Lake Lanier Home Sales Stats For First Quarter 2014! Mostly Good News!

With the first quarter of 2014 Lake Lanier home sales mostly in the books, we decided to take a look at how the market did.  Typically, I like to wait until about the middle of the month to report the stats, because there always seems to be some time lag in posting the previous month's sales.  Pulling these numbers on the fifth of the month might be a tad premature, but I just couldn't wait to take a look.  So, that said, here's what we have for Lake Lanier waterfront home sales (mobiles & modulars excluded) with a dock on the lake for the first quarter of 2014.

Comparative Market Analysis 1st Quarter 2014

Here's the important stuff:

Number Of Sales:  57
Average Sales Price:  $498,794
Average Total Days On Market:  177

Now, stay with me for a moment and let's get geeky.  Do you think 2014 was better than 2013 for the first quarter of Lake Lanier home sales?  We had the frigid cold weather, unusual amounts of snow, ice, Ukraine turmoil, a more volatile stock market, etc., etc.  Let's take a look!

Comparative Market Analysis 1st Quarter 2013

Here's the important stuff:

Number Of Sales:  35
Average Sales Price:  $539,578
Average Total Days On Market:  240

Wow!  I was surprised, how about you?

Here are the important take-aways for 2014 performance:

Number Of Sales:  Up 63%
Average Sales Price:  Down 7.5%
Average Total Days On Market:  Down 26%

So, there you have it!  More activity, quicker sales times, pricing slightly lower.  What are your thoughts about buying or selling Lake Lanier homes in today's market?  Got a question about the numbers, feel free to contact us for more information!

Finally, in closing out today's post, I would like to leave you with a few photos of these glorious cherry trees in my backyard at Lake Lanier.  Have a fabulous Spring weekend!

Cherry buds near full bloom!

This will look like a pink cotton candy tree next weekend!

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 Arthur.Prescott@BHHSGeorgia.com.

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