Lake Lanier Waterfront Home Sales For May 2024! Let's Check Sales Trends!
The numbers are in for Lake Lanier home sales for May 2024! Here is a brief recap of the home sales reported in our comparative market analysis, which we will provide via SlideShare later in this article.
Lake Lanier waterfront homes sold: 25
The highest home sale price was $2,363,500
The lowest home sale price was $265,000
The average home sold had four bedrooms, three bathrooms, and no half-bathrooms
The average original list price was $1,035,904
The average list price after price adjustments was $1,022,672
The average sales price was $998,036
The sales price versus list price ratio came in at 98%
The average total days on the market was 67
Our market analysis is generated each month. It is designed to show you Lake Lanier home sales statistics. Each month, 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 water frontage or lake frontage in the First Multiple Listing Service
Property Category: Our analysis includes only residential detached homes as categorized in FMLS.
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