This is always one of my favorite charts! This is a look at the number of lake homes sold in the last half of the year. Most years, we sell almost 70% of lake homes in the last half. 2017 was no different. If you study the data further you will find that we really move the huge majority of that 70% in the 4 months from July 1 to November 1. Why? Our heavy tourist season used to start in early June. Now it starts later in June. The other reason we sell so many more lake homes is we have open water during those months. We normally have open water from April to December.
What does this mean? If you are a seller it means that you want to be ready before July 1. You want to be on the market, cleaned up and priced right. If you are a buyer, it will mean that you will be competing against many other buyers during those months. If buyers are looking for a better selection, I would suggest getting a jump on the heavy buying season.
We are entering the “mud season”. I like to call it the season that links winter to spring! We are still cold but the sun is getting powerful and melting snow and ice. The critters are waking up and spring will be here quite soon
