Based on the Chautauqua County, New York MLS(Multiple Listing Service) data, the number of Chautauqua Lake property Sales for 2010 year to date have increased 18 percent over that of the same time period for 2009.
Interesting facts for Lake Front properties
Data based on Sales from January 1, 2010 - October 28, 2010
Average sale price $268,800.00
Average square footage 1,861
Average days on market 128
Looking at the largest segment, Lake Front Properties priced between $200,000 and $400,000
In comparison, there has been a 7% decrease in sales price but an increase in the number of unit sales for 2010. If the trend continues we should expect to see in increase in sales through 2011 and see property appreciation come back into the mix.
For more information on Chautauqua Lake Real estate & Living visit: http://www.chautauqualakehomes.com/