May 2021 Sales Update
You are here: Home \ Uncategorized \ May 2021 Sales Update
31 May 2021 - 15:16, by , in Uncategorized, Comments off
Happy Memorial Day 2021! We hope everyone is enjoying this cool weather and boating responsibly. We are off to a new summer, after the past 12 months, it appears that life seems to show evidence of returning to normal.We are grateful for the armed service people that went before us that have allowed us to remain the home of the free!
The chart above quickly tells the story of lake sales for the past 20 years. New listings and closings hovered around 35 a year for many years. As prices increased, more homes began appearing on the market as homeowners realized there was “gold in them thar hills” and many decided to cash in. With the financial crisis in 2008, inventory edged up and sales stagnated. As things settled down, word of our paradise began to spread, demand increased and sales continued to grow spiking last year with the insane demand for a retreat as a result of the pandemic. We now are left with a very limited inventory on all three lakes.
One year ago today, there were 84 properties for sale on our three lakes. Today there are only 11 for sale. Of these 11 properties, only three are waterfront homes in move-in condition with boathouses. The remaining properties are either land lots, lake access homes, or are in need of substantial work. 
If you are at all thinking of selling, this is an unbelievable seller’s market. We would love the opportunity to meet with you and discuss the value of your home. 

Peace and kindness to all,

Michael, Craig, Brad, and Elizabeth
THE LAKE TEAM
About author:

Comments are closed here.

Why Work With Us?

  • SERVICE
  • Our team of five full time REALTORS provides the highest level of service for buyers and sellers in the area. We strive to go above and beyond the average to ensure our clients have what they need. We are there before, during, and after the sale.
  • KNOWLEDGE
  • With a combined 48 years of real estate sales experience we understand and share our vast knowledge of the lake market so you can make informed decisions when buying and selling.
  • TOOLS
  • Our proprietary database allows us to track current and historic trends such as values, marketing times, and inventory.
  • Our customized website is continuously optimized for performance so that we rank at the top of internet searches
  • We have a strong following on social media sites including  Facebook and  Google+
  • RESULTS
  • Over the last 11 years The Lake Team has been involved in over $270,000,000 in sales on area lakes representing 93 sellers and 107 buyers of lake homes. This comes from a commitment to the highest level of quality service to our buyers and sellers.
  • We are proud of our reputation with both sellers and buyers and would be happy to provide recent references. Please see our   testimonials page to see what our clients are saying about us!