Sylvan Lake Otter Lake Lakefront Home Sales Real Estate Sales
By Jackie Hawley, Southeast Michigan Real Estate
(Coldwell Banker Professionals)
Sylvan Lake Otter Lake Lakefront Home Sales Real Estate Sales Median sales price on all sports Sylvan and Otter Lakes is up 31% from last year. Average sales price on Sylvan and Otter Lakes is up 26% from last year. So far this year there have been 8 more sales on Sylvan and Otter Lakes than all of 2011. Distressed sales are down. Way down. In 2011 distressed sales (foreclosures and short sales) made up 47% of all sales on Sylvan and Otter Lake. So far in 2012 there have only been 3 distressed sales on Sylvan and Otter Lake or 13% of lake sales. Unit Sales: 2011- 152012- 23 Average Sale Price: 2011- $251,1572012- $337,604 Median Sale Price: 2011- $202,5002012- $295,000 Sales Volume: 2011- $3,767,3522012- $7,764,900 Foreclosures (units): 2011- 52012- 3 Short Sales (units): 2011- 22012- 0...
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