The Leader of Adirondack Real Estate & Lake Placid Vacation Rentals
Located in the heart of the Adirondacks in Lake Placid, our expert real estate team at Merrill L. Thomas understands what makes this region special. We live, work, and play in the Adirondacks every day. We also have 75 years of experience helping buyers, sellers, and renters find their perfect Adirondack match. Put our unmatched knowledge of Adirondack and Lake Placid realty to work for you.
Enjoy the seasonal bustle of a small tourist town. Adventure is waiting everywhere you look. With so much to experience and discover, there's no better place to be. Whether you're looking for a forever home or a vacation oasis, Merrill L. Thomas will work with you to make your Adirondack dreams come true.
Find your home among the pines or on the waterfront. Merrill L. Thomas is your Adirondack Real Estate expert for purchasing year-round or seasonal property. We can also match you with your ideal Adirondack vacation destination from our extensive catalog of Lake Placid rentals.
Sell Your Home
The team of agents at Merrill L. Thomas, Inc. have represented thousands of sellers of Adirondack real estate over the past 30 years. Whether you are looking to sell your Lake Placid condo, residential home, Adirondack Great Camp or cabin, vacant property, or commercial business, our seasoned professionals can confidently guide you through a successful transaction from start to finish. Our agents work day in and day out to exceed the expectations of their clients. Their local knowledge, exclusive insight into the market, and superior integrity have made Merrill Thomas the leader in Adirondack and Lake Placid Real Estate.
View our 2020 Market Report here.Learn More on Selling Your Home
A Snap Shot of 2020
2020 was a year like no other! For the 1st quarter we had no business at all. By May 1st the COVID pandemic had fueled a panic escape from the cities to the mountains. Communities across the Park’s 6 million acres were a bustle with folks seeking refuge in a safer and quieter environment. As a result, sales transactions took off, people started buying properties sight unseen, relying solely on our virtual tours and quality videos. Our sales volume for the year ended up 59% totaling $175,000,000+ which smashed a record high of $122M in 2018. To date, our transaction volume is over $500M in just a short 3 year time period. The year ended with a diminishing inventory and strong consumer demand. Going forward we anticipate that the market will remain strong into 2023 as infastructure investments take shape around Lake Placid and the surrounding region specifically in the 1980 Olympic venues. Based on current projections locally and nationally, we expect values to rise between 7-10% in the following year. The lack of supply and consistent demand from metropolitan areas will be a key factor going forward for future values, and optimism is in the air for the 2023 World University Games in Lake Placid and the draw it will bring to our area.
Based in the Village of Lake Placid
To some, the Adirondacks mean deep woods surrounded by towering mountains. To others, it's all about spending time on the lake. Merrill L. Thomas, Inc. has played match-maker between the perfect place and people just like you for over 75 years. Whether you're in the market for land and acreage around Lake Placid, or ready to switch it up and live in a log home for a while, our team is ready to help you find your bliss.
Listing the Adirondacks
Based in the Village of Lake Placid, our dedicated experts travel the region to find the best real estate and rental locations the Adirondacks has to offer. Gaze up at Whiteface Mountain from a cabin in Wilmington, or discover the small town charm of Jay. The warm, inviting communities of Keene and Keene Valley will gladly welcome you for a weekend or a lifetime. Saranac Lake offers arts, dining, and entertainment with a unique local flare, and Tupper Lake provides endless opportunities to explore the outdoors. Not sure which town is right for you? No worries! The team at Merrill L. Thomas is here to guide you.