Oneida County Lake Place Market

Market Trends - Posted On 05/05/2017 06:33 PM


ONEIDA COUNTY
LAKE PLACE MARKET
MAY 2017


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.







Oneida County 8-12 Acre Offwater Parcels

Market Trends - Posted On 04/12/2017 04:33 PM, Last Updated 04/12/2017 04:36 PM   » Read Full Post

When is a Lake Place a Cottage for Financing Purposes

Financing - Posted On 05/10/2016 10:48 AM   » Read Full Post

Northwoods Unit Sales and Prices Still Heading North

Costs - Posted On 03/02/2016 04:34 PM   » Read Full Post

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