Chautauqua Lake Real Estate Is Off To A Great Start

Data is only considering single family Lake Front homes based on Chautauqua County multiple listing systems (MLS). Comparing the first 50 days of 2010 to the first 50 days of 2011 Chautauqua Lake Front home sales have soared. In 2010 January 1st to February 19th , based on the Chautauqua County MLS there were 4 recorded closed transactions. In 2011 from January 1st to February 19th the Chautauqua County MLS system recorded 15 closed transactions. This accounts for a 250 percent JUMP in closed listings for the first 50 days of the year. Compared below is the average closed price. 2010 AVERAGES: List Price  Closing Price  Bedrooms Full Baths Half Baths Est Sq Ft DOM  $566,250       $444,750       4.0   2.0  1.0 2,425   243 2011 AVERAGES: List Price  Closing Price  Bedrooms Full Baths Half Baths Est Sq Ft  DOM  $448,000      $410,250       4.0 2.0 1.0 2,313   141 Please note Days on market (DOM) has shortened by 42 percent from 2010. Buyers are feeling much more confident in the market and are looking to get on board prior to prices going up. For more information on Chautauqua Lake Real Estate & Living visit: http://www.chautauqualakehomes.com/