November 1st, 2011 categories: Real Estate News
for the third quarter has shown a slight increase in the amount of single family residences sold on the lake in comparison with the same period last year. The downside; total dollar amounts are down from last year as well as the average selling price. You can see this information in the two charts shown below.
2010 Keuka Lake Qtr 3 stats
2011 Keuka Lake Qtr 3 stats
Total sales for the third quarter in 2010 were $7,696,956 and in 2011 they were down to $6,876,760 amounting to only 89% of the sales figures for 2010 even though there were a total of 3 more sales for 2011 over 2010.
The highest sale price in 2010 $940,000 and in 2011 $870,000.
The lowest sale price in 2010 $363,000 and in 2011 $180,000.
The charts below show the price ranges where the sales were found.
Keuka Lake sales breakdown for qtr 3 2010
Keuka Lake sales breakdown qtr 3 2011
This is a buyers market when it comes to purchasing waterfront properties in the Finger Lakes, even when looking at Keuka Lake real estate. When looking for your vacation home on the lakes, be sure to give me a call first. I will make sure that you are a very informed buyer, making your decision much easier.
Watch for my reports representing the other Finger Lakes in upcoming blogs.
This data is comprised of information reported the the Great Rochester Association of Realtors and does not reflect any sales that may have been reported in any of the neighboring Realtor Associations.
This information brought to you by your favorite lakefront realtor, Mary St. George, your personal connection to lakefront living and Associate Broker with Wine Trail Properties. www.winetrailproperties.com
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