|Median Sale Price:||Average Sale Price:||Units Sold:||Newly Listed:||Days on Market:|
|$164,500 (-21.7%)||$243,041 (-4.2%)||16 (-36%)||33 (-43.1%)||275 (+56.3%)|
|* No Sales reported in the Multiple Listing Service (MLS)|
Homes sold in Grand Isle during the 1st quarter reflect a sharp decline over the same period in 2017.
However, the number sold is equal to the same period in 2016. In other words, the strong start for Grand Isle in 2017, with 25 sales, was unusual – and 16 closings in 2018 may not indicate a downward trend for the remainder of the year.
Historically, the spring and summer are stronger in this traditionally second home market.