So the summary looks like this. Twenty seven Lake Lanier waterfront homes sold in April with the average number of bedrooms being three and the average number of full bathrooms being two. The average build date was 1980. The average original list price of all of the homes that sold was $396,865. The average sales price of all of the homes that sold was $364,602. These numbers represented a sales price to original list price ratio of 92.99%. Average total days on market was 124 days. The most expensive home sale for April was $670,000 for a three bedroom 2 1/2 bath home located at 7940 Robin Road. The least expensive home that sold in April was a two bedroom two bath home located at 37 Lakeview Point which sold for $139,500.
Comparative Market Analysis
Listing Reports For Sold Homes
These sales numbers represent an 80% increase in the number of homes that sold in April 2014 versus April 2013. With regard to sales price however, we have a different story. Our research shows that in 2013 the average sales price in April came in at $506,285. So the sales price numbers for April 2014 are far below the average number in 2013. We are starting to see this trend play out more frequently, as the number of homes selling is increasing but the average sales price is far less.
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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