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Lake Gaston Property Values
/ ROI
2006-2007 Comparison:
1-Year Difference
(averages)
|
Real Estate
Sector |
Median
Price |
Average
Price |
Selling
Price |
Trans-actions |
Months on Market |
Days On Market |
|
Houses:
waterfront |
$530,000 |
$576,482 |
9% |
- 30% |
5.6 |
3% |
|
Houses: off-water |
$ 99,000 |
$119,230 |
- 4% |
18% |
5.8 |
1% |
| |
|
|
|
|
|
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Lots: waterfront |
$300,000 |
$301,899 |
13% |
- 30% |
9.5 |
31% |
|
Lots: off-water |
$ 22,950 |
$ 31,474 |
14% |
- 54% |
5.4 |
- 16% |
|
Statistics obtained from the Roanoke Valley Lake Gaston Board of
Realtors® Multiple Listing Service (MLS). |
2005-2006 Comparison:
1-Year Difference
(averages)
|
Property Type |
2005
Avg |
2006
Avg |
% Increase |
2006
Lowest |
2006
Highest |
|
|
|
|
|
|
|
|
Waterfront House |
$433,459 |
$528,321 |
22% |
$59,900 |
$1,400,000 |
|
Waterfront Lot |
$187,689 |
$265,991 |
41% |
$11,000 |
$1,500,000 |
|
|
|
|
|
|
|
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Off-water House |
$115,762 |
$124,820 |
9% |
$5,000 |
$350,000 |
|
Off-water Lot/Land |
$ 18,585 |
$27,500 |
5% |
$1,250 |
$175,000 |
|
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Commercial |
|
$80,750 |
|
$69,000 |
$115,000 |
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2005-6 figures obtained from sales statistics
of
Roanoke Valley Lake Gaston Board of Realtors MLS
|
2001-2005 Comparison:
5-Year Difference
(averages)
|
Property Type |
2001 |
2005 |
%
Increase |
Avg
Increase
Per Yr. |
2005
Lowest |
2005
Highest |
| |
|
|
|
|
|
|
|
Waterfront House |
$ 218,500 |
$433,459 |
98% |
20% |
$79,900 |
$1,200,000 |
|
Waterfront Lot |
$ 75,200 |
$187,689 |
150% |
30% |
$14,900 |
$510,000 |
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Off-water House |
$ 72,000 |
$115,762 |
61% |
12% |
$14,000 |
$460,000 |
|
Off-water Lot/Land |
$ 7,100 |
$ 18,585 |
162% |
32% |
$2,500 |
$310,000 |
|
2001 figures obtained from
statistics compiled by South Shore Realty using HERO MLS
2005 figures obtained from sales
statistics using Roanoke Valley Lake Gaston MLS |
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