Total sales at The Point Lake and Golf Club were up nicely in 2010 to 52 homes sold vs 40 for 2009.
Some of the details are:
- Average price $1,082,602 or $195 per square foot vs 2009 average price 1,207,540 or $216 per sq.
- Avg pps under 1 million $150 vs 2009 pps $159 a decrease of 6%
- Avg pps 1 - 2 million $220 vs 2009 pps $235 a decrease of 6%
- Avg pps over 2 million $386 vs $399 a decrease of 3%
other interesting facts:
- only 12 homes (23%) sold for more than tax value vs in 2009 19 homes or 48% sold over tax value
- 10 homes (20%) were purchased for cash vs 5 homes (13%) in '09
- 16 homes were distressed properties or 31% of the sales
- a minimum 3 homes sold and 3 homes purchased were by sellers trading down in price in their real estate
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