Lake Vermilion Real Estate

Here’s a quick Lake Vermilion real estate market statistic.

Year to date in 2015 there have been 9 completed sales on Lake Vermilion with an average selling price of $97,066.  Last year (2014) there were 6 completed sales with an average selling price of $124,782.

It appears the lower priced waterfront properties are more likely to sell in the first 3 months of the calendar year when winter conditions present their greatest obstacle to the sales process.

Interesting.