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More But Less. « Lake Vermilion Real Estate

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

More But Less.

March 18, 2015

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.

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