Some people have gotten some pretty good deals on water front homes on Lake Kegonsa in the last year. There is still 15 months of inventory and prices have remained very reasonable with an incredible variety of sizes, styles, quality, and condition of homes. There were 16 sales ranging from $160,000 to $900,000. The average sale price was $423,393 and the median sale price was $387,000. Currently there are 13 properties for sale with list prices ranging from $289,000 to $1,890,000. The average list price was $550,677 and the median list price was $459,000. Sizes have ranged from 700 sq. ft. to monsters with as much as 8,148 total sq. ft.. For those on the market, absorption rates have remained steady all year with 1.33 homes selling per month. The odds of selling a home in the first month is around 6%. Competition has kept prices reasonable and now is the time to start searching before the spring thaw.
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