Are you considering selling your Lake Lanier home? Not sure whether now is the right time to sell? Consider the following numbers.
We did a quick search on FMLS this morning. The search results showed that there are presently 365 homes listed as "active" and for sale on Lake Lanier with a dock. Additionally, we found that there are nine homes that are presently listed as "contingent" sales. Finally, we found that there are presently 52 homes listed as "pending" or under contract.
So what do these numbers mean to you as a Lake Lanier home owner? Well, to us it shows that the Lake Lanier inventory and "active" homes on market is actually increasing. So, more homes continue to come on market and be listed for sale. This is pretty typical of the Lake Lanier real estate market at this time of year. We were struck, however, by the number of pending sales that we found. In our opinion, 52 homes pending is an indication of a market on Lake Lanier that is strengthening and showing good promise going forward in the next few months, as many of these homes are scheduled to close. Clearly, Lake Lanier buyers are looking at lake properties, making decisions and making offers. As we have said before, with water levels up and the economy improving the numbers are starting to show that now is very likely a great time to consider selling. With the demand increasing we may also see price increases. Sellers should certainly want to take advantage of that!
Stay tuned for more information on the Lake Lanier real estate market trend, as we heat up and go forward into the traditional strong Summer selling months for lake Lanier real estate sales.
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.