Incline Village 4/29/2010

Courtesy of Lakeshore Realty

In this market, who do you turn to for the best results?

The newly adjusted and complex real estate market has resulted in a downsizing of offices and agents leaving the business; this is evident by the decrease in membership with the National Association of Realtors.  However, clients - now more than ever - need the expertise of a good agent to guide them through the idiosyncrasies of a community, its market place, and the continually changing face of real estate, especially the luxury real estate market of Incline Village.

So who should clients turn to in this current real estate climate?

A recent Inman News article stated that buyers and sellers want to work with local, well-managed offices and top agents. In today’s market, companies and agents must be willing to work harder and longer with buyers, be well educated and patient when working with bank-owned properties and short sales, and be able to concentrate and advise clients on the local Incline Village market.

“The companies and agents who will lead us out of this current real estate market will share three key attributes: they will be the most competent in their craft, utilize all available technology, and be the most dedicated to customer service.

This defines Lakeshore Realty and Tim Lampe.

Lakeshore Realty is the leading office in sales volume for the entire Incline Village MLS year to date 2010..

Incline Village Real Estate First Quarter statistics for 2010:

There were a total of 51 sales. 20 single family, 11 Planned unit developments (freestanding units) and 20 condominiums.

Single family residential:

The first quarter sales indicate the number of sales up but the dollar volume is down. Median home prices fell to $925,000, a 51% decrease from last year. This decrease reflects the impact of REO's and short sales which made up 26% of the total 20 residential sales.  The median selling price of the 6 distressd sales was $620,000.  There were 7 sales over $2 million which impacted the total sales volume of 2009 at $31,892,950 compared to 2010 of  $24,596,500.