Note: Posted to Christmas Lake Village Website for March 2007!

CLV Real Estate Market Keeps Pace With National Average

63 Homes Sold in 2006
Average Price of Sold Homes - $156,248
10 houses sold under $100K
31 houses sold between 100K and 150K
14 houses sold between 150K and 200K
8 houses sold over 200K

"I think this is going to be a great year," Key Associates realtor Kara Hinshaw said. "We are starting the year off really strong."

David Grundhoefer of Towne and Country Century 21 echoes Hinshaw saying that "the phones have really been ringing".

Hinshaw emphasized since Key joined the Multiple Listing Services (MLS) this past year, many out-of-state people have been discovering CLV. She said she has been working with and sold to people from Hawaii, California, Florida, Illinois, Kentucky, Ohio, New Jersey, and Arizona.

Grundhoefer said that the number of homes in CLV on the market were about the same as the National Market at about 10 percent. "The market here is a very, very excellent market," Grundhoefer said.

"Last year will be known as the year of selling a big percentage of lakefront homes," Grundhoefer said. Sixteen lakefront homes and thirteen lake view properties were sold by local realtors in 2006. However, there were 34 homes throughout the remainder of the Village that sold during that same time.

Both realtors gave suggestions for preparing your home for sale. Grundhoefer said that property should be listed at the market value in order to sell timely. Both mentioned de-cluttering your house and closets. Also neutral paint and making minor repairs can make a big difference to prospective buyers.