Posted by: Rob | May 12, 2011

Your May Real Estate Update

The residential real estate sales showed nice improvement in April.  This typically is a good sales volume month.  This April was no different, however, we failed to keep pace with sales versus a year ago.  Last year the tax incentives for first-time homebuyers were expiring so last April was pretty busy with buyers pushing to beat the deadline.  Overall year-to-date sales are slightly off last years pace. 

                                         Units Sold             Total Sales         Avg Sales Price

 All  Homes/Condos

LYTD                                     351                          $54m               $153,817

YTD                                       327                          $50m                 $153,266

Non-Lake Homes

LYTD                                    288                           $36.7m                  $127,412

YTD                                       263                          $32.5m                  $123,625

Lake Homes

LYTD                                     30                         $11m                    $365,836

YTD                                       34                          $11.1m                 $326,000

Lake Condos

LYTD                                   33                         $6.3m                   $191,520           

YTD                                     30                          $6.5m                   $217,336

 
 
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