2016 Home Sales Data on Teal, Lost Land & Ghost Lakes
We are pleased to provide you with the 2016 results for residential sales on Teal, Lost Land and
Ghost lakes. This information includes data we secured from properties listed on the Northwest
Wisconsin Multiple Listing Service (MLS); it does not take into account sales that may have
occurred directly between parties.
The report provides helpful information with respect to the list and sales price, the size of lot,
front feet, bedrooms, bathrooms, square footage of the home, year built, days on market (DOM),
etc.
Our analysis indicates that there were 10 unit sales in 2016 on the lakes compared to 9 sales in
2015. The average days on market were 158 versus 302 in 2015 while the average sales price in
2016 was $279,620 as compared to $177,878 in 2015. In a review of sales price verses list price,
the average sales price ended up at approximately 95.7% of list price. Compared to the Sawyer
County real estate estimated fair market value (EFMV) the average sales price for the subject
properties finished approximately 3% below the EFMV.
We have also compiled the same sales information for other area lakes. Should you wish to
secure additional information on any sales or other real estate information, please feel free to
contact our office and a member of our dedicated team of real estate experts will gladly help you.
If you are interested in having us complete a comparative market analysis (CMA) for your
property, just call our office and we will do so at no cost or obligation.
Respectfully,
Gary A. Nathan
Broker
