Okoboji Area Real Estate News

July 2007

Jul. 26, 2007 - Market Trends

Here is where you will find current information on recent sales in the Iowa Great Lakes Area. I will update this information several times per month so be sure to stop back often. If you'd like more detailed information on specific properties or would like to know the current estimated market value of your property, please email me directly at:

mailto:MarketTrends@DawnLefevre.com

MARKET TRENDS 7/26/2007

CURRENTLY ON THE MARKET

1157 Total Properties
High Price $4,950,000
Average Price $240,893
Average Days on Market 271

YEAR-TO-DATE SOLD

307 Total Properties

High Price $2,800,000

Average Price $221,861

Average Days on Market 196

WEST LAKE SOLD (YEAR-TO-DATE)*

34 Properties Sold for a Total of $20,157,565

Average West Lake Selling Price $592,869

EAST LAKE SOLD (YEAR-TO-DATE)*

34 properties Sold for a total of $13,324,160

Average East Lake selling price $391,887

BIG SPIRIT LAKE (YEAR-TO-DATE)*

4 Properties Sold for a Total of $1,346,500

Average Big Spirit Lake Selling Price $336,625

CONDOS CURRENTLY ON THE MARKET

223 Total Units
Lowest Price = $25,000 - Highest Price = $1,495,000
128 East Lake Units
1 Off East Lake Units
21 West Lake Units
4    Off West Lake Units
7    Big Spirit Lake Units
0    Other Lake Shore Units

CONDOS SOLD YEAR-TO-DATE

47 Condo Units Sold

*Lake sales figures include condo sales & properties on Leased Land, as well as vacant land. (Figures based on MLS statistics on above date.)

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- NEW LISTING

Outside view of Unit $74,200
THIS PROPERTY TEMPORARY OFF THE MARKET - CALL ME
FOR INFORMATION ON VIEWING 712.330.2221
1750 Country Club Dr., #112, Okoboji, IA 51355
List #07-957

Subject to Sellers securing suitable replacement housing within 72 hours of accepted offer. Clean ground floor end unit. 1 bedroom 1 bath with newer furnace, A/C, water heater and carpet. Affordable year around get away located on Brooks Golf Course. Great rental opportunity. Association dues are $100.00 a month. More information

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- NEW LISTING

$150,000

607 Lake Street, Spirit Lake, IA 51360
List #07-989

Triplex rental income opportunity. Main floor has been converted to a 3 bedroom 1 1/2 bath apartment. Upstairs recently completed into 2 additional 1 bdrm 1 bath apartment, & 2 bdrm 1 bath apartment. Each unit separately metered with separate entrance. List of recent repairs and updates available at Listing Office. Property sold in 'AS IS' condition. More information

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DAWN LEFEVRE Serving the Iowa Great Lakes Area. Here you will find various topics of discussion as well as a variety of information regarding the Iowa Great Lakes Area. Stop by often and please feel free to leave your comments.................... DOWDEN-HINN REALTORS Broker-Associate, e-Pro Certified Spirit Lake, IA 51360 800.373.1241 x49 Cell: 712.330.2221