Lake Real Estate Market Report

A Multi-State, Lake-Focused Real Estate Market Report

Winter 2020

Produced By LakeHomes.com Lake Real Estate Market Report – Winter 2020

Table of Contents

CEO’s Market Insights ...... 3 Report Methodology ...... 7 Overall Top 10s ...... 8 Top-Ranked By State ...... 10 Alabama ...... 14 Arkansas ...... 20 Connecticut ...... 26 Florida ...... 31 Florida - Central ...... 37 Florida - NE ...... 41 Georgia ...... 45 Idaho ...... 51 Illinois ...... 56 Indiana ...... 61 Iowa ...... 66 Kentucky ...... 71 Louisiana ...... 76 Maine ...... 82 Maryland ...... 88 Massachusetts ...... 93 Michigan ...... 98 Minnesota ...... 104 Mississippi ...... 109 Missouri ...... 113 Nebraska ...... 117 New Hampshire ...... 121 New York ...... 127 North Carolina ...... 133 Oklahoma ...... 139 Pennsylvania ...... 145 South Carolina ...... 151

Tennessee ...... 157 Texas ...... 163 Vermont ...... 169 Virginia ...... 174 Washington ...... 180 Wisconsin ...... 186 Permissions for Use ...... 191

CEO’s MARKET INSIGHTS While we find ourselves in uncharted economic territory, the lake real estate market is robust and looks to remain strong through 2021.

To be more specific, here are my observations and outlook based on our brokerage and market data, consumer trends on LakeHomes.com, and updates from Lake Homes Realty agents at lake markets across the country. Some (but not all) of these opinions apply to most residential real estate and not just lake homes and land.

1. Due to the expectations of available vaccines, many predict a real estate boom in 2021 as we come out of COVID restrictions and business picks up across the country. My opinion differs as I expect a strong market but no boom.

The lake real estate market activity during the winter and spring of 2021 will slightly exceed winter and the spring of 2020 PROVIDED there are enough appropriately priced homes for buyers to purchase (which is a severe problem in most areas of the country).

I believe the 2021 real estate markets, including lake real estate, will be similar (+/- 20%) to the strong market volume of 2020.

One important caveat: When the Covid relief moratorium on foreclosures ends, there will be damage to homeowners and lenders in the real estate market. Consequently, the overall real estate market and the U.S. economy will have damage, although the degree of damage is hard to predict.

Simultaneously, lake real estate markets will be insulated from foreclosures, other than peripheral influence. Even in the real estate bust of 2008 and 2009, there were few foreclosures on lake homes. Most owners paid cash or were otherwise wealthy enough to avoid foreclosure.

In 2021, lake home buyers should not expect to find "great deals" at the lakes, even if other real estate segments struggle with foreclosures or short sales.

2. Other than closings on previously existing contracts, Mid-March through mid-April saw real estate activity almost freeze. However, in mid-April, lake home buyers returned and by May had STORMED past pre-COVID levels of activity, which has continued into the end of the year.

Market tempo initially varied by state, as some brokerages were restricted by law from conducting real estate for a month or two. Now, most of the country is unusually active with increasingly assertive buyers.

3. The already limited pre-COVID inventory of "appropriately priced" lake homes has continued to shrink. At some lakes, the inventory of lake homes for sale is at all-time lows.

An increased appetite from buyers drives the inventory contraction while many sellers have retreated. The seller retreat is due to health and economic concerns and will last until homeowners feel physically and financially safer.

“The already limited pre-COVID inventory of "appropriately priced" lake homes has continued to shrink. At some lakes, the inventory of lake homes for sale is at all-time lows.” - G

4. Are we headed to a real estate boom or bust? No, at least not right away. In the 2009 recession, mortgage lending and real estate deals lead to that disaster. Therefore, it could not lead the country out of the bust cycle. This time the real estate industry, including lending, is on much more solid ground. Building supply shortages will suppress a massive surge in new home construction and prevent an oversupply in the next two years.

5. While money remains cheap to borrow, lenders are increasingly cautious. Their caution is forged in concerns of Covid-driven business failures, corresponding unemployment, and the pandemic-related national and private debt.

Cautious lenders, however, will not be an issue for lake real estate. Lake home buyers often pay cash, so mortgage availability has little-to-no impact.

That said, some lake home buyers may entertain using cheap interest mortgages for home purchases, leaving their capital available for any unexpected struggles. Overall, mortgage rates and availability will have no meaningful impact on the lake real estate market in 2021.

6. COVID-19 created three new types of lake home buyers.

The first are those who have decided they should no longer wait to find their dream home. They want to buy their lake home sooner rather than later and may settle for less than perfect.

The second new buyer profile believes a lake home is a great place to social distance, work remotely, and home school. These buyers understand that a lake home will still be an enjoyable investment even if the pandemic ends sooner than expected.

The third and newest type of lake homebuyer has decided that instead of considering a lake home as a second home, a lake home will instead be their primary (and perhaps only) home. These buyers are taking advantage of remote work and home school options. With this flexibility and strong demand for homes, they sell their homes in the cities and suburbs and move full-time to the lake.

7. With strong demand for lake homes, why are there tens of thousands of lake homes and lake lands that have been listed for sale for months and even years?

Easy answer. Buyers consider these properties as overpriced. Buyers may be hungry, but they are not fools. They know the lake real estate market is likely at, or near, peak and have no desire to shoot too far beyond that peak. www.LakeHomes.com Copyright © 2020 Lake Homes Realty, LLC 4 Lake Real Estate Market Report – Winter 2020

These buyers remember their friends and family (and maybe even themselves) who bought at the 2008 peak and never fully recovered that investment. With the likelihood of economic and debt turmoil ahead of us, lake home buyers are eager but still prudent.

8. What will not change is a pattern we have seen for three years now: Lake home buyers will look to see if a property has been listed for sale by "motivated sellers" or "speculative sellers."

As has been the case for the last three years, buyers will quickly respond to new listings that signal (by a reasonable price) the property is genuinely and actively for sale.

At the same time, if a home is priced high or is in poor condition for the list price, buyers will believe the seller is not serious. The buyers will usually ignore these lake properties, regardless of any shortage of available inventory.

Lake home buyers (and home buyers in general) easily spot overpriced homes and AVOID THEM! Typically, they do not even request a showing or more information. Their time is too valuable, and they find the sellers of overpriced homes to be unmotivated to negotiate. So, they do not spend time looking at houses of "speculative" sellers. Instead, these interested buyers watch inventories online and wait for reasonable sellers.

9. When pricing their lake home, sellers should realize that many buyers evaluate lake homes on MULTIPLE LAKES, sometimes even in different states. Therefore, it is wise to price lake real estate with a solid understanding of multiple markets and guidance on home prices on similar lakes in other areas.

10. Lake homes priced below $800,000 will continue to sell well WHEN (and only when) PRICED APPROPRIATELY for age, location (including shoreline, water quality, and water depth), and physical condition. This amount is an increase in the price point from prior years.

11. Except for markets where the average lake home value is more than $800,000, lake homes priced at $800,000 or more continue to see less buyer interest. The lack of interest will not change in the next year (or longer) due to several specific reasons.

Most lake home buyers have risk-averse price sensitivity. A subset believes they can now find amazingly discounted deals (which is not a reality, but still their belief). As a group, buyers are showing no appetite for paying peak premium prices. Sellers who overprice ignore this buyer's reality at their peril.

Older homeowners are continuing the trend of downsizing. The impact of this trend is growing in the inventory of larger, high-end lake homes for sale at a time when many buyers seek more practical lake homes.

Before the pandemic, I felt the cultural "The Age of Opulence" had ended. That is, owning the largest homes that were once a popular trend has now faded. The current economic uncertainty and buyer trends have affirmed this as a reality.

12. Sellers need to understand that a lack of showings (in-person or virtual) or lack of offers is rarely due to a lack of marketing of a home (other than exceptional cases or some For-Sale-By- Owner properties lacking sufficient online exposure).

Buyer inaction will continue to speak loudly even if unrealistic sellers ignore the message. A lack of buyer interest announces that buyers consider the property overpriced for buyers' current appetite. An overpriced home is not even worth their time to inquire or visit.

If selling a home, listen to the market's response (which is often silence), and adjust quickly before your property becomes "stale" on the market.

Appropriately priced lake homes and land are quality investments in any economy. Whether you are buying, selling, or planning for the future, I hope this report is helpful.

Please let us know if we can be of service in any way. Really!

Glenn S. Phillips

CEO

Report Methodology

LakeHomes.com is the website and public information tool of Lake Homes Realty. Lake Homes Realty is a full- service real estate brokerage licensed in 31 states and is currently a member of 134 Multiple Listing Services (MLS). Thirty-one of these states are covered in this report. States that are not included in this report have data that has not yet been evaluated.

This report is based on real estate property for sale based on listing data collected in November of 2020, including value (i.e., list price) and volume of listings in the 31 states covered in this report.

When calculating the “Most Expensive” and “Most Affordable” rankings, any lake with fewer than 10 home listings or (10 small land/lot listings or fewer than 5 large, 10 acres or more, land/lot listings) currently available for sale were eliminated from the report to increase the reliability of the average listings. Lakes with less than one total acre were not included in acreage price averages. The several state graphics include only lakes with one or more or two or more million-dollar homes. ZIP codes with four or fewer listings were not included in ZIP code analyses.

Many states share at least one large lake with another state, and to best represent their market size, the inventory for the entire lake market is included in the market size rankings. These lakes are noted throughout the report (*). Because prices in some states are inherently different than their neighboring states, combined inventory of border lakes is not used for “Most Expensive” and “Most Affordable” rankings, which are calculated using only property in the given state.

Market and Listing totals include all currently listed property, not just the total of the top lakes listed in this report.

All other comparisons, including website traffic, were determined using data from LakeHomes.com for the 3- month period ending November 14, 2020.

Data is collected from each MLS on a daily basis for each home and land/lot listing available for sale. Through proprietary algorithms of LakeHomes.com, it is determined which MLS listings are lake homes and lake property.

For reporting purposes, lake homes and lake land are any home or land/lot listing adjacent to a recognized inland body of water, has a view of any of these lakes, has designated access to a lake, or is within a community that considers itself a lake-focused community or development.

The data is comprehensive for each MLS of which the firm is a member, however additional MLS are periodically added. This can increase the total amount of data collected and can slightly influence comparative measurements with past and future lake market reports.

New data and MLS sources are periodically added, and the lake algorithms frequently adjusted to accurately include only lake property and lake-associated property. This can result in the periodic addition or removal of active listings.

* This includes lake real estate inventory from more than one state.

ALABAMA

Price Breakdown by Number of Homes in the Alabama Market 2020Q4

$250K To $500K 449

$500K To $750K $0 To $250K 237 368

$2M or $1M to $2M more 94

$750K To $1M 105

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Alabama's Land Markets have almost twice the number of listings as its Home Markets.

1. Lake Martin $163,654,487 15.7% 6. Lake Wedowee $57,098,819 5.5% 2. Lewis Smith Lake $152,356,339 14.6% 7. Wilson Lake $39,777,649 3.8% 3. Lake Guntersville $100,307,698 9.6% 8. Greystone Lake II $35,466,599 3.4% 4. Logan Martin Lake $67,747,987 6.5% 9. Neely Henry Lake $35,291,800 3.4% 5. Lake Tuscaloosa $58,588,566 5.6% 10. Lake Eufaula* $29,607,200 2.8%

1. Lake Martin $128,259,987 19.5% 1. Lewis Smith Lake $74,971,540 19.4% 2. Lewis Smith Lake $77,184,899 11.7% 2. Lake Guntersville $52,633,748 13.6% 3. Lake Guntersville $47,673,950 7.2% 3. Lake Wedowee $42,995,119 11.1% 4. Logan Martin Lake $47,507,282 7.2% 4. Lake Martin $35,394,500 9.2% 5. Greystone Lake II $35,001,599 5.3% 5. Lake Tuscaloosa $29,414,415 7.6% 6. Lake Tuscaloosa $29,174,151 4.4% 6. Wilson Lake $20,790,000 5.4% 7. Highland Lakes $27,090,400 4.1% 7. Logan Martin Lake $20,240,705 5.2% 8. Neely Henry Lake $23,563,200 3.6% 8. Wheeler Lake $17,982,300 4.7% 9. Wilson Lake $18,987,649 2.9% 9. Neely Henry Lake $11,728,600 3.0% 10. West Point Lake* $18,683,439 2.8% 10. Lake Eufaula* $10,938,400 2.8%

Logan Martin Lake Increased

over $6 million (14.61%) in value from fall 2020.

Most Affordable Homes

1. Greystone** Lake II $1,000,046 1.** Echo Lake $257,650 2. Lake Martin $751,723 2. Weiss Lake $284,519 3. Lake Tuscaloosa $748,055 3. Lay Lake $290,635 4. Liberty Park $744,090 4. Lake Eufaula $309,487 5. Wilson Lake $612,505 5. Lake Mitchell $332,940 6. Lewis Smith Lake $612,449 6. Jordan Lake $377,432 7. Highland Lakes $602,009 7. Lake Heather $388,241 8. Lake Guntersville $534,837 8. Lake Wedowee $395,085 9. Lake Forest $495,741 9. Riverwoods Lake $396,924 10. Wheeler Lake $470,413 10. Neely Henry Lake $397,229

1. Lewis Smith Lake 683 17.2% 6. Weiss Lake 203 5.1% 2. Lake Guntersville 380 9.6% 7. Neely Henry Lake 191 4.8% 3. Lake Wedowee 320 8.1% 8. Lake Tuscaloosa 171 4.3% 4. Lake Martin 299 7.5% 9. West Point Lake* 143 3.6% 5. Logan Martin Lake 292 7.4% 10. Lake Eufaula* 142 3.6%

1. Lake Martin 172 12.9% 1. Lewis Smith Lake 553 21.0% 2. Lewis Smith Lake 129 9.7% 2. Lake Guntersville 290 11.0% 3. Logan Martin Lake 118 8.9% 3. Lake Wedowee 282 10.7% 4. Lake Guntersville 90 6.8% 4. Logan Martin Lake 174 6.6% 5. Lake Eufaula* 74 5.6% 5. Weiss Lake 159 6.0% 6. Neely Henry Lake 61 4.6% 6. Lake Tuscaloosa 132 5.0% 7. Lay Lake 50 3.8% 7. Neely Henry Lake 130 4.9% 8. West Point Lake* 46 3.5% 8. Lake Martin 127 4.8% 9. Highland Lakes 45 3.4% 9. West Point Lake* 94 3.6% 10. Weiss Lake 44 3.3% 10. Lay Lake 91 3.5%

1. Lake Cameron*** $773,822 1. Lake Guntersville** $18,194 2. Wilson Lake $210,408 2. Lake Tuscaloosa $15,002 3. Wheeler Lake $175,301 3. Lewis Smith Lake $13,525 4. Lake Martin $147,256 4. Jordan Lake $11,984 5. Lake Tuscaloosa $128,009 5. Wheeler Lake $11,497 6. Lake Guntersville $112,436 7. Lake Purdy $99,005 8. Lewis Smith Lake $73,458 9. Lake Wedowee $72,791 10. Lake Mitchell $68,368

1. Bankhead ***Lake $16,969 1. Neely Henry **Lake $3,281 2. Lay Lake $23,403 2. Lay Lake $6,854 3. Echo Lake $26,346 3. Echo Lake $7,116 4. Elk River $34,985 4. Lake Martin $9,738 5. Jordan Lake $39,278 5. Logan Martin Lake $10,587 6. Deer Ridge Lake $44,057 6. Lake Wedowee $10,894 7. Weiss Lake $44,717 8. Carrington Lake $44,980 9. Neely Henry Lake $51,088 10. Logan Martin Lake $56,834

Price Breakdown by Percentage of Homes in the Alabama Market 2020Q4

100%

90%

80%

70%

60%

50%

40%

30%

20%

10%

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Where Are The Million-Dollar Listings? 2020Q4

02 4 6 8 10 12 14 16 18 20 22 24 26 # of million $ Listings

A b c

35010 35006 35475 35044 35661 36092 35406 35040 36861 35046 35541 35960 36024 36310 35645 35135 35053 35186 36853 36854 0K 200K 400K 600K 800K 1000K 1200K 0K 50K 100K 150K 200K 250K Average Average

Age

0% 5% 10% 15% 20% 25% 30%

ARKANSAS

Price Breakdown by Number of Homes in the Arkansas Market 2020Q4

$250K To $500K 206

$0 To $250K 228

$2M or more $1M to $2M 15 25

$500K To $750K 64

$750K To $1M 45

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Table Rock Lake has increased its market share to 38.8% from 36.9% in the fall 2020 report.

Arkansas' Land Markets have over twice the number of listings as its  Home Markets.

Where Are The Million-Dollar Listings? 2020Q4

0123456789 10 11 12 13 14 15 16 17 # of million $ Listings

A b c

72632 72088 72758 72714 71968 72044 71913 72153 72653 72067 72131 72715 71909 72581 72732 71901 72631 72619 72764 72745

0K 100K 200K 300K 400K 500K 600K 700K 800K 900K 1000K 0K 50K 100K 150K 200K 250K 300K 350K 400K Average Average

The value of Connecticut's lake land real estate market increased by over $4 million (20.04%) from fall 2020.

Florida's Largest Markets show growth of 42.98% ($772 million) from fall 2020.****

While Lake Maitland ranks 2nd in both the Home Markets and Land Markets, it ranks 1st overall.

****Note: A change in a Florida MLS platform continues to result in more listings being reported to Lake Homes Realty.

** No lake meets the criteria of 5 listings of 10 or more acres to be included in this section.

Central Florida has increased its Largest Markets value by over 787 million (53.62%) from fall 2020.****

** No lake meets the criteria of 5 listings of 10 or more acres to be included in this section. *** No lake meets the criteria of 10 listings of less than 10 acres to be included in this section. ****Note: A change in a Florida MLS platform continues to result in more listings being reported to Lake Homes Realty. www.LakeHomes.com Copyright © 2020 Lake Homes Realty, LLC 38 Lake Real Estate Market Report – Winter 2020

Lake Vedra's market value has increased by over $3 million (11.48%) from fall 2020.

** No lake meets the criteria of 5 listings of 10 or more acres to be included in this section. www.LakeHomes.com Copyright © 2020 Lake Homes Realty, LLC 42 Lake Real Estate Market Report – Winter 2020

Lake Lanier shows a slight increase in market share to 27.0% from 26.3% from the fall of 2020.

1. Lake Lanier $500,937,922 27.0% 6. Lake Burton $78,811,889 4.2% 2. Lake Oconee $360,935,995 19.4% 7. Lake Sinclair $56,399,553 3.0% 3. Lake Hartwell* $190,915,275 10.3% 8. Clarks Hill Lake* $56,352,962 3.2% 4. Lake Allatoona $104,059,446 5.6% 9. Lake Blue Ridge $38,022,325 2.0% 5. Chatuge Lake* $79,248,298 4.3% 10. Windward Lake $32,495,290 2.6%

1. Lake Lanier $318,702,950 25.2% 1. Lake Lanier $150,170,822 29.5% 2. Lake Oconee $238,056,442 18.8% 2. Lake Oconee $105,710,653 20.8% 3. Lake Hartwell* $111,021,885 8.8% 3. Lake Hartwell* $75,939,390 14.9% 4. Lake Allatoona $77,098,761 6.1% 4. Clarks Hill Lake* $28,219,950 5.6% 5. Lake Burton $62,342,600 4.9% 5. Lake Allatoona $21,340,785 4.2% 6. Chatuge Lake* $53,583,399 4.2% 6. Chatuge Lake* $19,550,999 3.8% 7. Lake Sinclair $44,166,573 3.5% 7. Lake Burton $13,371,289 2.6% 8. Windward Lake $32,495,290 2.6% 8. Nottely Lake $12,804,592 2.5% 9. Clarks Hill Lake* $28,133,012 2.2% 9. Lake Sinclair $11,482,980 2.3% 10. Lake Blue Ridge $27,729,150 2.2% 10. Walter F. George Lake* $10,938,400 2.2%

Despite ranking 1st again in all three Largest Markets, Lake Lanier ranks 10th in the Most Expensive Homes list.

1. Lake Lanier 963 17.5% 6. Lake Allatoona 236 4.3% 2. Lake Hartwell* 887 16.1% 7. Chatuge Lake* 226 4.1% 3. Lake Oconee 790 14.4% 8. Nottely Lake 188 3.5% 4. Clarks Hill Lake* 574 10.6% 9. West Point Lake* 143 2.6% 5. Lake Sinclair 276 5.0% 10. Walter F. George Lake* 142 2.6%

1. Lake Lanier 553 24.3% 1. Lake Hartwell* 604 19.3% 2. Lake Hartwell* 277 12.2% 2. Lake Oconee 503 16.1% 3. Lake Oconee 268 11.8% 3. Clarks Hill Lake* 499 15.9% 4. Lake Allatoona 175 7.7% 4. Lake Lanier 375 12.0% 5. Lake Sinclair 115 5.0% 5. Nottely Lake 168 5.4% 6. Chatuge Lake* 80 3.5% 6. Lake Sinclair 160 5.1% 7. Clarks Hill Lake* 75 3.3% 7. Chatuge Lake* 136 4.3% 8. Walter F. George Lake* 74 3.2% 8. West Point Lake* 94 3.0% 9. Jackson Lake 72 3.2% 9. Lake Burton 81 2.6% 10. Lake Arrowhead 47 2.1% 10. Walter F. George Lake* 68 2.2%

1. Lake Blue ***Ridge $296,417 1. Lake Lanier** $42,893 2. Lake Lanier $138,488 2. Lake Hartwell $15,951 3. Lake Burton $134,734 3. Lake Allatoona $12,866 4. Lake Oconee $115,487 5. Chatuge Lake $110,919 6. Lake Tobesofkee $95,062 7. Lake Arrowhead $86,643 8. Jackson Lake $76,762 9. Lake Hartwell $76,678 10. Lake Tara $66,754

1. Richard B.*** Russell Lake $14,104 1. Clarks Hill Lake** $4,514 2. Carters Lake $32,362 2. West Point Lake $8,306 3. West Point Lake $32,679 3. Lake Sinclair $9,767 4. Bent Tree $36,123 4. Lake Oconee $12,244 5. Nottely Lake $37,635 6. Clarks Hill Lake $39,262 7. Big Canoe $42,059 8. Lake Laceola $51,643 9. Lake Sinclair $55,646 10. Lake Allatoona $60,713

* This includes lake real estate inventory from more than one state.

Idaho's Largest Land Markets value has decreased slightly by almost $4 million (2.91%) from fall 2020.

1. Pend Oreille Lake $176,503,999 39.5% 1. Coeur d'Alene Lake 158 33.5% 2. Coeur d'Alene Lake $153,932,499 34.5% 2. Pend Oreille Lake 153 32.4% 3. Hayden Lake $42,041,500 9.4% 3. Hayden Lake 34 7.2% 4. Priest Lake $14,801,900 3.3% 4. Payette Lake 26 5.5% 5. Payette Lake $12,845,300 2.9% 5. Lake Cascade 25 5.3%

1. Pend Oreille Lake $121,341,549 38.2% 1. Pend Oreille Lake 47 32.0% 2. Coeur d'Alene Lake $114,974,199 36.2% 2. Coeur d'Alene Lake 43 29.3% 3. Hayden Lake $38,748,900 12.2% 3. Hayden Lake 19 12.9% 4. Priest Lake $8,673,000 2.7% 4. Lake Cascade 8 5.4% 5. Walsh Lake $7,500,000 2.4% 5. Payette Lake 7 4.8%

1. Pend Oreille Lake $55,162,450 42.8% Coeur d'Alene Lake 115 35.4% 2. Coeur d'Alene Lake $38,958,300 30.2% Pend Oreille Lake 106 32.6% 3. Priest Lake $6,128,900 4.8% Payette Lake 19 5.8% 4. Payette Lake $5,711,400 4.4% Lake Cascade 17 5.2% 5. Fernan Lake $5,497,995 4.3% Hayden Lake 15 4.6%

1. Coeur d'Alene Lake $2,851,905 2. Pend Oreille Lake $2,581,735 3. Hayden Lake $2,039,416

1. Hayden ***Lake $332,493 1. Pend Oreille** Lake $52,215 2. Lake Cascade $312,076 2. Coeur d'Alene Lake $16,399 3. Priest Lake $181,778 4. Payette Lake $175,803 5. Coeur d'Alene Lake $161,051

www.LakeHomes.com Copyright © 2020 Lake Homes Realty, LLC 52 Lake Real Estate Market Report – Winter 2020 13% 14% 16% 17% 23% 26% 35% 17% 25% 50% 50% 67% 37% 22% 43% 23% 13% 19% 100% 100% 100% 19% 15% 50% 19% 26% 38% 15% 19% 50% 50% 43% 14% 33% 16% 16% 13% 17% 12% 13% 5% 4% 4% 2% Idaho Black Lake Black TwinLakes Priest Lake Priest Chase Lake Chase Fernan Lake Fernan Payette Lake Payette Hayden Lake Hayden Lake Cascade Lake Avondale Lake Avondale Lake Sans Souci Sans Lake Pend Oreille Lake Oreille Pend Coeur d'Alene Lake d'Alene Coeur

Illinois' Largest Land Markets value has increased by over $5 million (6.32%) from the fall 2020 report.

1. Lake Michigan $1,607,043,716 71.9% 1. Lake Michigan 2,191 53.0% 2. North Pond $128,109,767 5.7% 2. North Pond 161 3.9% 3. South Pond $31,956,096 1.4% 3. South Pond 68 1.6% 4. Chain O'Lakes - Pistakee Lake $13,618,157 0.6% 4. Holiday Lake 51 1.2% 5. Skokie Lagoons $12,798,999 0.6% 5. Chain O'Lakes - Pistakee Lake 47 1.1%

1. Lake Michigan $1,580,784,528 73.5% 1. Lake Michigan 2,132 59.4% 2. North Pond $127,999,767 5.9% 2. North Pond 157 4.4% 3. South Pond $31,921,096 1.5% 3. South Pond 67 1.9% 4. Chain O'Lakes - Pistakee Lake $12,507,250 0.6% 4. Chain O'Lakes - Pistakee Lake 37 1.0% 5. Lake Sheree $11,493,000 0.5% 5. Chain O'Lakes - Fox Lake 35 1.0%

1. Lake Michigan $26,259,188 31.1% Lake Michigan 59 10.8% 2. Bangs Lake $4,364,250 5.2% Holiday Lake 42 7.7% 3. Liberty Lake $3,569,000 4.2% Spoon Lake 33 6.0% 4. Skokie Lagoons $2,712,999 3.2% Bangs Lake 27 4.9% 5. Lac Louette $2,595,000 3.1% Lake Thunderbird 22 4.0%

1. North Pond $815,285 2. Lake Michigan $741,456 3. Skokie Lagoons $720,429 4. West Lake - Lake Forest $716,936 5. Baker Lake $709,412

1. Bangs Lake*** $267,805 ** 2. Lake Holiday $202,190 3. Holiday Lake $77,883 4. Peoria Lake $62,173 5. Lake Thunderbird $57,714

** No lake meets the criteria of 5 listings of 10 or more acres to be included in this section. www.LakeHomes.com Copyright © 2020 Lake Homes Realty, LLC 57 Lake Real Estate Market Report – Winter 2020 3% 4% 5% 6% 8% 9% 11% 10% 14% 15% 8% 10% 8% 20% 10% 4% 11% 5% 5% 6% 3% 12% 10% 9% 31% 19% 11% 53% 30% 42% 30% 100% 38% 96% 87% 86% 85% 80% 62% 57% 2 5% 42% 41% 35% 30% 30% Illinois Four Lakes Four North Pond North South Pond South Lake Peoria Round Lake Round Wonder Lake Wonder Lake Cosman Lake Lake Michigan Lake Lake Barrington Lake Chain O'Lakes - Fox Lake Fox - O'Lakes Chain Chain O'Lakes - Long Lake Long - O'Lakes Chain Chain O'Lakes - Pistakee Lake -Pistakee O'Lakes Chain

Indiana's Largest Land Markets value has increased by over $9 million (37.06%) from the fall 2020 report.

1. Lake Michigan $34,332,800 11.2% 1. Lake Michigan 52 6.2% 2. Geist Reservoir $27,113,650 10.0% 2. Geist Reservoir 48 7.3% 3. Lake Wawasee $19,435,699 6.3% 3. Lake Wawasee 38 4.6% 4. Tippecanoe Lake $16,587,700 5.4% 4. Lake Shafer 34 4.1% 5. Lake Shafer $11,792,900 3.8% 5. Lake Freeman 22 2.6%

1. Lake Michigan $31,689,200 11.6% 1. Geist Reservoir 48 7.3% 2. Geist Reservoir $27,113,650 10.0% 2. Lake Michigan 39 6.0% 3. Tippecanoe Lake $12,066,700 4.4% 3. Lake Wawasee 20 3.1% 4. Lake Shafer $10,384,700 3.8% 4. Morse Reservoir 19 2.9% 5. Lake Wawasee $9,890,200 3.6% 5. Lake Monroe 17 2.6%

1. Lake Wawasee $9,545,499 27.1% Lake Wawasee 18 10.0% 2. Tippecanoe Lake $4,521,000 12.8% Lake Shafer 17 9.4% 3. Clear Lake $2,691,500 7.6% Clear Lake 14 7.8% 4. Lake Michigan $2,643,600 7.5% Lake Michigan 13 7.2% 5. Crooked Lake $1,474,000 4.2% Hamilton Lake 11 6.1%

1. Tippecanoe Lake $987,642 2. Lake Michigan $812,544 3. Lake James (Little Tippy) $789,280 4. Lake Shafer $610,865 5. Geist Reservoir $564,868

1. Lake Wawasee*** $1,295,165 ** 2. Lake Michigan $351,731 3. Hamilton Lake $318,055 4. Clear Lake $184,602 5. Lake Shafer $129,857

www.LakeHomes.com Copyright © 2020 Lake Homes Realty, LLC 62 Lake Real Estate Market Report – Winter 2020 5% 5% 6% 6% 6% 7% 7% 5% 8% 15% 6% 18% 7% 19% 11% 23% 13% 19% 17% 25% 12% 13% 23% 44% 18% 29% 10% 29% 30% 53% 41% 15% 53% 25% 93% 33% 81% 15% 75% 25% 53% 50% 44% 35% 35% 32% 31% 23% 27% 21% 3% Indiana Pine Lake Pine Lake Shafer Lake Lake Santee Lake Crystal Lake Crystal Lake George Lake Lake Monroe Lake Lake Freeman Lake Lake Michigan Lake Lake Wawasee Lake Geist Reservoir Geist Morse Reservoir Morse Tippecanoe Lake Tippecanoe

West Okoboji Lake has increased its Largest Markets share to 45.0% from 43.0% in the fall 2020 report.

Kentucky Lake's Largest Land Markets value has slightly increased by over $483 thousand (2.25%) from fall 2020.

Lake Charles ranks 1st in the Largest land Markets list but only ranks 8th in the Largest Home markets list.

1. Lake Pontchartrain $107,755,811 26.5% 6. Goodyears Pond $15,443,650 3.8% 2. Grand Lagoon $35,399,381 8.7% 7. Swan Lake $14,142,950 3.5% 3. Lake Charles $32,030,661 7.9% 8. The Lake District $13,387,600 3.3% 4. Toledo Bend Reservoir* $25,854,167 6.4% 9. Bayou D'arbonne Lake $12,899,775 3.2% 5. Prien Lake $20,638,364 5.1% 10. Black Bayou Reservoir $10,762,100 2.6%

1. Lake Pontchartrain $88,786,312 32.0% 1. Lake Charles $23,799,361 18.4% 2. Grand Lagoon $29,186,481 10.5% 2. Lake Pontchartrain $18,969,499 14.7% 3. Toledo Bend Reservoir* $18,754,700 6.8% 3. Swan Lake $11,135,150 8.6% 4. Prien Lake $13,237,600 4.8% 4. The Lake District $8,815,000 6.8% 5. Black Bayou Reservoir $9,394,100 3.4% 5. Bayou D'arbonne Lake $7,417,675 5.7% 6. Green Lake $8,936,070 3.2% 6. Prien Lake $7,400,764 5.7% 7. Goodyears Pond $8,443,300 3.0% 7. Toledo Bend Reservoir* $7,099,467 5.5% 8. Lake Charles $8,231,300 3.0% 8. Goodyears Pond $7,000,350 5.4% 9. Country Club Lake $5,784,300 2.1% 9. Grand Lagoon $6,212,900 4.8% 10. Bayou D'arbonne Lake $5,482,100 2.0% 10. Calcasieu Lake $3,578,300 2.8%

Lake Pontchartrain ranks 1st in Largest Home Markets value but ranks 2nd in the Largest Land Markets list.

* This includes lake real estate inventory from more than one state. *** No lake meets the criteria of 10 listings of less than 10 acres to be included in this section. www.LakeHomes.com Copyright © 2020 Lake Homes Realty, LLC 78 Lake Real Estate Market Report – Winter 2020

Maine's Largest Land Markets value has decreased by over $3 million (-4.07%) from fall 2020.

Maryland's percentage of homes in the $250k - $500k range has increased to 38% from 33% in the fall 2020 report.

1. Deep Creek Lake $24,094,849 32.0% 1. Deep Creek Lake 47 30.9% 2. Lake Linganore $17,093,444 22.7% 2. Lake Linganore 44 28.9% 3. Loch Raven Reservoir $3,275,000 5.3% 3. Lake Lariat 12 7.9% 4. Otter Pond $2,995,000 4.8% 4. Chase Pond 5 3.3% 5. Chase Pond $2,983,900 4.0% 5. Boyd Pond 3 2.0%

1. Deep Creek Lake $18,890,599 30.5% 1. Deep Creek Lake 29 29.9% 2. Lake Linganore $15,424,044 24.9% 2. Lake Linganore 27 27.8% 3. Loch Raven Reservoir $3,275,000 5.3% 3. Lake Lariat 7 7.2% 4. Otter Pond $2,995,000 4.8% 4. Chase Pond 4 4.1% 5. Lake Placid $2,490,000 4.0% 5. Cove Point Marsh 2 2.1%

1. Deep Creek Lake $5,204,250 39.0% Deep Creek Lake 18 32.7% 2. Boyd Pond $2,190,000 16.4% Lake Linganore 17 30.9% 3. Wye Mills Community Lake $2,100,000 15.7% Lake Lariat 5 9.1% 4. Lake Linganore $1,669,400 12.5% Boyd Pond 2 3.6% 5. Lake Ogleton $699,000 5.2% Fresh Pond 2 3.6%

1. Deep Creek Lake $651,400 2. Lake Linganore $571,261

1. Lake Linganore*** $352,939 ** 2. Deep Creek Lake $205,800

Where Are The Million-Dollar Listings? 2020Q4

01234567 # of million $ Listings

A b c

21561 20657 21403 21774 21550 21541 21541 21550 21774 21403 20657 21561

0K 100K 200K 300K 400K 500K 600K 700K 800K900K 0K 100K 200K 300K 400K 500K 600K 700K 800K900K Average Average

Age

0% 5% 10% 15% 20% 25%

MASSACHUSETTS

Price Breakdown by Number of Homes in the Massachusetts Market 2020Q4

$0 To $250K 84

$250K To $500K 354

$2M or more $1M to $2M 94 141

$500K To $750K $750K To $1M 200 104

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Massachusetts' Largest Land Markets value has increased by over $12 million (25.84%) from fall 2020.

Lake Michigan has increased its percentage of market share to 42.8% from fall 2020's 38.7%.

Michigan's 10 most expensive lakes have average prices of over $1 million.

Minnesota's Largest Markets value shows a slight decrease of over $83 million (4.50%) from fall 2020.

While Lake Minnetonka ranks 1st in Largest Markets value, it ranks th 4 in Largest Land Markets value.

1. Other Northern Metro Area Lakes 181 4.4% 6. Lake Minnetonka 111 2.7% 2. Other Annandale Area Lakes 121 3.0% 7. Other Greater Brainerd Area Lakes 82 2.0% 2. Other Greater St Cloud Area Lakes 121 3.0% 8. Leech Lake - Cass Lake 80 2.0% 4. Lake Superior 115 2.8% 9. Other Grand Rapids Area Lakes 72 1.8% 4. Lake Vermilion 115 2.8% 10. Other Longville Area Lakes 69 1.7%

1. Other Northern Metro Area Lakes 147 7.2% 1. Other Greater St Cloud Area Lakes 72 3.5% 2. Lake Minnetonka 99 4.8% 2. Lake Vermilion 65 3.2% 3. Lake Superior 89 4.3% 3. Other Annandale Area Lakes 62 3.0% 4. Other Annandale Area Lakes 59 2.9% 4. Other Greater Brainerd Area Lakes 58 2.9% 5. Lake Vermilion 50 2.4% 5. Other Otter Tail County Area Lakes 47 2.3% 6. Other Prior Lake Area Lakes 48 2.3% 6. Other Detroit Lakes Area Lakes 45 2.2% 7. Other Greater St Cloud Area Lakes 47 2.3% 6. Other Virginia Area Lakes 45 2.2% 8. Leech Lake - Cass Lake 38 1.9% 8. Leech Lake - Cass Lake 42 2.1% 8. Mille Lacs Lake - South Harbor Twp 38 1.9% 8. Other Grand Rapids Area Lakes 42 2.1% 10. Other Park Rapids Area Lakes 37 1.8% 10. Other Longville Area Lakes 37 1.8%

1. Nest Lake ***- New London Twp $2,509,259 1. Other Northern** Metro Area Lakes $39,492 2. Lake Minnetonka $800,775 2. Lake Vermilion $20,274 3. Gull Lake - Nisswa $512,771 3. Other Forest Lake Area Lakes $15,417 4. Lake Jessie - Alexandria Twp $474,244 4. Other Annandale Area Lakes $14,845 5. Lower Whitefish Lake - Ideal Twp $223,645 5. Other Greater Brainerd Area Lakes $13,369 6. Mille Lacs Lake - South Harbor Twp $188,109 6. Lake Superior $11,283 7. Devils Lake - Brandon Twp $169,414 7. Other Cambridge Area Lakes $10,899 8. Other Northern Metro Area Lakes $147,057 8. Other Greater St Cloud Area Lakes $9,129 9. Lake Sarah - Lake Sarah Twp $142,911 9. Other Lake Pepin Area Lakes $7,164 10. Pokegama Lake - Grand Rapids $138,437 10. Other Detroit Lakes Area Lakes $6,309

1. Pauley Lake*** - Birchdale Twp $11,806 1. Other Duluth** Area Lakes $1,102 2. Other Otter Tail County Area Lakes $19,488 2. Other Virginia Area Lakes $1,454 3. Other Virginia Area Lakes $22,725 3. Other Lake Vermilion Area Lakes $1,521 4. Other Grand Rapids Area Lakes $22,725 4. Other Sturgeon Lake Area Lakes $1,610 5. Other Cambridge Area Lakes $23,115 5. Other Longville Area Lakes $1,905 6. Other Forest Lake Area Lakes $27,647 6. Other Marshall Area Lakes $2,160 7. Other Aitkin Area Lakes $29,808 7. Other Aitkin Area Lakes $2,662 8. Lake Shetek - Lake Sarah Twp $30,911 8. Other Grand Rapids Area Lakes $3,436 9. Wynne Lake - Aurora $32,807 9. Other Otter Tail County Area Lakes $5,276 10. Rohrbeck Lake - Forest Prairie Twp $39,250 10. Other Ely Area Lakes $5,765

Price Breakdown by Percentage of Homes in the Minnesota Market 2020Q4

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Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

MISSISSIPPI

Price Breakdown by Number of Homes in the Mississippi Market 2020Q4

$250K To $500K 79

$0 To $250K 47

$500K To $750K 20 $2M or more $1M to $2M 2 10

$750K To $1M 12

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

In its debut in the Lake Real Estate Market Report, Mississippi has an initial market value of over $96 million.

1. Ross R Barnett Reservoir $54,204,394 56.2% 1. Ross R Barnett Reservoir 168 62.9% 2. Deer Haven Lake $7,740,000 10.0% 2. Stribling Lake 13 4.9% 3. Twin Lakes $6,980,000 7.2% 3. Lake Dockery 10 3.7% 4. Stribling Lake $5,431,915 5.6% 4. Lake Hico 8 3.0% 5. Livingston Lake $4,600,999 5.9% 4. Queens Hill Lake 8 8.2%

1. Ross R Barnett Reservoir $44,527,134 57.5% 1. Ross R Barnett Reservoir 112 65.9% 2. Deer Haven Lake $7,740,000 10.0% 2. Stribling Lake 9 5.3% 3. Twin Lakes $6,656,000 8.6% 3. Livingston Lake 6 3.5% 4. Stribling Lake $4,686,915 6.1% 3. Twin Lakes 6 3.5% 5. Livingston Lake $4,600,999 5.9% 5. Reigelea Lake 5 2.9%

1. Ross R Barnett Reservoir $9,677,260 50.7% Ross R Barnett Reservoir 56 57.7% 2. Lake Cavalier $3,279,000 17.2% Lake Dockery 8 8.2% 3. Lake Castle $1,875,217 9.8% Queens Hill Lake 8 8.2% 4. Lake Bolivar $899,000 4.7% Lake Hico 5 5.2% 5. Stribling Lake $745,000 3.9% Stribling Lake 4 4.1%

1. Ross R Barnett Reservoir $397,564

1. Ross R ***Barnett Reservoir $265,983 **

** No lake meets the criteria of 5 listings of 10 or more acres to be included in this section.

Price Breakdown by Percentage of Homes in the Mississippi Market 2020Q4

100%

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10%

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Where Are The Million-Dollar Listings? 2020Q4

0 1 2 3 4 5 # of million $ Listings

A b c

39211 39272 39110 39047 39157 39157 39047 39110 39272 39211

0K 200K 400K 600K 800K 1000K 1200K 0K 200K 400K 600K 800K 1000K 1200K Average Average

MISSOURI

Price Breakdown by Number of Homes in the Missouri Market 2020Q4

$250K To $500K 515

$0 To $250K 703

$2M or more $1M to $2M 29 58

$500K To $750K 191

$750K To $1M 91

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Missouri's Largest Markets value has decreased by $88 million (-8.29%) from fall 2020.

Price Breakdown by Percentage of Homes in the Missouri Market 2020Q4

100%

90%

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40%

30%

20%

10%

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

** No lake meets the criteria of 5 listings of 10 or more acres to be included in this section. *** No lake meets the criteria of 10 listings of less than 10 acres to be included in this section.

NEBRASKA

Price Breakdown by Number of Homes in the Nebraska Market 2020Q4

$250K To $500K 87

$0 To $250K 81

$2M or more $1M to $2M 3 9

$500K To $750K 15

$750K To $1M 7

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Nebraska's Largest Land Markets has increased in value by over $2 million (21.14%) from fall 2020.

** No lake meets the criteria of 5 listings of 10 or more acres to be included in this section. *** No lake meets the criteria of 10 listings of less than 10 acres to be included in this section. www.LakeHomes.com Copyright © 2020 Lake Homes Realty, LLC 118 Lake Real Estate Market Report – Winter 2020

Price Breakdown by Percentage of Homes in the Nebraska Market 2020Q4

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40%

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10%

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

NEW HAMPSHIRE

Price Breakdown by Number of Homes in the New Hampshire Market 2020Q4

$0 To $250K 225

$250K To $500K 338

$2M or more $1M to $2M 34 89

$500K To $750K 104

$750K To $1M 64

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

New Hampshire's Largest Land Markets value has increased by over $6 million (8.58%) from summer 2020.

1. Lake Winnipesaukee $245,975,912 34.3% 6. Newfound Lake $18,297,589 2.9% 2. North Mill Pond $59,099,700 8.2% 7. Lake Winnisquam $18,136,636 2.5% 3. Sunapee Lake $37,946,300 5.3% 8. Sunset Lake - Greenfield $12,500,000 15.7% 4. Squam Lake $28,745,600 4.0% 9. Ossipee Lake $9,968,100 1.6% 5. South Mill Pond $23,927,900 3.8% 10. Little River Swamp $8,498,900 1.3%

1. Lake Winnipesaukee $188,307,445 34.2% 1. Lake Winnipesaukee $31,561,131 36.6% 2. North Mill Pond $55,385,700 10.1% 2. Sunapee Lake $6,620,400 7.7% 3. Sunapee Lake $27,131,900 4.9% 3. Squam Lake $5,942,800 6.9% 4. South Mill Pond $21,432,900 3.9% 4. Goose Pond $3,860,900 4.5% 5. Squam Lake $18,608,900 3.4% 5. Kingswood Lake $2,915,000 3.4% 6. Newfound Lake $15,478,500 2.8% 6. Newfound Lake $2,819,089 3.3% 7. Lake Winnisquam $14,663,800 2.7% 7. Conway Lake $1,857,900 2.2% 8. Ossipee Lake $9,387,600 1.7% 8. Lake Winnisquam $1,283,937 1.5% 9. Little River Swamp $7,298,900 1.3% 9. Wilson Pond $1,250,000 1.4% 10. Cobbetts Pond $6,884,800 1.3% 10. Little River Swamp $1,200,000 1.4%

While North Mill Pond ranks 2nd in Largest Home Markets, it does not appear in Largest Land Markets.

1. Lake Winnipesaukee 305 22.7% 6. Lake Winnisquam 36 2.7% 2. North Mill Pond 68 5.1% 7. Opechee Bay Reservoir 30 3.2% 3. Squam Lake 48 3.6% 8. Eastman Pond 29 2.3% 4. Newfound Lake 39 3.1% 9. Locke Lake 28 2.1% 4. Sunapee Lake 39 2.9% 10. Mascoma Lake 22 1.6%

1. Lake Winnipesaukee 194 22.7% 1. Lake Winnipesaukee 86 21.1% 2. North Mill Pond 61 7.1% 2. Squam Lake 30 7.4% 3. Lake Winnisquam 26 3.0% 3. Newfound Lake 18 4.4% 3. Opechee Bay Reservoir 26 3.0% 4. Eastman Pond 11 2.7% 3. Sunapee Lake 26 3.0% 4. Goose Pond 11 2.7% 6. Newfound Lake 21 2.5% 4. Locke Lake 11 2.7% 7. South Mill Pond 19 2.2% 4. Sunapee Lake 11 2.7% 8. Eastman Pond 18 2.1% 8. Lower Mountain Lake 10 2.5% 8. Mascoma Lake 18 2.1% 8. Silver Lake - Belmont 10 2.5% 10. Locke Lake 16 1.9% 10. Belleau Lake 9 2.2%

1. Lake Winnipesaukee*** $149,567 1. Goose Pond** $39,622 2. Locke Lake $86,467 3. Squam Lake $37,809

1. Lower Mountain*** Lake $24,040 1. Squam Lake** $7,088 2. Eastman Pond $25,003 2. Lake Winnipesaukee $32,324 3. Newfound Lake $34,773

Price Breakdown by Percentage of Homes in the New Hampshire Market 2020Q4

100%

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30%

20%

10%

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Age

0% 5% 10% 15% 20% 25% 30%

NEW YORK

Price Breakdown by Number of Homes in the New York Market 2020Q4

$0 To $250K 502

$250K To $500K 564

$2M or more $1M to $2M 59 81

$500K To $750K 212

$750K To $1M 117

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Lake Champlain has increased its percentage of market share to 18.6% from fall 2020's 16.8%.

New York's Largest Markets value has decreased in value by over $265 million (-17.60%) from fall 2020.

1. Lake Champlain* 447 17.2% 6. Keuka Lake 98 3.8% 2. Lake Ontario 277 10.7% 7. Seneca Lake 94 3.6% 3. Lake George 182 7.1% 8. Cayuga Lake 86 3.3% 4. Canandaigua Lake 141 5.5% 9. Great Sacandaga Lake 83 3.2% 5. Oneida Lake 132 5.1% 10. Saratoga Lake 80 3.1%

1. Lake Champlain* 281 15.9% 1. Lake Champlain* 148 18.1% 2. Lake Ontario 176 10.0% 2. Lake Ontario 101 12.4% 3. Canandaigua Lake 119 6.7% 3. Lake George 73 8.9% 4. Lake George 109 6.2% 4. Oneida Lake 49 6.0% 5. Oneida Lake 83 4.7% 5. Cayuga Lake 33 4.0% 6. Saratoga Lake 70 4.0% 6. Keuka Lake 32 3.9% 7. Keuka Lake 66 3.7% 7. Great Sacandaga Lake 30 3.7% 8. Seneca Lake 65 3.7% 8. Seneca Lake 29 3.6% 9. Chautauqua Lake 58 3.3% 9. Canandaigua Lake 22 2.7% 10. Cayuga Lake 53 3.0% 10. Loon Lake - Chestertown 17 2.1%

1. Skaneateles*** Lake $447,885 1. Canandaigua** Lake $10,924 2. Canandaigua Lake $173,649 2. Keuka Lake $7,294 3. Lake George $103,607 3. Oneida Lake $4,084 4. Lake Champlain $93,069 5. Owasco Lake $71,522 6. Oneida Lake $64,706 7. Cayuga Lake $58,812

1. Great Sacandaga*** Lake $28,945 1. Great Sacandaga** Lake $2,969 2. Loon Lake - Chestertown $37,136 2. Lake Champlain $3,482 3. Seneca Lake $37,831 3. Lake George $3,507 4. Schroon Lake $39,466 5. Lake Ontario - Rochester Area $40,625 6. Lake Ontario - Watertown Area $41,021 7. Keuka Lake $43,953

Price Breakdown by Percentage of Homes in the New York Market 2020Q4

100%

90%

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60%

50%

40%

30%

20%

10%

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Age

0% 5% 10% 15% 20% 25% 30%

NORTH CAROLINA

Price Breakdown by Number of Homes in the North Carolina Market 2020Q4

$250K To $500K 1,699

$0 To $250K 635

$2M or more $1M to $2M 88 257

$500K To $750K 648

$750K To $1M 349

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

North Carolina's Largest Home Markets value has increased by almost $7 million (0.3%) from fall 2020.

While Lake Norman is ranked first in the Largest Markets list, it does not appear in the Most Expensive Homes list.

1. Lake Norman 1,693 21.2% 6. High Rock Lake 286 3.6% 2. Lake Wylie* 1,298 16.3% 7. Chatuge Lake* 226 2.8% 3. Lake Gaston* 576 7.2% 8. Lake James 223 2.8% 4. Jordan Lake 566 7.1% 9. Lake Rhodhiss 219 2.7% 5. Lake Hickory 558 7.0% 10. Badin Lake 204 2.6%

1. Lake Norman 1,123 26.1% 1. Lake Norman 570 15.5% 2. Lake Wylie* 1,014 23.6% 2. Lake Gaston* 405 11.0% 3. Jordan Lake 400 9.3% 3. Lake Hickory 312 8.5% 4. Lake Hickory 246 5.7% 4. Lake Wylie* 284 7.7% 5. Lake Gaston* 171 4.0% 5. High Rock Lake 222 6.0% 6. Lake Jeanette 110 2.6% 6. Lake James 199 5.4% 7. Mountain Island Lake 101 2.3% 7. Lake Rhodhiss 195 5.3% 8. Badin Lake 81 1.9% 8. Jordan Lake 166 4.5% 9. Chatuge Lake* 80 1.9% 9. Chatuge Lake* 136 3.7% 10. Lake Tillery 69 1.6% 10. Badin Lake 123 3.4%

1. Enka Lake*** $349,817 1. Lake Wylie ** $77,047 2. Lake Norman $198,839 2. Falls Lake $53,211 3. Lake Toxaway $196,014 3. Lake Norman $49,468 4. Bear Creek Lake $136,519 4. Jordan Lake $24,452 5. Jordan Lake $119,894 5. Lake Toxaway $23,640 6. Lake Wylie $116,144 6. Lake Gaston $19,361 7. Mountain Island Lake $115,495 7. Fontana Lake $16,338 8. Badin Lake $114,110 8. Lake Adger $15,674 9. Lake Tillery $92,500 10. Lake Junaluska $91,009

1. Blewett Falls*** Lake $10,002 1. Lake Royale** $3,625 2. Lake Teresa $17,374 2. Lake Michie $5,154 3. Lake Lookout $28,272 3. Tuckertown Lake $6,180 4. Lake Adger $28,845 4. Lake Rhodhiss $6,264 5. Lake Mayo $30,326 5. High Rock Lake $9,047 6. Hickory Nut Lower Lake $30,366 6. Lake James $11,394 7. Lake Townsend $32,037 7. Lake Hickory $13,463 8. High Rock Lake $34,170 8. Lake Tillery $14,140 9. W Kerr Scott Reservoir $34,242 10. Bald Mountain Lake $35,116

Price Breakdown by Percentage of Homes in the North Carolina Market 2020Q4

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10%

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Age

0% 5% 10% 15% 20% 25% 30%

OKLAHOMA

Price Breakdown by Number of Homes in the Oklahoma Market 2020Q4

$250K To $500K 235

$0 To $250K 408 $2M or $1M to $2M $500K To $750K more 21 65

$750K To $1M 39

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Grand Lake continues to offer homes priced at all levels, including 66% of Oklahoma's million-dollar homes.

While Lake Eufaula ranks 3rd in the Largest Land Markets list, it ranks st 1 in the Most Land Available list.

1. Lake Eufaula 502 23.9% 6. Tenkiller Lake 131 6.2% 2. Lake Texoma* 418 19.9% 7. Lake Hudson 99 4.7% 3. Grand Lake 351 16.7% 8. Fort Gibson Lake 81 3.9% 4. Skiatook Lake 163 7.8% 9. Oologah Lake 75 3.6% 5. Keystone Lake 152 7.2% 10. Lake Claremore 54 2.6%

1. Grand Lake 177 20.8% 1. Lake Eufaula 313 26.6% 2. Lake Eufaula 175 20.6% 2. Lake Texoma* 278 23.6% 3. Lake Texoma* 124 14.6% 3. Grand Lake 168 14.3% 4. Keystone Lake 69 8.1% 4. Skiatook Lake 98 8.3% 5. Skiatook Lake 62 7.3% 5. Tenkiller Lake 86 7.3% 6. Fort Gibson Lake 49 5.8% 6. Keystone Lake 78 6.6% 7. Lake Hudson 47 5.5% 7. Lake Hudson 45 3.8% 8. Oologah Lake 44 5.2% 8. Oologah Lake 29 2.5% 9. Tenkiller Lake 43 5.1% 9. Copan Lake 27 2.3% 10. Lake Claremore 36 4.2% 10. Fort Gibson Lake 23 2.0%

1. Grand Lake*** $110,736 1. Grand Lake** $9,219 2. Lake Eufaula $78,365 2. Lake Claremore $9,181 3. Lake Texoma $68,623 3. Skiatook Lake $7,913 4. Skiatook Lake $53,919 4. Fort Gibson Lake $7,891 5. Lake Hudson $41,432 5. Lake Texoma $6,688

1. Oologah Lake*** $23,930 1. Tenkiller Lake** $2,649 2. Tenkiller Lake $24,345 2. Lake Eufaula $2,894 3. Copan Lake $28,195 3. Oologah Lake $3,433 4. Keystone Lake $30,017 4. Copan Lake $3,966 5. Fort Gibson Lake $32,195 5. Lake Hudson $4,190 6. Keystone Lake $4,371

Price Breakdown by Percentage of Homes in the Oklahoma Market 2020Q4

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Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Age

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PENNSYLVANIA

Price Breakdown by Number of Homes in the Pennsylvania Market 2020Q4

$250K To $500K 233

$500K To $750K 62 $1M to $2M 23

$0 To $250K $750K To $1M 460 23

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Lake Wallenpaupack has increased its percentage of market share to 22.0% from 20.6% in the fall 2020

report.

Lake Wallenpaupack has 38% of Pennsylvania's million-dollar homes.

* This includes lake real estate inventory from more than one state.

1. Lake Wallenpaupack 208 12.9% 6. Westcolang Lake 50 3.1% 2. Towamensing Trails 122 7.6% 7. Pocono Country Place 48 3.0% 3. Lake Erie 100 6.2% 8. Big Bass Lake 45 2.8% 4. Roamingwood Lake 76 4.7% 9. Edinboro Lake 42 2.6% 5. Indian Mountain Lakes 60 3.7% 10. Fawn Lake 41 2.5%

1. Lake Wallenpaupack 128 15.7% 1. Towamensing Trails 109 13.6% 2. Lake Erie 78 9.6% 2. Lake Wallenpaupack 80 10.0% 3. Roamingwood Lake 60 7.4% 3. Big Bass Lake 36 4.5% 4. Pocono Country Place 41 5.0% 4. Indian Mountain Lakes 34 4.2% 5. Westcolang Lake 35 4.3% 5. Edinboro Lake 31 3.9% 6. Delaware River* 30 3.7% 6. Greenwood Acres 28 3.5% 7. Indian Mountain Lakes 26 3.2% 6. Woodledge Lake 28 3.5% 8. Pymatuning Lake 24 2.9% 8. Arrowhead Lakes 26 3.2% 9. Lake Naomi 20 2.5% 8. Fawn Lake 26 3.2% 10. Conneaut Lake 16 2.0% 10. Crystal Lake 22 2.7%

1. Lake Erie *** $93,587 ** 2. Greenwood Acres $89,448 3. Edinboro Lake $71,367 4. Lake Harmony - Split Rock $61,605 5. Arrowhead Lakes $59,886 6. Locust Lake $46,806 7. Lake Wallenpaupack $43,205 8. Brier Crest Woods $32,657 9. Westcolang Lake $31,250 10. Stillwater Lake $29,092

1. Tink Wig Lake*** $9,778 1. Edinboro Lake** $19,531 2. Conashaugh Lake $13,890 3. Holiday Pocono $16,933 4. Fawn Lake $18,071 5. Indian Mountain Lakes $18,365 6. Roamingwood Lake $19,521 7. Emerald Lakes $20,241 8. Crystal Lake $20,256 9. Lake Watawga $22,541 10. Woodledge Lake $22,664

** No lake meets the criteria of 5 listings of 10 or more acres to be included in this section.

Price Breakdown by Percentage of Homes in the Pennsylvania Market 2020Q4

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Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Age

0% 5% 10% 15% 20% 25% 30%

SOUTH CAROLINA

Price Breakdown by Number of Homes in the South Carolina Market 2020Q4

$250K To $500K 852

$0 To $250K 384

$2M or more $1M to $2M 23 74 $500K To $750K 221

$750K To $1M 101

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Lake Wylie has increased its percentage of market share to 34.2% from 27.2% in the fall 2020 report.

Lake Keowee retains the top spot in the Largest Land Markets list by over $53 million.

* This includes lake real estate inventory from more than one state.

1. Lake Wylie* 1,298 24.6% 6. Lake Marion 357 6.7% 2. Lake Hartwell* 887 16.7% 7. Lake Greenwood 259 4.9% 3. Lake Keowee 788 14.9% 8. Lake Wateree 123 2.3% 4. Thurmond Lake* 574 10.9% 9. Lake Carolina 85 1.6% 5. Lake Murray 444 8.4% 10. Lake Moultrie 74 1.4%

1. Lake Wylie* 1,014 43.5% 1. Lake Keowee 629 21.3% 2. Lake Hartwell* 277 11.9% 2. Lake Hartwell* 604 20.4% 3. Lake Murray 264 11.3% 3. Thurmond Lake* 499 16.9% 4. Lake Keowee 159 6.8% 4. Lake Wylie* 284 9.6% 5. Lake Marion 142 6.1% 5. Lake Marion 208 7.0% 6. Thurmond Lake* 75 3.2% 6. Lake Greenwood 187 6.3% 7. Lake Greenwood 71 3.0% 7. Lake Murray 180 6.1% 8. Lake Robinson 56 2.4% 8. Lake Wateree 82 2.8% 9. Lake Carolina 53 2.3% 9. Lake Moultrie 37 1.3% 10. Lake Wateree 41 1.8% 9. Richard B. Russell Lake* 37 1.3%

1. Lake Murray*** $197,712 1. Lake Keowee** $58,439 2. Lake Carolina $190,222 2. Lake Hartwell $30,050 3. Lake Keowee $122,522 3. Lake Wylie $24,270 4. Lake Wylie $118,069 5. Lake Becky $83,920 6. Lake Hartwell $70,887 7. Fishing Creek Lake $70,486 8. Lake Greenwood $69,585

1. Saluda Lake*** $33,012 1. Lake Greenwood** $5,178 2. Lake Monticello $41,529 2. Lake Wateree $8,132 3. Thurmond Lake $43,844 3. Lake Marion $17,066 4. Lake Marion $44,924 4. Lake Murray $21,231 5. Lake Wateree $47,263 6. Lake Rabon $48,263 7. Lake Secession $50,131 8. Lake Moultrie $55,244

* This includes lake real estate inventory from more than one state.

Price Breakdown by Percentage of Homes in the South Carolina Market 2020Q4

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Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Age

0% 5% 10% 15% 20% 25% 30%

TENNESSEE

Price Breakdown by Number of Homes in the Tennessee Market 2020Q4

$250K To $500K 1,092

$0 To $250K 724

$2M or more $1M to $2M 42 126

$500K To $750K 306

$750K To $1M 134

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Old Hickory Lake has increased its percentage of market share to 18.0% from 14.6% in the fall 2020 report.

Old Hickory Lake is ranked 1st in the Largest Markets list but ranks 4th in the Largest Land Markets list.

* This includes lake real estate inventory from more than one state.

1. Old Hickory Lake 739 10.8% 6. Kentucky Lake* 319 4.7% 2. Watts Bar Lake 698 10.3% 7. Lake Barkley* 315 4.6% 3. Tellico Lake 551 8.1% 8. Boone Lake 287 4.2% 4. Norris Lake 462 6.8% 9. Cherokee Lake 286 4.2% 5. Fort Loudoun Lake 359 5.3% 10. J. Percy Priest Lake 278 4.1%

1. Old Hickory Lake 553 21.5% 1. Watts Bar Lake 587 13.9% 2. J. Percy Priest Lake 265 10.3% 2. Tellico Lake 429 10.2% 3. Fort Loudoun Lake 209 8.1% 3. Norris Lake 369 8.7% 4. Nickajack Lake 172 6.7% 4. Cherokee Lake 235 5.6% 5. Boone Lake 152 5.9% 5. Lake Barkley* 224 5.3% 6. Tellico Lake 122 4.7% 6. Center Hill Lake 222 5.3% 7. Watts Bar Lake 111 4.3% 7. Kentucky Lake* 218 5.2% 8. Kentucky Lake* 95 3.7% 8. Douglas Lake 209 4.9% 9. Norris Lake 93 3.6% 9. Chickamauga Lake 189 4.5% 10. Tims Ford Lake 92 3.6% 10. Old Hickory Lake 174 4.1%

1. Nickajack ***Lake $231,380 1. Fort Loudoun** Lake $47,455 2. Tellico Lake $156,083 2. Old Hickory Lake $27,940 3. J. Percy Priest Lake $153,851 3. Douglas Lake $20,039 4. Fort Loudoun Lake $153,449 4. Cherokee Lake $18,979 5. Old Hickory Lake $148,282 5. Chickamauga Lake $13,109 6. Big Oak Lake $89,849 6. Tims Ford Lake $11,869 7. Boone Lake $84,448 7. Boone Lake $11,382 8. Melton Hill Lake $62,220 8. Norris Lake $10,354 9. Cherokee Lake $58,180 10. Chickamauga Lake $57,180

1. Cordell Hull*** Lake $12,097 1. Lake Barkley** $2,261 2. Dale Hollow Lake $20,116 2. Cordell Hull Lake $2,530 3. Lake Barkley $20,552 3. Kentucky Lake $4,188 4. Great Falls Lake $23,576 4. Dale Hollow Lake $7,040 5. Normandy Lake $25,644 5. Center Hill Lake $7,101 6. Saint George Lake $27,022 6. Watts Bar Lake $7,568 7. Kentucky Lake $32,037 7. Tellico Lake $7,645 8. Lake Tansi $34,963 8. Watauga Lake $8,798 9. Center Hill Lake $35,717 10. Watauga Lake $36,683

* This includes lake real estate inventory from more than one state.

Price Breakdown by Percentage of Homes in the Tennessee Market 2020Q4

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Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Age

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TEXAS

Price Breakdown by Number of Homes in the Texas Market 2020Q4

$0 To $250K 804

$250K To $500K 1,064

$2M or more $1M to $2M 204 333

$500K To $750K 499 $750K To $1M 279

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Texas' Largest Markets value has decreased by $213 million (-6.14%) from summer 2020.

1. Lake Travis $475,980,093 14.9% 6. Lake Conroe $155,039,962 4.8% 2. Lake LBJ $318,882,356 9.8% 7. Possum Kingdom Lake $145,499,167 4.5% 3. Lake Austin $270,596,752 8.4% 8. Lake Ray Hubbard $121,062,021 3.7% 4. Lady Bird Lake $242,521,932 7.6% 9. Lake Texoma* $86,545,471 2.6% 5. Cedar Creek Lake $155,217,578 4.8% 10. Lake Livingston $82,242,286 2.6%

1. Lake Travis $391,871,860 16.0% 1. Lake LBJ $87,686,895 11.6% 2. Lake Austin $244,782,852 10.0% 2. Lake Travis $84,108,233 11.1% 3. Lady Bird Lake $238,296,932 9.7% 3. Lake Conroe $55,786,148 7.4% 4. Lake LBJ $227,445,461 9.3% 4. Cedar Creek Lake $35,638,090 4.7% 5. Cedar Creek Lake $113,977,890 4.7% 5. Lake Texoma* $35,623,682 4.7% 6. Possum Kingdom Lake $108,730,598 4.4% 6. Lake Ray Hubbard $30,934,977 4.1% 7. Lake Conroe $99,253,814 4.1% 7. Lake Austin $25,813,900 3.4% 8. Lake Ray Hubbard $87,241,527 3.6% 8. Possum Kingdom Lake $25,768,569 3.4% 9. Lake Livingston $57,766,869 2.4% 9. Lake Livingston $24,475,417 3.2% 10. Clear Lake $53,706,289 2.2% 10. Grapevine Lake $22,181,000 2.9%

While Lake Travis ranks 4th in the Most Expensive Homes list, it has the most million-dollar homes of any lake.

* This includes lake real estate inventory from more than one state.

1. Cedar Creek Lake 515 7.7% 6. Possum Kingdom Lake 274 4.1% 1. Lake LBJ 515 7.7% 7. Lake Livingston 262 3.9% 3. Lake Travis 452 6.8% 8. Lake Sam Rayburn 257 3.9% 4. Lake Texoma* 418 6.2% 9. Lake Whitney 252 3.8% 5. Lake Conroe 334 5.0% 10. Lady Bird Lake 228 3.4%

1. Lake Travis 256 7.9% 1. Lake LBJ 330 9.7% 2. Cedar Creek Lake 255 7.9% 2. Lake Texoma* 278 8.2% 3. Lady Bird Lake 225 6.9% 3. Cedar Creek Lake 244 7.2% 4. Lake LBJ 184 5.7% 4. Lake Whitney 200 5.9% 5. Lake Ray Hubbard 175 5.4% 5. Lake Travis 196 5.8% 6. Lake Conroe 155 4.8% 6. Possum Kingdom Lake 192 5.7% 7. Lake Livingston 132 4.1% 7. Lake Sam Rayburn 189 5.6% 8. Lake Austin 124 3.8% 8. Lake Conroe 179 5.3% 8. Lake Texoma* 124 3.8% 9. Canyon Lake 141 4.2% 10. Eagle Mountain Lake 89 2.7% 10. Lake Livingston 130 3.8%

1. Clear Lake*** $1,109,594 1. Lake Granbury** $60,918 2. Lake McQueeney $1,062,038 2. Canyon Lake $46,112 3. Lake Austin $790,880 3. Lake Livingston $36,206 4. Lake Ray Hubbard $544,441 4. Lake Texoma $31,054 5. Lake Conroe $429,497 5. Lake Travis $31,013 6. Lake LBJ $421,586 6. Lake Ray Roberts $28,593 7. Lewisville Lake $282,553 7. Lake Tawakoni $23,263 8. Lake Marble Falls $275,761 8. Cedar Creek Lake $23,137 9. Lake Houston $247,567 10. Lake Travis $202,413

1. Hilltop Lakes*** $27,505 1. Birdie Lake ** $2,485 2. Safari Waters Ranch $40,539 2. Ellison Creek Reservoir $2,823 3. Lake Amon G Carter $42,026 3. Toledo Bend Reservoir $5,981 4. Callender Lake $54,252 4. Richland Chambers Reservoir $7,870 5. Richland Chambers Reservoir $54,486 5. Lake Fork Reservoir $13,520 6. Lake Bob Sandlin $54,805 6. Lake Buchanan $15,738 7. Toledo Bend Reservoir $55,324 7. Lake Athens $16,871 8. Lake Sam Rayburn $57,673 8. Lake Palestine $17,517 9. Lake Fork Reservoir $58,199 10. Lake Tyler East $58,579

* This includes lake real estate inventory from more than one state.

Price Breakdown by Percentage of Homes in the Texas Market 2020Q4

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Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Age

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VERMONT

Price Breakdown by Number of Homes in the Vermont Market 2020Q4

$250K To $500K 154

$0 To $250K 120

$2M or more $1M to $2M 8 18 $500K To $750K 61

$750K To $1M 41

Range: $0 To $250K $250K To $500K $500K To $750K $750K To $1M $1M to $2M $2M or more

Vermont's Largest Land Markets list value has increased by over $6 million (12.89%) from fall 2020.

* This includes lake real estate inventory from more than one state. www.LakeHomes.com Copyright © 2020 Lake Homes Realty, LLC 170 Lake Real Estate Market Report – Winter 2020 4% 4% 8% 5% 4% 10% 13% 17% 17% 17% 17% 10% 15% 11% 16% 10% 38% 13% 8% 8% 15% 17% 17% 17% 12% 33% 9% 29% 50% 35% 32% 47% 14% 33% 100% 38% 51% 28% 10% 67% 67% 63% 38% 36% 33% 33% 33% 30% 27% 26% 15% Area Area Vermont Lake Carmi Lake Lake Lake Amherst Lake Seymour Lake Lake Sadawga Lake Lake Bomoseen Lake Lake St Catherine St Lake Lake Memphremagog Lake Arrowhead Mountain Lake Mountain Arrowhead Lake Champlain - Grand Isle Grand - Champlain Lake Lake Champlain - Burlington - Champlain Lake Lake Champlain - Champlain Area Addison Lake Lake Champlain - Swanton Area Swanton - Champlain Lake

Virginia's Largest Land Markets value has decreased by over $13 million (-4.95%) from fall 2020.

While ranking 1st in the Largest Markets list, Smith Mountain Lake also has 59% of Virginia’s million- dollar homes.

* This includes lake real estate inventory from more than one state.

www.LakeHomes.com Copyright © 2020 Lake Homes Realty, LLC 176 Lake Real Estate Market Report – Winter 2020 5% 4% 6% 7% 7% 9% 7% 14% 14% 9% 19% 7% 12% 9% 9% 15% 10% 14% 11% 17% 19% 22% 29% 64% 55% 19% 43% 55% 80% 83% 23% 25% 26% 31% 44% 43% 58% 34% 39% 43% 41% 36% 35% 32% 31% 1 3% 21% 19% 17% 14% 9% 6% Virginia Lake Lake Anna Fawn Lake Fawn Lake Gaston Lake Lake Claytor Lake Holiday Lake Lake Caroline Lake Lake Monticello Lake Lake of the Woods the of Lake South Holston Lake Holston South Occoquan Reservoir Occoquan Smith Mountain Lake Mountain Smith John H Kerr Reservoir Kerr H John

In its debut in the Lake Real Estate Market Report, Washington delivers a total market value of over $3.7 billion.

www.LakeHomes.com Copyright © 2020 Lake Homes Realty, LLC 182 Lake Real Estate Market Report – Winter 2020 3% 5% 6% 6% 6% 7% 6% 9% 7% 10% 12% 8% 31% 32% 17% 23% 24% 26% 21% 35% 18% 26% 13% 54% 17% 20% 82% 25% 24% 30% 90% 28% 23% 38% 21% 30% 24% 24% 11% 29% 38% 11% 30% 15% 39% 32% 37% 23% 28% 22% 12% 18% 17% 13% 8% 8% 6% 6% 5% 3% 2% King Pond King Lake Union Lake Lake Tapps Lake Moses Lake Moses Washington Lake Chelan Lake Puget Sound Puget Stickney Lake Stickney Lake Whatcom Lake Lake Washington Lake Lake Sammamish Lake Reservoir Lincoln Lake Washington Ship Canal Ship Washington Lake

While Geneva Lake is ranked 1st in the Largest Home Markets list, it is ranked 4th in the number of homes available.

www.LakeHomes.com Copyright © 2020 Lake Homes Realty, LLC 188 Lake Real Estate Market Report – Winter 2020 4% 5% 5% 5% 5% 5% 5% 9% 10% 6% 3% 13% 18% 11% 16% 8% 7% 27% 18% 10% 4% 32% 33% 7% 13% 4% 28% 16% 21% 45% 17% 10% 14% 14% 38% 9% 12% 30% 33% 19% 87% 36% 35% 22% 46% 62% 64% 61% 50% 22% 43% 0 3% 40% 22% 29% 21% 25% 16% 13% 7% 5% 4% Wisconsin Geneva Lake Geneva Delevan Lake Delevan Lake Superior Lake Lake Michigan Lake Boom Lake - Newbold - Lake Boom Green Lake - Markesan Lake Green Lake Monona - Monona - Monona Lake Lake Mendota - Madison Mendota Lake Lake Wissota - Lafayette - Wissota Lake Petenwell Lake - Lake Arkdale Petenwell Beaver Dam Lake - Westford - Lake Dam Beaver Lake Delton - Wisconsin Dells Wisconsin - Delton Lake

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