A daily journal concerning Lake Vermilion and surrounding areas.
Selected real estate, notes, stories, musings, and anecdotes.

The Last 2011 Post.

January 8, 2012

Here is some additional graphic data in the 2011 Lake Vermilion real estate market.  Please let me know if you have any questions with this information.

Also, I am happy to send you the list of the 51 individual properties that closed as completed sales in 2011.  The details may be helpful to current or future Buyers and Sellers.  If that’s of interest please send me an email with that specific request.

Click here to do just that.

 

2 Comments »

  1. To what do you attribute the continuing rise of “days on market” and what caused the dip in 2009?

    I am mostly just curious.

    Comment by Del C. — January 8, 2012 @ 7:56 pm

  2. The increasing “days on market” is related to the fact that the sluggish market continues to clear itself of aged listings. As market activity improves, new listings will enter the mix to start a reverse of the trend.

    The dip in 2009 is odd. Some active Sellers at that point in time may have chosen to remove their unsold and aged properties from the market which could result in a drop in the average “days on market” number for that year. Just a guess.

    Comment by Bill — January 9, 2012 @ 9:48 am

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