It's early in the year, but there are sales stats available that we would like to share with you.
Lakefront Homes: There have been closings on 21 lakefront homes so far this year compared to 26 for the same period in 2012. Average price is up to $297,828 compared to $270,327 last year. Bank owned waterfront home sales are down from 4 last year to 2 in 2013.
Off-water Homes: There have been 50 closings on off-water homes in 2013 vs. 45 in 2012. The average sale price is up about 4% and bank owned off-water home sales are down slightly.
New Condo Sales: New condo sales remain constant compared to 2012. The average sales price is up and there have been no bank owned new condo sales this year.
Re-sale Condos: Resale condo closings so far this year are down to 12 from 21 last year. Average values are up over 20%. There have been no bank owned re-sale condo sales in 2013 compared to 6 at the same point last year.
Lakefront lots and land: There have been 2 lakefront parcels that closed in January 2013 vs. one last year. No bank owned waterfront lot sales so far this year.
Commercial: Commercial property sales in January 2013 numbered 4 which is the same as January 2012. One bank-owned commercial in January this year vs. none in 2012.
All Property Types: There have been 100 closings at the Lake in January 2013 vs. 107 in 2012. Volume is down slightly. The number of bank-owned sales is down from 31 last January to 22 this January.
If you need information on a particular property, please let us know.
Note: Data taken from Bagnell Dam Association of Realtors MLS