| No. Bedrooms | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 1 bedroom | - | - | - | - | - |
| 2 bedrooms | - | - | - | - | - |
| 3 bedrooms | $438,400 | +99.8% | $253,000 | $219,400 | $233,400 |
| 4 bedrooms | - | - | - | - | - | All properties | $362,950 | +44.1% | $250,000 | $251,900 | $225,000 |
Lake Placid Market Trends
Today, December 20, 2009
Lake Placid Summary
The median sales price for homes in Lake Placid NY for Sep 09 to Nov 09 was $362,950. This represents an increase of 45.2%, or $112,950, compared to the prior quarter and an increase of 44.1% compared to the prior year. Sales prices have appreciated 61.3% over the last 5 years in Lake Placid.
The average listing price for Lake Placid homes for sale on Trulia was $1,276,406 for the week ending Dec 08, which represents an increase of 0%, or $140, compared to the prior week and an increase of 25.2%, or $257,158, compared to the week ending Nov 17. Average price per square foot for Lake Placid NY was $307, a decrease of 39.9% compared to the same period last year.
| No. Bedrooms | Week ending Dec 8 | w-o-w | Week ending Dec 1 | Week ending Nov 24 | Week ending Nov 17 |
|---|---|---|---|---|---|
| 1 bedroom | - | - | - | - | - |
| 2 bedrooms | $639,308 | -7.9% | $693,835 | $684,301 | $634,466 |
| 3 bedrooms | $796,083 | +29.5% | $614,592 | $632,050 | $633,997 |
| 4 bedrooms | $804,458 | +0.5% | $800,303 | $789,459 | $787,679 | All properties | $1,276,406 | 0.0% | $1,276,266 | $1,033,468 | $1,019,248 |
| No. Bedrooms | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 1 bedroom | - | - | - | - | - |
| 2 bedrooms | - | - | - | - | - |
| 3 bedrooms | $213 | -58.2% | $180 | $510 | $126 |
| 4 bedrooms | - | - | - | - | - | All properties | $307 | -39.9% | $174 | $511 | $127 |
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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