Seven Lake Sinclair homes sold in February of 2010
The bad news is that is down from February 2009 when 12 Lake Sinclair homes sold.
The Good News is...
The average sales price was $304,429 (up from $263,021 in February 2009)
The average Days on Market was 157 (down from 251 in February 2009)
Sold to list price difference was 93.49% ( up from 93.14% in February 2009)
Highest sales price was $643,000. (up from 443,750 in February of 2009)
All good news for sellers.
The good news for buyers is that there are (in Putnam County) still 182 Lake Sinclair homes available and some are priced very well. But as you can see the prices are now on the increase again and hopefully inventory will soon be down. If you are in the market for a Lake Sinclair home you should start looking right now. Sellers will notice this price increase trend and may start to raise list prices soon.