Okoboji Area Real Estate News

April 2008

Apr. 1, 2008 -

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 4/1/2008

CURRENTLY ON THE MARKET

1010 Total Properties
High Price $3,495,000
Average Price $278,476
Average Days on Market 306

YEAR-TO-DATE SOLD

69 Total Properties

High Price $895,000

Average Price $171,540

Average Days on Market 222

WEST LAKE SOLD (YEAR-TO-DATE)*

3 Properties Sold for a Total of $1,674,500

Average West Lake Selling Price $558,167

EAST LAKE SOLD (YEAR-TO-DATE)*

8 properties Sold for a total of $2,345,700

Average East Lake selling price $293,212

BIG SPIRIT LAKE (YEAR-TO-DATE)*

2 Properties Sold for a Total of $410,000

Average Big Spirit Lake Selling Price $205,000

CONDOS CURRENTLY ON THE MARKET

190 Total Units
Lowest Price = $40,000 - Highest Price = $1,495,000
111 East Lake Units
1 Off East Lake Units
17 West Lake Units
5    Off West Lake Units
6    Big Spirit Lake Units
3    Other Lake Shore Units

CONDOS SOLD YEAR-TO-DATE

17 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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Apr. 1, 2008 - New Listing

$17,500
BE A PART OF HISTORIC ARNOLD'S PARK
QUEEN'S COURT
BUSINESS AVAILABLE
37 Lake Street, Arnolds Park, IA 51331
List #08-229

Included in sale is Prairie Garden's business, fixtures and inventory only. Building is leased from Arnolds Park for $4580.00 per season. Great location on corner with 2 entrances, bath, heat & air. 10% of 2008 lease was paid in January 2008; included in sale. Financial statement and lease available at Listing Office. CONTACT ME FOR MORE INFORMATION

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Apr. 1, 2008 - New Listing

$156,900
TWO HOUSES ON ACREAGE...
LIVE IN ONE - RENT THE OTHER FOR INCOME !
47704 750th Street, Jackson, MN 56143
List #07-1361

2 houses on appr. 5.79 Acres. Live in one, rent the 2nd house for income. Includes 35 X 45 workshop with water & 220 amp. & wood burning stove. 60 X 120' metal pole barn. 4 acres fenced for horses. Located 5 miles North of Iowa border off of Hwy 86. **No disclosures for house #2. Never lived in by owners. Great rental opportunity.** 1 yr. Home Warranty to Buyers.* CONTACT ME FOR 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