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LaGrange County Indiana Lakes-Market Report-December 2010-Wolcottville, LaGrange, Howe, Shipshewana

LaGrange County Lake Property Sales This Month- December 2010
There were 5 lake property sales this month ranging from a lake front property on a ski lake that sold for $440,000 to a home with association access on a non ski lake that sold for $49,900. The median sold price in LaGrange County for lake properties this month was $148,000. The average sold price was $158,755.

LaGrange County Lake Property Sales 2010
This year there were 71 lake property sales. The median sold price in LaGrange County for lake properties this year was $148,000. The average sold price was $158,755. 6 of these properties were REO's or Foreclosures. 2 were short sales.

LaGrange County Lake Properties Historical ComparisonYear-Number of Lake Sales-Median Sold Price-Average Sold Price

2010 71 sales with a median sold price of $148,000 and an average sold price of $158,755
2009 67 sales with a median sold price of $146,500 and an average sold price of $162,192
2008 47 sales with a median sold price of $130,000 and an average sold price of $161,426
2007 69 sales with a median sold price of $158,900 and an average sold price of $176,399
2006 81 sales with a median sold price of $139,900 and an average sold price of $163,885

LaGrange County Lake Properties For Sale
There are currently 108 lake properties for sale with a median price of $169,900. The prices range from $24,000 to $525,000 and an average price of $191,426.

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 (Northeastern Indiana Association of Realtors) MLS (Multiple Listing Service) for the period of January 1st 2006 to January 14th, 2011. Property sales that were not listed in the local MLS are not included.

Posted Tuesday Jan 18