March 2017 King Lakes Real Estate Market Report

In March 2017: King Lakes had 9 homes listed on the market, 5 of which are still active.

The average days on market for active homes is 35, option pending/pending is 56.

The average list price per sq ft is $114.79, option pending is $126.05 and pending is $99.37.

A months of inventory report shows King Lakes at 2.7; 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.