2010 Real Estate Sales Report for Big Canoe

The 2010 Big Canoe real estate sales numbers are now available. Of 103 homes sold, 13% were in the $100,000 to $200,000 price range. These, for the most part, would be weekend cabins or seasonal homes. The most popular price point with 32% of  Big Canoe home sales was the $200,000 to $300,000 price range.  The next most active price range was the $300,000 to $400,000 range with 14% of Big Canoe  home sales. One can find a primary home in this price point.  The $500,000 to $600,000 range had 9% of  sales while the $600,000 to $700,000 range had 6% of existing home sales.  Sales over $700,000 were few as there was only 1 sale in the $700,000 to $800,000 range and none in the $800,000 to $900,000 price point.  There were 2 sales in the $900,000 to $1 million range and none over 1 million.

This is the same trend we have seen in Big Canoe since the real estate slowdown.  Weekend homes are selling because most buyers do not have to sell a home in order to buy.  Higher end home sales have been stagnant but should pick up once consumer confidence comes back to the real estate market. As one might expect, there are some wonderful houses with bargain pricing in the upper level price points in Big Canoe.  If you have questions about Big Canoe or need clarification on any of these stats, please feel free to contact me.