Houghton Lakefront Real Estate Sold Market

By Ken • November 18th, 2009

Investors portfolios are realigning as buyer’s purchase waterfront property.

From January to November 3rd of this year 33 lakefront properties have SOLD on Houghton Lake. The average LISTING price was $222,184 and the average SOLD value was $202,884 for the period.

The LOWEST LISTED price was $112,200 and the the LOWEST SOLD price was $116,700.

The HIGHEST LISTED price was $389,500 and the HIGHEST SOLD price was $338,000.

Bear in mind that of the 33 properties sold that only 2 sold for more than they were listed for. It is important to understand that some of the properties listed prices were reduced before they finally sold. This is an indication that prices are negotiable. Values will rise again. As a buyer now is the time to be purchasing real estate. There is a limited amount of lakefront property which will always make waterfront a more favorable real estate investment.

For a complete list of the Houghton Lakefront listed and sold data, contact me for the information and I will send it to you. After you digest the information call me to get the latest forecast of the market.  Houghton Lake will not be in the bargain bin for ever, so act today to claim your piece of recreational paradise!

Disclaimer: Information contained herein is not guaranteed and is subject to change without notice. Value data is from the Paul Bunyan MLS Inc.

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