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Steuben County Lakes-Market Report-December 2010- Angola, Fremont, Hamilton

Steuben County Lake Homes and Cottages- Sales In December

There were 11 lake property sales this month ranging from one with association access to a non ski lake that sold for $27,500 to a lakefront home on ski lake that sold for $485,000. The median sold price for lake properties in Steuben County Indiana this month was $185,000.

Year to Date Steuben County Lake Property Sales as of December 31st, 2010
This year there have been 146 lake property sales. The median sold price in Steuben County this year is $165,000. The average sold price of lake property this year is $202,445. 23 of these properties were REO's or Foreclosures. 4 were short sales.

Steuben County Lake Properties Historical Comparison

Year-Number of Lake Properties Sold-Median Price-Average Price

2010 146 sales with a median sold price of $165,000 and average sold price of $202,445.

2009 150 sales with a median sold price of $205,500 and average sold price of $248,627.

2008 157 sales with a median sold price of $174,000 and average sold price of $240,532.

2007 190 sales with a median sold price of $183,000 and average sold price of $256,865.

2006 206 sales with a median sold price of $173,450 and average sold price of $243,278.

Steuben County Lake Properties For Sale
There are currently 276 lake properties for sale with a median price of $259,200. The prices range from $9,900 to $1,395,000, with an average price of $306,319.

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 January 14th, 2011. Property sales that were not listed in our local MLS are not included.

Posted Tuesday Jan 18