Cedar Creek Lake

Because Life is Better at the Lake

Cedar Creek Lake Waterfront Home Sales up 66%

by




There have been 68 waterfront homes sold at Cedar Creek Lake between January 1st and March 31st of this year. That’s an increase of 66% over any of the past 7 years – the best of which were 2013 and 2014 each with 41 sales during their 1st quarters.

 (see graph below)

This dramatic increase in 1st Quarter Waterfront Home Sales volume may be driven by the lower average waterfront home sales price of just over $305,000 – down almost $60,000 from 2015’s average of just over $364,000 – however the average waterfront home sales price is not an indicator that waterfront home prices have dropped but rather that 63% of waterfront home buyers are buying lake homes at prices below $350,000.

 (see graph below)

What’s ahead for the Cedar Creek Lake real estate market in 2016? The increased sales volume of lower priced waterfront homes during the 1st Quarter may do two things: It may reduce the number of lower priced waterfront homes available to the point that prospective Buyers will need to move up in price; It may also encourage more prospective Sellers of waterfront homes priced below $350,000 to enter the market. Either way, it’s great time to purchase a Cedar Creek Lake home!

 

 



Johnson Monroe REALTORS
For detailed information, e-mail me at: sgregory@johnsonmonroe.com


Tell us what you think!

Harbor Light Villas on Cedar Creek Lake

Cedar Creek Lake Email Updates


 

Visit our Cedar Creek Lake Sponsors!

Cedar Creek Lake on Social Media

 
       

Cedar Creek Lake Current Weather Alerts

There are no active watches, warnings or advisories.

 

Cedar Creek Lake Weather Forecast

Saturday

Mostly Sunny

Hi: 85

Saturday Night

Mostly Clear

Lo: 67

Sunday

Partly Sunny

Hi: 86

Sunday Night

Chance Thunderstorms

Lo: 65

Monday

Chance Thunderstorms

Hi: 70

Monday Night

Mostly Clear

Lo: 54

Tuesday

Sunny

Hi: 74

Tuesday Night

Clear

Lo: 53


Cedar Creek Lake Water Level (last 30 days)


Water Level on 9/27: 321.87 (-0.13)



Cedar Creek Lake Fishing Report from TPWD (Sep. 23)

GOOD. Water lightly stained; 81 degrees; 0.06 low. Largemouth bass are good working topwater plugs and jerk baits very early on creek ledges and near boat docks. Shaky heads, black or purple plastic worms, and diving cranks fished in deeper water near boat docks, main lake drop-offs, and timber are productive later in the day. Hybrids and sand bass are being caught off main lake points and humps with slabs and live bait. Crappie are good with jigs and minnows in brush piles, deep water boat docks, and near submerged timber in 15-28’. Catfish are good in 12-25’.