The numbers are in for Lake Lanier waterfront lot sales for 2016! Here is a brief recap of the lot sales as reported in our comparative market analysis that we will provide via SlideShare later in this article.
Lake Lanier waterfront lots sold: 41
The highest priced lot sale was $535,000
The lowest priced lot sale was $7,000
The average original list price was $242,529
The average list price after price adjustments was $234,209
Average sales price was $211,599
Sales price vs original list price ratio came in at 85.57%
Average total days on market was 237
The lowest priced lot sale was $7,000
The average original list price was $242,529
The average list price after price adjustments was $234,209
Average sales price was $211,599
Sales price vs original list price ratio came in at 85.57%
Average total days on market was 237
Our market analysis is generated at the beginning of each year. It is designed to show you Lake Lanier waterfront lot sales statistics. Each year, we search the First Multiple Listing Service for lot 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 lot must be a waterfront property on Lake Lanier as described as lake frontage in the First Multiple Listing Service.
Property Category: Our analysis includes only residential developed lots as categorized in FMLS.
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 real estate market for waterfront lots on Lake Lanier.
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.
