40 LAKEFRONT PRICES RANGE FROM $498,000 to $5.2 MILLION
Real Estate Trends in Arrowhead Woods. 4/11/16 Issue 209
LAKEFRONT SALES nearly match in number of sales over two years, 21 from March, 2016, back 12 months. Then, from March 2015, back another 12 months, we have 19 sales.
Neighborhoods have price ranges too. The difference between years is $8 million dollars as the 12 month median price a year ago was $1.8 million, and now, 2016, is $1.3 million.
Locations tend to have price clusters. In this report are Palisades, Hamiltair, North Shore. Shelter Cove (only one sale in 24 months).
March 2016 back to April 2015, 21 sales totaled $34.1 million.
March 2015 back to April 2014, lakefront, 19 sales totaling $42.3 million.
An interesting aside to this lakefront report is Arrowhead Woods (non lakefronts) which has 27 homes listed from $1 million to $10 million with 14 sold in the last 12 months.