Does this mobo support Ivybridge?

It supports it since BIOS version FC which was released on 21/2/2012.

Hopefully current stock will have at least that BIOS version.

You can buy a Z77 motherboard which will guarantee compatability for around the same money.
 
It should support it with a bios update, but for similar money, you can pick up an equivalent Z77 board, which will give access to things like PCI-e 3.0 and a few other extras, so I would recommend looking at some Z77 boards for comparison.
 
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