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Homes in Escrow in the Stateline, NV area of the South Lake Tahoe Real Estate Market.

We have just updated the Stateline, NV Real Estate Market Escrow Report.  At present there are 18 homes in escrow.

One of the benefits of looking at homes in escrow is they are also indicators of current market trends and conditions.

There are more homes in escrow in Stateline, NV than there has been at any time in the last 2 years (see chart below).

All Current Escrow - Stateline, NV, plus statistics, here.

Statistical data containing the following information for all the homes in escrow, here.

Average Original List Price        Median Original List Price        Median Reduced, or Current Price $ Difference List v. Reduced Price % Difference List v. Reduced Price Average Days on Market Average Price per Sq Ft Average Size   

Escrow Summary:
Here’s what the latest escrow information tells us about current market conditions in Stateline, NV:

The Median Price for the homes in escrow is $469,000 (not including Lake Front Properties and homes in Glenbrook). Escrow normally takes about 60 days. The homes in escrow now generally reflect buying activity from April forward.

Escrow and Inventory:
The chart tracks the number of listed homes and those in escrow since November of 2006.

There are 156 available listings in Stateline, NV right now. There are 18  homes in escrow.

What it Means: Good News for Buyers
There are significant buying opportunities in Stateline, NV right now.

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