Maceday and Lotus Lakes- Houses Were More Expensive in 2010 Than in 2009

By
Real Estate Agent with Coldwell Banker Professionals

Maceday and Lotus Lakes- Houses Were More Expensive in 2010 Than in 2009

all sports lakeMaceday and Lotus Lakes are all sports lakes in northern Waterford MI and spilling over into Clarkston MI. The 2 lakes are connected for a total 419 acres. There were 12 sales on Maceday and Lotus Lakes in 2009 ranging in price from $76,000-$590,000. In 2010 there were 13 sales ranging in sale price from $100,000-$475,000.

A little bit more detailed breakdown of the sales for Maceday and Lotus Lakes:

2009 there were 3 bank owned sales
2010 there was 1 bank owned sale

2009 there were 3 short sales
2010 there were 7 short sales

2009 76% of the sales were under $200,000
2010 38% of the sales were under $200,000

2009 8% of the sales were between $200,000 and $300,000
2010 32% of the sales were between $200,000 and $300,000

2009 16% of the sales were over $300,000
2010 30% of the sales were over $300,000

2009 sales data for maceday and lotus lakes2010 sales data for maceday and lotus lakes

Are home priceson Maceday Lake and Lotus Lake on the rise? Or were there just nicer houses for sale in 2010? I think it may have been some of both.

On Feb. 11, 2011 there were 4 sales pending ranging in asking prices from $204,900-$789,877 and only 1 of those was a distressed sale (1 short sale and 3 regular sales).

On Feb 1, 2011 there were 9 active listings on Maceday and Lotus Lakes ranging in asking price from $200,000-$3,800,000- 1 short sale, 0 bank owned listings with the rest being regular sales.

Maceday and Lotus Lakes are all sports lakes- great for the water skier or jet skierin the summer and snowmobiler in the winter.There is a public access site at Williams Lake Rd just east of Maceday Lake Rd.

For the fisherman, Maceday Lake is a designated trout lakeand was stocked last fall with 1,000 lake trout with some of the fish being up to 18 inches long and ranging in age from 2-4 years. Maceday Lake was also stocked with 12,000 rainbow trout in 2010 and another 12,760 rainbow trout in April, 2010. It was stocked with 15,000 splake (brook trout/lake trout cross) in March of 2009 and 13,300 in April of 2010.

In 2005 sale prices on Maceday and Lotus Lakes ranged from $245,000 - $1,150,000.

Please don't hesitate to contact me if you are considering buying or selling a home on all sports Maceday Lake or Lotus Lake.

Jackie Hawley
Keller Williams Realty
cell: (248)736-6407

Jackie@JackieHawley.com

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from flickr courtesy flyfshrmn98

Posted by

Jackie Hawley, Realtor, ePro

ReMax Encore
Cell: (248)736-6406
Jackie@JackieHawley.com 
www.MiRelocation.com 

 

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