Only 22 properties sold last year [2010] in Mt. Gretna ranging from $109,900 for a small cottage in the Campmeeting section that needed TLC to $370,000 for a renovated cottage in Chautauqua.
In all Mt. Gretna, the average sold price was $242,000 with a middle sold price of $250,000.
Older cottages had an average sold price of $233,780 with a middle sold price of $225,000.
Newer houses had an average sold price of $271,480 with a middle sold price of $285,000.
LAST YEAR'S MARKET [SOLD 2010]
TYPE/SECTION
|
#
|
PRICE RANGE
|
MEAN
|
MEDIAN
|
|
ALL GRETNA[houses]
|
22
|
109,900-370,000
|
242,000
|
250,000
|
TYPE
|
|
|
|
|
|
Lots
|
0
|
-
|
-
|
-
|
|
Garages
|
0
|
-
|
-
|
-
|
|
Summer Cottages
|
2
|
109,900-250,000
|
179,950
|
179,950
|
|
Winterized Cottages
|
15
|
125,000-370,000
|
233,780
|
225,000
|
|
Newer Type Homes
|
5
|
212,500-290,000
|
271,480
|
285,000
|
|
|
|
|
|
|
SECTION
|
|
|
|
|
|
Chautauqua
|
6
|
195,000-370,000
|
282,333
|
277,500
|
|
Campmeeting
|
10
|
109,900-305,000
|
198,760
|
207,000
|
|
Heights
|
2
|
279,900-285,000
|
282,450
|
282,450
|
|
Stoverdale
|
1
|
212,500
|
212,500
|
212,500
|
|
Timber Hills
|
3
|
285,000-290,000
|
288,333
|
290,000
|
|
Timber Bridge
|
0
|
-
|
-
|
-
|
|
Conewago Hills
|
0
|
-
|
-
|
-
|