are some sellers who are a little more willing to negotiate as we get closer to year-end. Some sellers will simply take their property off the Incline Village MLS and give it a rest during the slower winter season. While others take stock of the situation and decide that it’s time to cash out and get on with the next stage of their life.
As long as the roads are clear and properties remain free of snow it’s a great time to make the trip up to Tahoe to look at Incline Village real estate. This is the least crowded time of year, at least for the next few weeks. You’ll enjoy better service in the restaurants and retail stores along with no waiting in line at Raley’s supermarket!
It looks like the storm coming in Sunday afternoon and Monday will blow through pretty quickly and nice weather should return for the remainder of the week. Whether this storm actually helps any of the ski resorts will most likely depend on how much snow falls below 6000 feet. If the snow level starts out between 8000 feet and 9000 feet it means rain pretty much everywhere except Mt. Rose and the highest parts of the other ski resorts. However, if the snow level drops quickly there could be significant accumulations across the board. We’ll just have to wait and see what impact this next storm has on ski season.