lake home: Total sales slide for Lake Shore - 01/13/09 12:30 PM
While doing a market analysis-price opinion on a home, I dug up some of the following data on Lakeshore Residential properties in Otter Tail and Becker counties, MN:
Detroit Lakes MLS total closed sales (Apr-Dec)2006     2172007     1882008     176
Fergus Falls MLS total closed sales (Apr-Dec)2006     1472007     1402008     124
Lake home sales have definitely slacked off over the last two years.  Another factor in the market slow down is the significant increase in properties listed for sale.  In just the last year, the monthly average for active listings has increased by 25%!Homes are still selling, although it takes longer (140+ days), and … (0 comments)

Sharing some of my views on what makes the Otter Tail county lakes area a great place to call home.



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