Well, we finally had a chance to sit down and look at the the Lake Lanier sales numbers for December 2012 and they are pretty strong. Our research shows that there were 17 homes sold on Lake Lanier in the month of December. That is looking at "stick built homes" and does not include condos, townhouses, or mobile homes. All homes were located on waterfront lots and had a dock or dock permit in place. The average home was a four bedroom, three-and-a-half bath structure. The total days on market for these properties was 330 days which was a bit extended. Average sales price came in at a nice $501,590 which represented 84.81% of the average original list price. All of this data points to a Lake Lanier real estate market that is strengthening in demand and pricing. We believe that this will continue into the Spring if rates remain low and the lake level continues its recent rise. With Lake Lanier presently near 1062' water level, we just need some more beautiful weekends and some more rainy weeks and this market should be primed for take-off!
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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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