The holidays are just around the corner and the market is about to shift due to seasonal changes in demand. We are coming into what is traditionally a slower sales season in our area. November and December tend to have fewer sales than the rest of the year. I expect that we will see a strong November based on the end of the Tax Credit for first time home buyers. It will be interesting to see if December sales activity drops as much as most years.

Current Market Conditions: (Lake Homes Only)

Active Listings: 10 - Price Range $359,900 to $2,500,000

Under Contract Listings: 9 - Price Range $224,000 to $575,500.

Homes sold in October: 2 - Price Range $342,000 to $595,000.