Thursday, September 12, 2013

Lake Lanier Home Sales For August 2013! We Take A Look At The Market Data And Trends!

Today in Lake Lanier real estate, we are looking at a comparative market analysis of Lake Lanier homes that sold in August 2013. As usual, our report looks at waterfront homes that sold in August that had a dock or dock permit in place. This report does not include modular homes or mobile homes.

So let's get to the numbers! According to the MLS system, 28 Lake Lanier homes sold in the month of August. On average, these homes had four bedrooms, three baths, and one half bath. The average original list price of the homes was $641,925. On average, these homes were reduced to an average list price of $562,489. The average sales price of these Lake Lanier waterfront homes that sold in August was $528,425.  Total days on market was 122.

So how do these numbers compare to July 2013?  According to the numbers that we track, these most recent results were substantially higher in price in August when compared to July and four more homes sold in August. These are not bad results, as the Lake season starts to cool down with kids back in school and off-lake activities ramping up.  We'll post further information on the results in our next report.


















Lake Sidney Lanier Homes is the most comprehensive online source for information on Lake Lanier homes for sale and Lake Lanier area real estate. View the latest Lake Lanier home listings, foreclosures, lots, land, sales trends and real estate topics on Lake Lanier. Arthur Prescott is an Accredited Buyer's Representative and Certified Residential Specialist with over a decade of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please feel free to contact us directly at 678-513-2014 or email us at APrescott@PrudentialGeorgia.com.
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