Riding the Tide: Insights into the New York Lake Property Market

Making Waves: New York Lake Real Estate Market Insights

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Glenn Pitcher

Looking to get into the New York lake real estate scene? We have the latest market happenings, and it looks interesting. The market value for lake homes and lots has surged to $1,251,608,693, that's a 24% increase from last winter.

With a total of nearly 2,000 listings, there are plenty of options for those looking for the waterfront lifestyle. Lake Champlain seems to be stealing the spotlight as the largest market for both homes and land. It's the place to be if you're dreaming of owning some prime lakefront property.

If you're after the creme de la creme of lake homes, than Skaneateles Lake is what you are looking for, with the average price for homes at a cool $2,209,842. There are 148 homes listed for over $1 million across New York.

When it comes to people eyeing these waterfront locations, it looks like the 45 to 64 age group takes the lead, making up 73% of the searchers, with the majority being male. It seems that the allure of lakeside living is calling out to those looking for a slice of paradise.

The most sought-after cities beyond New York for these stunning lakefront properties include Ashburn, VA, Philadelphia, PA, and Dallas, TX. The allure of New York's lakeside real estate is extending its reach to a broader audience.

So, whether you're dreaming of a lakeside retreat or wanting a savvy investment, the New York lake real estate market is definitely something to keep an eye on. Who knows, your perfect lakeside escape could be just down the road in the Empire State.

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