2008 Lake Nasworthy Market Report

17 12 2008

dollarhouse

ATTENTION LAKE NASWORTHY LOVERS:

During 2008, according to data released by San Angelo Association of Realtors Multiple Listing Service, 15 lake homes have sold and closed to this date.  Although 22 lake homes sold in 2007 with an average price of $202,836, the average price this year is over $263,000!  Of the 15 sold this year, 8 offered deeded lots already purchased from the City.

Here are the price ranges of the sales this year:

SOLD PRICES                                                NUMBER OF SALES

Under $100,000                                                           1

$100,000–$200,000                                                   3

$200,000–$300,000                                                   7

$300,000–$400,000                                                   3

Over $400,000                                                            1

There are currently 14 homes on the market for sale that range in price from $140,000 to $619,000.  The average price of these homes is $338,670 and they have been on the market for an average of 96 days.

ERA Newlin & Company was involved 53% of the lake homes sold this year (8 of 15).  The rest of the real estate companies in town sold the other 7.  As you can see, ERA is committed to working with the folks at Lake Nasworthy!!  Do you have questions regarding your home or lake lot and the real estate values?  Have you considered selling your lake property but didn’t know exactly where to start?

Do this:  Call, email or text Mike or Ryan Newlin at any time.  We are ready to go to work for you or help you with any real estate problem.  We are lake property owners and Mike has been selling Nasworthy properties since 1988.  Yes, he is an old-timer but still gets around.

We hope to hear from you soon or anytime during the next great year in San Angelo!!

Sincerely,

Mike Newlin, Broker                                                    Ryan Newlin, Realtor

325-277-4275                                                             325-277-2828

This Data is from Navica MLS on  12.16.2008

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