The numbers are in for Lake Lanier home sales for all of 2016! Here is a brief recap of the home sales as reported in our annual comparative market analysis that we will provide via SlideShare later in this article.
Lake Lanier waterfront homes sold: 356
The highest home price sale was $1,800,000
The lowest home price sale was $54,000
The average home sold had four bedrooms, three bathrooms, and 1 half bathroom
The average build date was 1987
The average original list price was $573,067
The average list price after price adjustments was $554,005
The average original list price was $573,067
The average list price after price adjustments was $554,005
Average sales price was $526,042
Sales price vs original list price ratio came in at 94.69 %
Average total days on market was 142
Sales price vs original list price ratio came in at 94.69 %
Average total days on market was 142
Our annual market analysis is generated at the beginning of each year. It is designed to show you Lake Lanier home sales statistics. Each year, we search the First Multiple Listing Service for home sales (closings) based on the following criteria:
Area: All counties with frontage on Lake Lanier. Specifically Forsyth, Dawson, Lumpkin, Hall, and Gwinnett counties.
Status: Sold (Closed Transactions)
Lake Frontage: The home must be a waterfront property on Lake Lanier as described as lake frontage in the First Multiple Listing Service.
Property Category: Our analysis includes only residential detached homes as categorized in FMLS.
This market analysis is deemed to be accurate but is not warranted. It is meant to give a general idea and overview of the current housing market for waterfront homes on Lake Lanier.
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 678-513-2014 or email us at Arthur.Prescott@BHHSGeorgia.com.
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