Northeast Indiana Lake Market-LaGrange County Market Statistics-September 2010

By
Services for Real Estate Pros with Stanner Appraisal Service Inc.

LaGrange County Lake Property Sales This Month
There were 9 lake property sales this month ranging from a single wide mobile home with association access to a fishing lake that sold for $21,000 to a lakefront home on a ski lake that sold for $217,000. The median sold price in LaGrange County for lake properties this month was $125,000.

LaGrange County Year to Date Lake Property Sales as of September 30th, 2010
So far this year there have been 51 lake property sales. The median sold price in LaGrange County this year is $140,900.

LaGrange County Historical Comparison of  Year to Date Lake Sales and Median Prices

2010 51 sales with a median price of $140,900
2009 54 sales with a median price of $151,500
2008 36 sales with a median price of $142,000
2007 56 sales with a median price of $156,950
2006 68 sales with a median price of $130,000

LaGrange County Lake Properties For Sale
There are currently 146 lake properties for sale with a median price of $179,900. The prices range from $32,500 to $599,000.

These statistics include residential properties: cottages, homes, condos, manufactured homes, modulars, villas, townhouses, and park models. They also include properties with varying degrees of lake rights or access: lake front, channel front, association, recorded easement, frontage lot, bay front or deeded pier. They are based on information from the NEIAOR MLS for the period of January 1st 2006 to August 31st 2010. Property sales that were not listed in the local MLS are not included.

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Karen Frederick,

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