What is happening in the Cedar Creek Lake Market This Year

2018WF Sales to 10-31-18

In the 13 years that I have been keeping sales statistics for Cedar Creek Lake, there have been some interesting changes this year.  The most fascinating news is that we have a new Top 3 price point category.

  • Waterfront homes in the $400,000-$499,000 category are the New Top 3  for 2018 sales.
  • Waterfront homes in the $200,000 – $499,000 range are the top sellers for 2018.
  • There have been more million dollar properties sold this year than in all 13 years I have watched reported sales data from the Henderson County MLS.
  • There was very little inventory in the under $200,000 range.
  • The average waterfront days on market has decreased to 130 days
  • Sellers have been getting 95% of current list price.

Offwater homes in Waterfront subdivisions and Residential homes are doing well in the lake area too.

  • Most of the homes are sold in the $100,000-$199,000 price range.
  • There is more activity this year in the $200,000 and up range.
  • There is some activity in the over $400,000 range.
  • The average days on market is down to 98 days.

Acreage in the Lake area of Henderson County and Kaufman County

  • For 2018 the average acre tracts sold are 5 acres and the median price is $6,555 an acre.
  • The median days on market for acreage is down to 99 days.

Let the Schwanbecks Exceed Your Expectations!

We would love an opportunity to assist you in your real estate needs  – anywhere in the DFW metroplex or whether you want a lake home in East Texas.  Click here to view our website.  Click here to learn more about Cedar Creek Lake.

| Debbie and Bruce Schwanbeck, Realtors at Ebby Halliday Realtors DebbieS@ebby.com BruceS@ebby.com  469.283.8656 |

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