Market Report

July 2014

The lakeshore market is picking up with lots of activity in some price ranges. The most popular price ranges is $400,000 to $650,000. The number of listings is approximately the same as this time last year. With more listings we have a higher months supply of inventory on the market at 24 months. Percent of the original list price is averaging 89%. The per cent of the last listing price is up to 93%.

The lakeshore market has stabilized and is becoming stronger as consumers have more confidence in the economy.