Tahoe Luxury Property Sells in 10 Days for 92% of Asking Price

This great West Shore property went into escrow in under two weeks and sold for a healthy 92% of asking. In this market most homes that get an offer sell for at least 90% of asking price. After that, the fangs come out and buyers write for 80% in many cases. Of course, the Murphy’s Law of timing is in full effect where a property could be on the market for a year and if there happen to be two offers at the same time, then anything goes.

Anyway, this property is in Pineland right up from Sunnyside and it was roughly 3100′ with high-end finishes and appliances.

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