Showing posts with label Lake Lanier Housing Affordability. Show all posts
Showing posts with label Lake Lanier Housing Affordability. Show all posts

Thursday, January 15, 2015

Lake Lanier Real Estate Market Analysis For Lake Lanier Home Sales December 2014! Let's Check The Stats!

December 2014 Real Estate Market Analysis For Lake Lanier Homes

Our market analysis is generated at the beginning of 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)

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: 17


Average Number Of Bedrooms: 4


Average Number Of Full Bathrooms: 3


Average Original List Price: $471,082


Average List Price: $461,682


Average Sales Price: $446,071


Average Days On Market: 318


Average Sales Price For The Month Of December 2013:  $681,546


% Sales Price Change For The Months Of December 2014 vs December 2013:  - 34.55 %



Lake Lanier Home Sales December 2014


Winter Lake Lanier Cove View Near Gainesville, GA.


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.

Friday, October 16, 2009

NAR's Affordability Calculator

The National Association Of Realtors is offering a simple housing affordability calculator on their website. I tried it out this morning and got some very, very conservative results. I used data from my status a couple of years ago. The calculator summarized the results, and boy was I humbled! Check it out for yourself by clicking the link above. By today's standards, you may be shocked at how little you can actually afford. Could this be one bit of proof as to why there seems to be a buyer shortage for homes on Lake Lanier?

www.LakeSidneyLanierHomes.com