The Top 10 List

By: Dave G.
Date: Tuesday, October 16th, 2007
Departments: Home & Garden

12:15 AM 10/21/2007

LP Top Ten

I took some time to put together some September 2007 statistics. Below you will find the top ten lake property searches (by lake and city) on LakePlace.com. These stats are based on just under 3,000,000 page views for the month of September (2,986,482 to be exact). Page views were down from August, but this is the normal trend for LakePlace.com - we start dropping off a little bit in the fall and winter - and then start picking up again in the Spring. Anyway, here you go:

Lake Name Search Lake Size Market Size Median Price
1. Lake Superior Property info   266 listings   $499,900  
2. Lake Minnetonka Homes 14,101 acres   302 listings   $1,050,000  
3. Lake Mille Lacs Property 128,223 acres   218 listings   $299,900  
4. Lake of the Woods Property 305,907 acres   20 listings   $299,000  
5. Castle Rock Lake Property 13,955 acres   148 listings   $298,900  
6. Lake Petenwell Property 23,040 acres   113 listings   $399,000  
7. Lake Michigan Property info   11 listings   $210,000  
8. Lake Winnebago Property 137,708 acres   96 listings   $399,900  
9. Gull Lake Property 9,947 acres   199 listings   $749,900  
10. Rainy Lake Property 44,732 acres   93 listings   $459,000  

Note: Some of these numbers are going to be slightly off. 95% of Door County lake property listings were not included in the Lake Michigan numbers. Also, because there are multiple Gull Lakes in Minnesota, these numbers may be slightly skewed. All median prices reflect lake home prices and exclude undeveloped lake lot prices.

Top City Searches Market Size Lake Home Lake Lot
1. Hayward Lakefront Property 649 listings   $299,900   $162,000  
2. Alexandria Lakefront Property 536 listings   $370,000   $139,000  
3. Detroit Lakes Property 226 listings   $379,900   $150,000  
4. Cumberland Lake Property 104 listings   $299,000   $119,000  
5. Park Rapids Lake Property 321 listings   $289,000   $130,000  
6. Ely Lakefront Property 148 listings   $350,000   $200,000  
7. Grand Rapids Lake Property 216 listings   $369,000   $139,900  
8. Siren Lakefront Property 105 listings   $245,000   $54,900  
9. Duluth Lakefront Property 178 listings   $309,900   $99,900  
10. Crosslake Lakefront Property 276 listings   $534,900   $235,000  

So those are the top 10 searches - by lake and city - for September 2007. If you have any questions about buying or selling a lake home or lake lot - please do not hesitate to contact us!

As always, happy lake home hunting!

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