February 2017 King Lakes Real Estate Market Report

In February 2017: King Lakes had 9 homes listed on the market, 6 of which are still active.

One sold after 67 days on market; the average days on market of the remaining active homes is 84.

The average list price per sq ft is $116.67; and the home sold 2% less than their list price.

A months of inventory report shows King Lakes at 3.1; Months of Inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity. This indicates that it is a seller’s market in King Lakes.

NOTE: due to incorrect subdivision input by agents into the MLS this data may contain a few outliers from the subdivision that may affect the data slightly.