Waterfront Home Sales - February
Wednesday, February 19, 2020
Waterfront Home Sales – February.
Whether it’s a river, bay, creek or pond, waterfront homes have a built-in natural asset many buyers want. Some people only think of waterfront homes during warm months. But, there are many buyers who recognize their value during winter months. Waterfront properties can be a great source of reflection and solace during fall and winter seasons. Plus, there are fewer competing buyers!
Buying or Selling Homes on Waterfront
Clark County offers many opportunities for waterfront living. But the challenges of regulations, market demand, and a small inventory (especially during the winter) have made this a limited, and specialized market. Regulations designed to protection our watersheds restrict the development of shoreline properties with tight footprints, setbacks, and mitigation requirements. Even creeks are regulated in certain protected watersheds, so this can cause frustration for anyone trying to build or expand a house along a natural waterway.
Whether you are looking for, or want to sell, waterfront property, you should work with a broker who has experience in this specialized market and knows how to achieve that perfect outcome for you.
Waterfront Home Sales – February
59 Active from $425,000 to $4,800,000
Average SQFT 3,646
Average $/SQFT $287
30 Pending from $359,900 to $1,100,000
Average SQFT 2,703
Average $/SQFT $219
42 Sold in past 3 months from $350,300 to $1,300,000
Average SQFT 2,868
Average $/SQFT $203
Median Days on Market: 79 days. Waterfront homes don’t last long!
*Averages include single family homes starting at $350,000.
Looking for a waterfront property? Start your search here.
Have a home on the water you want to sell? Call us – We specialize in selling homes with “Nature As Neighbors.”