January is usually the slowest real estate sales month of the year. You just don’t have that many people shopping for housing before the holidays. This January was no different. There were a total of 4 more residential units sold this January vs. last January. The average price was way up, however that is not a reflection of the market. There just happened to be many low-priced homes that were sold last January.
Over the past couple of weeks the weather has really hampered the real estate business. Showings are down, however that should improve once we get the wintry weather behind us.
Units Sold Total Sales Avg Sales Price
All Homes/Condos
LYTD 60 $7.8m $129,641
YTD 64 $10.2m $159,148
Non-Lake Homes
LYTD 50 $5.5m $109,500
YTD 56 $8.16m $145,768
Lake Homes
LYTD 7 $1.76m $252,000
YTD 5 $1.47m $293,500
Lake Condos
LYTD 3 $539k $179,833
YTD 3 $535K $185,000