Last month residential homes in Alexandria, both on and off the lake, sold on average at 96.1 percent of the price listed in the Greater Alexandria Area Association of REALTORS Multiple Listing Service. If the sales history is filtered further to lake homes only at Lake Carlos, Lake Darling and Lake Le Homme Dieu, the percentage rises to 97.23 percent.
The rates for all residential homes has stayed steady all year with the lowest percentage being in March at 95.2%. It is the best metric as the number of all residential sales is more consistent than lakefront sales only. With either, the trend is clear that we are likely moving on to a seller’s market in 2015.
