Lake Heritage is Gated Community just miles away from the heart of Gettysburg. The community features over 1000 home sites a number of which are located on the water. The community also features a pool, community center, and tennis courts that are open to all residents.
In 2009, 22 homes sold in Lake Heritage, Gettysburg, PA. As of Today (1/20/2010), there are zero pending sales, and 22 active listings.
The average number of days a home stayed on the market was 160 days. This number is artificially inflated due to a few listings that have been listed for over a year. Homes listed for this length of time are usually overpriced "to see what will happen." A more realistic figure is the median number of days, which came in at 98 days.
Average Sale Price = 289,000
Median Sale Price = 248,000
There was a fair amount of movement on upper end properties which pulls the average sale price above what is typical for the Gettysburg Area. Again the median tends to be the more accurate figure. Average for the Gettysburg Area, including Lake Heritage is around 200,000.
Sellers on average received 95% of their asking price. This figure is actually quite accurate based on my review of each individual listing. There was only one case that varied wildly from the average of 95%.
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