January 8, 2018
Lake Vermilion real estate market sales for the 2017 calendar year finished a distant third to the previous two calendar years.
The brisk mid year sales gave way to a significant end of year fade into the stretch which resulted in a final 2017 completed sale count of 75 transactions.
The total dollar amount for sales in 2017 was $23,661,600. The average sales amount for that group was $315,488.
I added three graphs to show additional historical market comparisons. Let me know if you have any questions or if you would like more information.
(As always, the grey lines show previous years and the red line represents 2017 data.)
(All data was sourced from the Range Multiple Listing Service.)