Since 2010, 2240 homes sold in Arrowhead Woods, breaking through at $1.027 billion in six years. Arrowhead Woods combines two areas called the ‘woods’ and ‘lake fronts’ intermingled and adjoining. 2015 sales came in at $226 million in Arrowhead Woods.
We’re focusing on lakefront homes in this report, each home fronting the water edge. Lakefronts yearly average is 6% of homes sold but 23% of Arrowhead Woods total dollar sales. Homes in the woods, not lake frontage, are 94% of homes sold, 77% of dollars.
So few lakefronts, so many dollars, a different level of economics.
16 lake frontage homes sold in the past 12 months. 33 lakefront homes are now listed … up to $13,750,000 of luxury living. As we say, it only takes one.
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Patsy Bailey Agent DRE# 01231416