Lake Lanier Waterfront Home Sales For August 2023! Let's Check Sales Trends!
The numbers are in for Lake Lanier home sales for the month of August 2023! Here is a brief recap of the home sales reported in our comparative market analysis, which we will provide via SlideShare later in this article.
Lake Lanier waterfront homes sold: 32
The highest home sale price was $4,375,000
The lowest home sale price was $168,500
The average home sold had four bedrooms, three bathrooms, and one-half bathroom
The average original list price was $1,310,766
The average list price after price adjustments was $1,285,266
The average sales price was $1,231,344
Sales price vs list price ratio came in at 96.4%
Average total days on the market was 77
Our market analysis is generated 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)
Lake Frontage: The home 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 detached homes 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 housing market for waterfront homes on Lake Lanier.
