Annual Real Estate Market Analysis For Lake Lanier Homes 2014! Let's See How The Lake Lanier Housing Market Performed!

Annual Real Estate Market Analysis For Lake Lanier Homes 2014

Our 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)

Dock: Our searches scan for houses that have some form of dock in place. Docks can be minimal or elaborate, inexpensive or expensive. The analysis includes properties with single slip, double slip, triple slip, or platform docks that are in place and advertised in the listings as part of the sale. If there is a permit for a dock, but no dock in place, the property was not included in the analysis.

Lake Frontage: The home must be a waterfront property on Lake Lanier as described as lake frontage in the First Multiple Listing Service.

Exclusions: Our analysis does not include mobile homes, modular homes, condominiums or townhomes.

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.

Homes Sold:  295

Home Sales By County:  Lumpkin 4, Hall 130, Gwinnett 11, Dawson 27, Forsyth 123

Homes Sold With Seller Contributing To Closing Costs:  135

Average Sales Price For 2014:  $499,634

Average Sales Price For 2013:  $487,714

Percentage Number Of Home Sales 2014 vs 2013:  + 25 %

Percentage Sales Price Change For Annual 2014 vs Annual 2013:  + 2.44 %

Click Here For More Data On Historical Lake Lanier Home Sales And Trends!

Lake Lanier's Lathem Bay On A Cold Winter Day

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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Lake Lanier Home Sales Report For The First Four Months Of 2014! Looks Like The Buyers May Have The Upper Hand!

Today in Lake Lanier real estate, we decided to delve into the 2014 numbers a little bit deeper! In order to do that we ran some searches in the MLS system to determine the number of homes that sold this year versus last year, and the average price range for homes sold this year versus last year. For starters, here's what we found.

In 2013, during the first four months of the year, our research shows that 50 Lake Lanier homes sold at an average price of $519,738. Taking a look at 2014, the numbers are somewhat different. During the first four months of this year, we found that 84 Lake Lanier homes sold, and the average sales price was $466,878.

So, we have some good news, and we have some bad news. The good news is that so far in 2014, 68% more homes have sold on Lake Lanier versus the same time frame in 2013! In my opinion that's a huge increase, and it makes me feel positive about the future of Lake Lanier home sales. Now for the bad news. Even though more homes are selling the average sales price has declined moderately by about 10%.

Now, I'm sure you know and understand that numbers can be manipulated in many ways, and in this case we are merely looking at four months of sales activity in the early part of 2014 when the cold weather dominated the area. But clearly, Lake Lanier buyers are coming out in force and are taking advantage of some good opportunities to purchase lakefront properties at prices slightly less than the previous year. It is still early in the year, and the traditional Spring selling market has just gotten underway. For now, we're going to keep an eye on these numbers. But based on what we see at this point, the buyers seem to be in the driver's seat of this Lake Lanier real estate market.

For more details on the Lake Lanier housing market past and present check out this page on our website:

Lake Lanier Housing Market Report

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.

Property Listings

5340 Point South Drive Gainesville, GA MLS Number: 5158471 Listing Price: $2,250,000 Status: Pending     1860 Bernice Drive Cumming, GA MLS Number: 5271367 Listing Price: $420,000 Status: Contingent     6705 Sawnee Way Gainesville, GA MLS Number: 5270875 Listing Price: $369,000 Status: Pending     6145 Lake Lanier Heights Road Buford, GA MLS Number: 5290115 Listing Price: $350,000 Status: Contingent

It was an overcast, and drizzly day showing homes Saturday 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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• What You Should Know About Buying a Lake House