Lake Lanier Waterfont Homes For Sale...Could The Market Be Slowing? Are Prices Peaking?

Lake Lanier Homes For Sale...Could The Market Slowing?  Are prices peaking?

Here's a little data that we collected this morning from FMLS and our quick thoughts on what we found...

1. Only 236 Lake Lanier waterfront homes listed as "Active" and for sale.  That is not much inventory for a strong Spring market.
2. Average list price was an eye-popping $841,185 and the Median list price was $657,500.

This is clearly a case where we need more inventory of homes to sell, especially in the $400,000 to $500,000 price range where we often see second-home buying activity.  Generally, when we see limited inventory, we also see a climb in list prices.  But how far are the prices going to climb before we see sales start to slow and fall off?  If you have a Lake Lanier waterfront home that you are considering selling, these stats might be a sign for you to jump in and get your home on the market while competition is limited and prices are up.

Just a few thoughts this morning.  Enjoy your Sunday at the lake!

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 Berkshire Hathaway HomeServices Georgia Properties. He has 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 www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.