Lake Lanier Area Real Estate Market Update For February 2017 From The 400 North Board Of Realtors!

Lake Lanier Area Real Estate Market Update For February 2017 From The 400 North Board Of Realtors!  Highlights: (compared to February 2016)

Forsyth County
Infographic - https://magic.piktochart.com/output/21050321-400n_02_2076-market_report_forsyth

Total single-family home sales: 211 (21.9% decrease)

Median sales price: $324,000 (8.0% increase)

Average sales price: $347,000 (5.8% increase)

Total active listings: 1287 (13.2% increase)

New listings: 331 (12.2% decrease)

Month’s Supply: 3.3 (3.2% increase)


Dawson County
Infographic - https://magic.piktochart.com/output/21052048-400n_02_2017-market_report_dawson

Total single-family home sales: 27 (6.9% decrease)

Median sales price: $270,000 (26.8% increase)

Average sales price: $320,000 (26.5% increase)

Total active listings: 270 (7.6% increase)

New listings: 37 (30.2% decrease)

Month’s Supply: 6.4 (2.1% increase)


Lumpkin County
Infographic - https://magic.piktochart.com/output/21050824-400n_02_2017-market_report_lumpkin

Total single-family home sales: 19 (0.1% increase)

Median sales price: $157,000 (1.3% decrease)

Average sales price: $159,000 (5.4% decrease)

Total active listings: 170 (5.6% increase)

New listings: 29 (23.7% decrease)

Month’s Supply: 5.7 (5.8% decrease)

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.

Lake Lanier Area Real Estate Market Update For January 2017 From The 400 North Board Of Realtors!

Lake Lanier Area Real Estate Market Update For January 2017 From The 400 North Board Of Realtors!  Highlights: (compared to January 2016)


Forsyth County:

Total single family home sales: 244 (10.4% increase) Median sales price: $318,000 (4.3% increase) Average sales price: $343,000 (4.6% increase) Total active listings: 1265 (11.8% increase) New listings: 362 (7.2% decrease) Month’s Supply: 3.2 (0.2% increase)

Forsyth County Infographic - https://magic.piktochart.com/output/20377608-400n_01_2076-market_report_forsyth


Dawson County:

Total single family home sales: 23 (28.1% decrease) Median sales price: $257,000 (42.0% increase) Average sales price: $286,000 (29.4% increase) Total active listings: 271 (8.8% increase) New listings: 46 (21.1% increase) Month’s Supply: 6.4 (2.4% increase)

Dawson County Infographic - https://magic.piktochart.com/output/20377497-400n_01_2017-market_report_dawson


Lumpkin County:

Total single family home sales: 23 (21.1% increase) Median sales price: $165,000 (6.8% decrease) Average sales price: $160,000 (18.8% decrease) Total active listings: 157 (7.6% decrease) New listings: 21 (27.6% decrease) Month’s Supply: 5.2 (17.9% decrease)

Lumpkin County Infographic - https://magic.piktochart.com/output/20377287-400n_01_2017-market_report_lumpkin



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.

Georgia Association of REALTORS® Reports Increasing Upward Trend In Georgia's Housing Market! We See Similar Improvements Here At Lake Lanier!

I just received my GAR monthly e-Newsletter, and it starts with the following good news for the Georgia housing market:

Housing Indicators for February show an increase in momentum for Georgia's housing market:

• Median Prices rose 31 percent
• Average Prices rose 21 percent 
• New Listings decreased 6 percent
• Pending Sales were up 27 percent
• Inventory Levels shrank 30 percent
• Months Supply of Homes for Sale decreased 31 percent
• Days on Market decreased 17 percent to 80 days
• Percent of Original Price Received increased 4 percent to 95.2 percent

Click Here To Access The Full Report

We continue to see good news about the housing market in Georgia and here on Lake Lanier!  This report is more evidence that normalcy is returning and markets are improving.  This improvement is allowing more home buyers and sellers to become active in the real estate market.  Are you considering what your Lake Lanier home value might be worth?  Have you been waiting for better conditions to arrive in order to put your waterfront home on the market?  Now just might be the time that you've been waiting for!

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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• More Lake Lanier Homes Going Under Contract! Plus A Preliminary Look At Lake Lanier Home Sales For April! (lakesidneylanierhomes.blogspot.com)
• The Latest Lake Lanier Home Sales Data For April 2013! Check The Latest Sales Trends! (lakesidneylanierhomes.blogspot.com)
• Lake Lanier reaches full winter pool (onlineathens.com)

Dramatically Reduced For Quick Sale! 7910 Brands Hatch Boulevard In Cumming, Georgia!

We are thrilled to announce a major price reduction on our property listed for sale at 7910 Brands Hatch Blvd. in Cumming, Ga!  This home was previously priced at $250,000 and is now reduced to $234,000!  This represents a tremendous opportunity.  This home is on a large cul-de-sac lot in Cumming, and the interior of the home is clean as a whistle and move-in ready.  Please see our full listing link:

Reduced!  7910 Brands Hatch Blvd. Cumming, Georgia 30040