May 7th, 2013 10:41 AM by Mike and Susie Berra
Waterfront Homes: The number of closed sales in 2013 is at 147, which are down from 175 last year at this this time. The average sales price is at $306,746 vs. $294,001 in 2012. Bank owned waterfront home sales increased from 15 to 22.
Off-water Homes: There have been 243 closings of off-water homes so far this year, compared to 202 last year. Average sales prices increased to $117,190 from $106,912 last year and $103,259 in 2011. Bank owned sales were steady at 70 closings.
New Condo Sales: New condo sales number 16 in 2013 vs. only 6 at this point in 2012. The average sales price has risen from $187,340 to $210,276. Bank owned sales were steady at 2.
Resale Condos: There have been 116 closings of resale condos in 2013 compared to 130 in 2012. Average sales price in 2012 was $145,534 and has slipped to $140,837 this year.
Villas and Townhomes: There has been an increase in the number of sales this year to 11 closings vs. 8 at this point last year. Average sales prices are up from $215,911 to $294,245. Bank owned sales are down from 4 in 2012 to 2 this year.
Lakefront Lots: Sales of lakefront lots have jumped from 15 in 2012 to 24 this year. Average sales price in 2012 was $86,860 and the average price this year is $129,442. Bank owned waterfront lots sales increased from 2 last year to 5 this year.
Off-water Lots: Sales of off-water lots have increased from 33 last year to 42 so far this year. Average sales price in 2012 was $42,548 and is $44,165 this year. Bank owned sales stayed steady at 2.
Commercial Property: There has been a large jump in the number of commercial properties sold in 2013. There have been 24 closings so far vs. 13 at this point last year. Bank owned commercial sales increased to 5 this year vs. 2 in 2012.
Farms: Farm closings have increased from 5 last year to 8 in 2013. Average sales price is down from $217,980 to $181,572. There has been no bank owned farm sales so far this year.
Totals: So far in 2013, there have been 631 sales vs. 587 last year. The number of bank owned sales is at 116 vs. 113 last year. Total sales volume in 2012 was $101,062,724 compared to $106,835,105 this year.
Note: All data was taken from the Bagnell Dam Association of Realtors MLS