Only 16 properties sold last year [2009] in Mt. Gretna ranging from $99,900 for a small cottage in the Campmeeting section that needed TLC to $345,000 for a renovated cottage in Chautauqua.
In all Mt. Gretna, the average sold price was $239,531 with a middle sold price of $249,000.
Older cottages had an average sold price of $224,158 with a middle sold price of $222,500.
Newer houses had an average sold price of $260,000 with a middle sold price of $260,000.
LAST YEAR'S MARKET [SOLD 2009]
TYPE/SECTION
|
#
|
PRICE RANGE
|
MEAN
|
MEDIAN
|
|
ALL GRETNA[houses]
|
16
|
95,000-450,000
|
271,872
|
266,000
|
TYPE
|
|
|
|
|
|
Lots
|
2
|
120,000-135,000
|
127,500
|
127,500
|
|
Garages
|
0
|
-
|
-
|
-
|
|
Summer Cottages
|
1
|
224,900
|
224,900
|
224,900
|
|
Winterized Cottages
|
7
|
99,900-345,000
|
224,158
|
222,500
|
|
Newer Type Homes
|
8
|
175,000-330,000
|
260,500
|
260,000
|
|
|
|
|
|
|
SECTION
|
|
|
|
|
|
Chautauqua
|
4
|
175,000-345,000
|
279,500
|
299,000
|
|
Campmeeting
|
5
|
99,900-300,706
|
200,601
|
222,500
|
|
Heights
|
1
|
238,000
|
238,000
|
238,000
|
|
Stoverdale
|
2
|
108,000-225,000
|
166,0500
|
166,500
|
|
Timber Hills
|
4
|
260,000-330,000
|
285,000
|
275,250
|
|
Timber Bridge
|
0
|
-
|
-
|
-
|
|
Conewago Hills
|
0
|
-
|
-
|
-
|