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by AndreaWalsh7

Monday, January 09, 2006

What is the average sale price of a Chautauqua Lakefront Home?
From 1/1/2005-1/9/2006 there were:
55 Chautauqua Lakefront sales. The attached averages do not take into account lakerights, condos/townhomes, canalfronts or land or community owned lakefrontage. The figures reflect single family homes with lakefrontage only. The average LF home sale in 05 had 87 linear ft of waterfrontage.

COMBINED AVERAGES:

Adjusted Price $443,592
List Price $443,592
Closing Price $405,415
Bedrooms 3
Full Baths 1
Half Baths 0
Est Sq Ft 1,763
DOM 101

DOM refers to Days on Market. This is from the time a home is listed till it closes. A home can get an accepted offer day one on the market and take 5 months to close because of complications with financing, title etc. The average closing time for an accepted offer is 60 days.
If you would like a more detailed breakdown that would include all sales associated with the lake not just lakefronts contact us at rickandjuliarealtors@yahoo.com We can also provide you with info on Findley, Cassadaga, Erie & Bear Lake.

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