A recent lake real estate report from the country’s largest lake-focused brokerage show listing prices in Pennsylvania are up over summer 2022. “The new Lake Real Estate Market Report from Lake Homes Realty shows Pennsylvania’s total market at $564 million, up from $501 million in the summer of 2022,” said Liz McVeigh, a new agent with Lake Homes Realty, who focuses on Lake Wallenpaupack in Pennsylvania. Lake Homes Realty operates in 34 states across the country.
“The new quarterly lake real estate report from Lakehomes.com shows Lake Wallenpaupack to be the largest market in the state of Pennsylvania,” said McVeigh. “The specialized website just showcases properties that are lakefront, have a lake view or lake access so we can help clients from across the country search for dream lake properties.” As of June 28, 2023, Lake Wallenpaupack has 172 lake area properties listed, ranging from a $3,000 lot to a $4.99 million lake home. “Eight of the properties were listed for over $1 million,” said McVeigh.
According to the Lake Market Real Estate Report, the average home price for listings around Lake Wallenpaupack is $587,369. The average lot price is $44,591 for the 79 lake area lots currently listed.
“Lake Wallenpaupack is one of the largest lakes in Pennsylvania,” said McVeigh. “With 5,700 acres of pristine water and proximity to Scranton, Pennsylvania, Lake Wallenpaupack appeals to lake home searchers from across the country. Among the hundreds of people searching the lake homes and lots on Lake Wallenpaupack in May 2023, the top Metro area looking on LakeHomes.com was New York City, followed by Washington D.C. and Boston,” said McVeigh. “ The national reach offered by LakeHomes.com works really well with my local expertise along Lake Wallenpaupack and the surrounding area,” said McVeigh. One in 37 American adults look at LakeHomes.com each year.
“We believe our agents’ intimate knowledge about their lake real estate markets, nuances of the lakes themselves, and their involvement in local lake life is paramount to our continued growth,” said Glenn S. Phillips, CEO and Chief Economic Analyst for Lake Homes “Liz offers outstanding customer service in the Lake Wallenpaupack areas and is truly a specialist in that area,” he said.
About Liz McVeigh
Bringing over nine years of real estate expertise and boasting more than two decades of lake living experience, Liz McVeigh has truly mastered the art of navigating lakefront properties. Despite growing up in New York City, she has spent the last 17 years in Pennsylvania, with the past 12 years being in close proximity to the picturesque Lake Wallenpaupack. The combination of her lifestyle and extensive industrial background renders her a true expert at Lake Homes Realty.
Some of Liz’s most cherished memories are the moments spent on the water with her children. Whether it’s kayaking, paddle boarding, boating, or tubing, Liz and her family wholeheartedly embrace the fun and beauty of the water. Even when not on the water itself, they remain in its enchanting presence, exploring the scenic lake trails or savoring meals at local restaurants with waterfront views.
Liz’s genuine passion lies in assisting her clients in finding their perfect fit. “Whether it’s a vacation home or a full-time home, the joy a new home brings to my clients is the most fulfilling part of my job,” says Liz.