Market Trends - Posted On 05/05/2017 06:33 PM, Last Updated 06/01/2017 05:19 PM
296 Active Listings on Market 45 Accepted offers (13.2% this is a good number. During recession this was tytpically 7 or 8%) 341 Total
Median List Price: $299,900 The middle of the road (haha) price for a lake home was $300K Median Sold Price: $244900 (82%)
At the current rate of sales we have a 10 month supply. This is very good for us in our market. 351 Units Sold in Past Year 29.25 Burn Rate (Units Sold per Month) 10.1 Months Inventory
Bottom line of all this is the market is trending upward. Good news for sellers but with interest rates rising and sellers feeling good, the buyer's market in lake places may be coming to an end.
"The Yoder's did an excellent job they made a point of being at each showing regardless who the showing agent might be, they did this to ensure that ... more "
5.0/5.0
by gary ladd08
1839293
"Barb and Greg were very responsive to our needs, many times at a moment's notice. Being from out of town and not knowing when we would be up to look ... more "
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by Helen and Gary
1720386
"Greg was an absolute joy to work with. He was accessible at any reasonable hour of the day, seven days a week. We were able to text, call or email ... more "
