
With summer slowly coming to an end I would like to give you the statistics on the activity for lakefront homes
on Portage Lakes, Ohio. The economy has been evident in the local activity. There should have been many more
homes sold. The lakefront buyers are looking but taking longer to make decisions, if they make decisions at all.
The sellers who really have to sell are waiting longer to get their homes sold and taking reductions to encourage
buyers to browse! Our rainy spring held the buyers at bay and when June hit they did start looking. If you are a
lakefront buyer, you can probably find a seller who is ready to sell and give a fair price! Come on out to Portage
Lakes and buy a lifestyle!
ACTIVE PROPERTIES................................53
AVERAGE LIST PRICE...............................$388,408
HIGHEST PRICED HOME...........................$1,790,000
LOWEST PRICED HOME............................$151,000
AVERAGE DAYS ON MARKET.....................171 DAYS
PENDING PROPERTIES.............................8
AVERAGE LIST PRICE..............................$233,866
AVERAGE DAYS ON MARKET.....................234
SOLD PROPERTIES..................................20
AVERAGE LIST PRICE..............................$309,180
AVERAGE SALE PRICE.............................$281,990
AVERAGE SALE PRICE PER SF..................$123
AVERAGE DAYS ON MARKET....................110
Caren Wallace, Stouffer Realty, Portage Lakes Realtor 330-697-3227