LAKE SHORE
RESALE MARKET ANALYSIS
JANUARY- OCTOBER 15
2006 vs 2007
This information does not include any new costruction sales during that time frame. All numbers are based on homes sold and recorded through the Piedmont MLS system.
AVERAGE PRICE
2006- $351,752
2007- $412,933
HIGH PRICE
2006- $588,793
2007- $803,500
LOW PRICE
2006- $200,000
2007- $187,500
MEDIAN PRICE
2006- $315,000
2007- $375,000
AVERAGE $ PER SQFT
2006- $116.35
2007- $136.16
AVERAGE SALE PRICE % OF LIST PRICE
2006- 98.27%
2007- $95.94
AVERAGE DAYS ON MARKET
2006- 89 days
2007- 107 days
With so many news stories telling us how much of a downtrend the real estate market has had in the last six months it is encouraging to see that our neighborhood is holding steady. Prices of homes have gone up, the selling price is still within a very short margin of last years numbers and while Days on Market has increased, the increase can be seen as a reflection of
the increase on prices and the actual time that it is taking our buyers to sell in other more challanged markets.
If you would like a more comprehensive market analysis on your home please call me 803 322-3479 or e-mail me at csmiller9@comporium.net.
See more local info on my website blog http://homesfortmill.com
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