June 10th, 2009 8:13 AM by Mike and Susie Berra
*Waterfront home sales for April, 2009 hit 62, up from 30 waterfront home closings in April. This is still below the pace of 2008 when there were 74 closed waterfront sales at the lake in the month of May.
*Off-water home sales were off just slightly when comparing the past 2 months. There were 45 closed sales in April and 44 closed in May. May of 2008 had 63 closed sales of off-water homes.
*Condo sales for May of 2009 are up from April of 2009. There were 43 closed condo sales in May compared to 30 closed condo sales in April. May's numbers for 2009 of 43 closings are well below the 64 condos that closed at the Lake in 2008.
Traditionally, the month of May has higher sales numbers than April, due to the more favorable weather and increased traffic. But across the board, the actual number of closed sales is down from 2008. This data is taken from the Bagnell Dam Association of Realtors MLS.
If you have a specific question about the market in your neighborhood or condo complex, give as a call and we can research that for you.
Mike & Susie Berra