The market data charts for Incline Village-Crystal Bay Nevada YTD period ending November 30th each year from 2004 to 2011 reflect the following.
The median sold price charts indicates stabilization of values in 2010 and 2011 with only marginal decreases in median sold prices in 2011.
We should finish up the year down about 10% in the number of sales from 2010.
Incline Village Multiple listing Service Data
From a high of 212 homes sales in 2005 to just 92 home sales in 2011, the number of sales has decreased approximately 56.6%. Comparing the same time period in 2010 versus 2011, home sales are down approximately 12.4% in 2011
Likewise, condominium and Planned Unit Development sales are down approximately 66.2% from the high of 358 sales in 2004 to just 121 sales in 2011. Comparing the same time period in 2010 versus 2011, condominium and Planned Unit Development sales are down approximately 8.3% in 2011.
Incline Village Multiple Listing Service Data. Most interesting here is that median old prices from 2010 to 2011 dropped less than 1% for homes and just under 3% for condominiums and Planned Unit Developments indicating stabilization in values.
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