This week starts off with 8 new listings four were condonminiums, 1 lot and 1 home in Crystal Bay.
Two lakefront single family residential sales took place this week. Lakeshore Realty was involved in both sales representing the buyer on one sale and the seller on the second. Each sale was just under $12 million which brings up closed sales for Lakeshore Realty to $45 Million as we begin the second quarter!
Two condominiums closed and three more went under contract one is pending bank approval . Most are in the lower price ranges under $400,000.
Single family residents that went under contract included a fabulous home on Dorcey drive listed and sold by Lakeshore Realty. Debra Lane, another beautiful home is under contract with our office representing the buyer.
Price reductions for single family homes were all going in the right direction….down!
This is true for a few condominiums regarding price reductions– lowering the price is the best way to catch the attention of new buyers looking.
Our broker open house tour held every Turesday for agents and broker’s to review new listings has two properties to tour. This is unusual especially this time of year. Seller’s are taking their time to hit the market.
If you are considering listing give us a call 775-831-7000 office/brokers Chris & Patti Plastiras. We all are working with buyer’s waiting for the right property to come on the market over the next few months. Lakeshore Agents can help you position your property in this market to sell.
Look for our company newsletter which went out this week giving you a good picture of the real estate market.