May 3rd, 2012 3:23 PM by Mike and Susie Berra
Four months have passed us by and here is the current information on what has sold at the Lake so far this year. All data is from January 1, 2012 through April 30, 2012.
Waterfront Homes: There have been 173 closings this year, up from 141 last year. 15 of these sales have been bank owned properties, down from 21 at this point last year. The average sales price in 2012 is $294,958, down from $311,709 at this point in 2011.
Off-Water Homes: There have been 200 closings of off-water homes so far this year, compared to 194 at this point in 2011. Average sales price in 2012 is $106,061, up from $103,259 last year. 70 of these closings have been with bank owned homes, down from 84 in 2011.
Condos: There have been 136 condo sales so far this year, compared to 103 at this point last year. The average sales price is similar to last year for new condos, and down slightly on resale units at $145,534. Bank owned condo sales are up in 2012. There were 12 last year and there are 17 this year.
The number of Villa sales, Lakefront lots and land sales, off-water land sales, commercial sales and farm sales have all increased this year compared to 2011.
The total number of transactions at the Lake so far this year number 582, up 19.5% from last year. The total volume in 2012 stands at $100,232,224 vs. $85,340,079 in 2011. Total bank owned sales this year number 113, down from 126 at this point last year.