Lake Sidney Lanier Homes Blog: Lake Lanier real estate market trends

Showing posts with label Lake Lanier real estate market trends. Show all posts

Wednesday, January 11, 2017

Lake Lanier Waterfront Home Sales For December 2016! Let's Check The Sales Trends!

The numbers are in for Lake Lanier home sales for the month of December 2016! Here is a brief recap of the home sales as reported in our comparative market analysis that we will provide via SlideShare later in this article.

Lake Lanier waterfront homes sold: 22

The highest home price sale was $1,300,000

The lowest home price sale was $75,000

The average home sold had four bedrooms, three bathrooms, and 1 half bathroom

The average build date was 1993

The average original list price was $688,114

The average list price after price adjustments was $631,714

Average sales price was $601,700

Sales price vs original list price ratio came in at 89.89 %

Average total days on market was 186

Lake Lanier Waterfront Home Sales Market Analysis December 2016 from Arthur Prescott

Lake Lanier Waterfront Homes Sales Listings December 2016 from Arthur Prescott

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)

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.

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.

Wednesday, December 28, 2016

Lake Lanier Waterfront Home Sales For November 2016! Let's Check The Sales Trends!

The numbers are in for Lake Lanier home sales for the month of November 2016! Here is a brief recap of the home sales as reported in our comparative market analysis that we will provide via SlideShare later in this article.

18 Lake Lanier waterfront homes sold

The highest home price sale was $1,515,000

The lowest home price sale was $229,900

The average home sold had four bedrooms, three bathrooms, and 1 half bathroom

The average build date was 1992

The average original list price was $619,778

The average list price after price adjustments was $612,358

Average sales price was $568,156

Sales price vs original list price ratio came in at N/A %

Average total days on market was 168

Lake Lanier Waterfront Home Sales Market Analysis November 2016 from Arthur Prescott

Lake Lanier Waterfront Homes Sales Listings November 2016 from Arthur Prescott

Friday, November 11, 2016

Lake Lanier Waterfront Home Sales For October 2016! Let's Check The Sales Trends!

The numbers are in for Lake Lanier home sales for the month of October 2016! Here is a brief recap of the home sales as reported in our comparative market analysis that we will provide via SlideShare later in this article.

23 Lake Lanier waterfront homes sold

The highest home price sale was $1,700,000

The lowest home price sale was $259,000

The average home sold had four bedrooms, three bathrooms, and 0 half bathroom

The average build date was 1987

The average original list price was $629,561

The average list price after price adjustments was $597,074

Average sales price was $568,283

Sales price vs original list price ratio came in at 90.20%

Average total days on market was 178

Lake Lanier Waterfront Home Sales Market Analysis October 2016 from Arthur Prescott

Lake Lanier Waterfront Homes Sales Listings October 2016 from Arthur Prescott

Wednesday, October 19, 2016

Lake Lanier Waterfront Home Sales For September 2016! Let's Check The Sales Trends!

The numbers are in for Lake Lanier home sales for the month of September 2016! Here is a brief recap of the home sales as reported in our comparative market analysis that we will provide via SlideShare later in this article.

20 Lake Lanier waterfront homes sold

The highest home price sale was $1,275,000

The lowest home price sale was $322,500

The average home sold had four bedrooms, three bathrooms, and 1 half bathroom

The average build date was 1992

The average original list price was $677,633

The average list price after price adjustments was $634,234

Average sales price was $605,234

Sales price vs original list price ratio came in at 90.59%

Average total days on market was 188

Market Analysis Of Lake Lanier Waterfront Homes Sales September 2016 from Arthur Prescott

Lake Lanier Waterfront Home Sales Listings September 2016 from Arthur Prescott

Thursday, October 06, 2016

Lake Lanier Waterfront Home Sales For August 2016! Let's Check The Sales Trends!

The numbers are in for Lake Lanier home sales for the month of August 2016! Here is a brief recap of the home sales as reported in our comparative market analysis that we will provide via SlideShare later in this article.

25 Lake Lanier waterfront homes sold

The highest home price sale was $1,285,000

The lowest home price sale was $407,500

The average home sold had four bedrooms, three bathrooms, and 1 half bathroom

The average build date was 1987

The average original list price was $663,676

The average list price after price adjustments was $645,108

Average sales price was $609,220

Sales price vs original list price ratio came in at 92.88%

Average total days on market was 82

Market Analysis Of Lake Lanier Waterfront Homes Sales August 2016 from Arthur Prescott

Lake Lanier Waterfront Home Sales Listings August 2016 from Arthur Prescott

Thursday, August 11, 2016

Lake Lanier Waterfront Home Sales For July 2016! Let's Check The Sales Trends!

The numbers are in for Lake Lanier home sales for the month of July 2016! Here is a brief recap of the home sales as reported in our comparative market analysis that we will provide via SlideShare later in this article.

39 Lake Lanier waterfront homes sold

The highest home price sale was $1,490,000

The lowest home price sale was $251,500

The average home sold had four bedrooms, three bathrooms

The average build date was 1987

The average original list price was $565,306

The average list price after price adjustments was $546,732

Average sales price was $526,062

Sales price vs original list price ratio came in at 92.86%

Average total days on market was 133

Market Analysis Of Lake Lanier Waterfront Homes Sales July 2016 from Arthur Prescott

Lake Lanier Waterfront Home Sales Listings July 2016 from Arthur Prescott

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.

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.

Saturday, July 09, 2016

Lake Lanier Waterfront Home Sales For June 2016! Let's Check The Sales Trends!

The numbers are in for Lake Lanier home sales for the month of June 2016! Here is a brief recap of the home sales as reported in our comparative market analysis that we will provide via SlideShare later in this article.

40 Lake Lanier waterfront homes sold

The highest home price sale was $1,800,000

The lowest home price sale was $162,500

The average home sold had four bedrooms, three bathrooms, and one-half bathroom

The average build date was 1985

The average original list price was $612,721

The average list price after price adjustments was $590,441

Average sales price was $555,083

Sales price vs original list price ratio came in at 92.06%

Average total days on market was 95

Lake Lanier Waterfront Home Sales June 2016 from Arthur Prescott

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.

Tuesday, June 21, 2016

Lake Lanier Waterfront Home Sales For May 2016! Let's Check The Sales Trends!

The numbers are in for Lake Lanier home sales for the month of May 2016! Here is a brief recap of the home sales as reported in our comparative market analysis that we will provide via SlideShare later in this article.

45 Lake Lanier waterfront homes sold

The highest home price sale was $925,000

The lowest home price sale was $150,000

The average home sold had four bedrooms, three bathrooms, and one-half bathroom

The average build date was 1986

The average original list price was $510,384

The average list price after price adjustments was $502,584

Average sales price was $485,731

Sales price vs original list price ratio came in at 95.01%

Average total days on market was 94

Lake Lanier Waterfront Home Sales May 2016 from Arthur Prescott

Sunday, May 15, 2016

Lake Lanier Waterfront Home Sales For April 2016! Let's Check The Sales Trends!

The numbers are in for Lake Lanier home sales for the month of April 2016! Here is a brief recap of the home sales as reported in our comparative market analysis that we will provide via SlideShare later in this article.

38 Lake Lanier waterfront homes sold

The highest home price sale was $1,535,000

The lowest home price sale was $54,000

The average home sold had four bedrooms, three bathrooms, and one half bathroom

The average build date was 1988

The average original list price was $601,535

The average list price after price adjustments was $594,901

Average sales price was $563,951

Sales price vs original list price ratio came in at 93.98%

Average total days on market was 95

Lake Lanier Waterfront Home Sales For April 2016 from Arthur Prescott

Tuesday, April 19, 2016

Lake Lanier Waterfront Home Sales For March 2016! Let's Check The Sales Trends!

The numbers are in for Lake Lanier home sales for the month of March 2016! Here is a brief recap of the home sales as reported in our comparative market analysis that we will provide via SlideShare later in this article.

35 Lake Lanier waterfront homes sold

The highest home price sale was $1,000,000

The lowest home price sale was $89,000

The average home sold had four bedrooms, three bathrooms and no half bathroom

The average build date was 1983

The average original list price was $472,694

The average list price after price adjustments was $458,014

Average sales price was $430,154

Sales price vs original list price ratio came in at 90.98%

Average total days on market was 133

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)

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.

Lake Lanier Waterfrontfront Home Sales For March 2016 from Arthur Prescott

Friday, April 15, 2016

Recent Hall County Lake Lanier Waterfront Lot Sales Information! It's All Good!

Wow! Take a look at this sales data regarding waterfront Lake Lanier lot sales in Hall County over the past six months. This comparative market analysis included lots in this area that included slip docks on each subject property. I was quite surprised to see these lofty prices and relatively short Days On Market prior to sales. Very impressive numbers indeed!

Comparative Market Analysis Of Hall County, Lake Lanier Waterfront Lot Sales from Arthur Prescott

Monday, December 14, 2015

Lake Lanier Waterfront Home Sales For November 2015! A Look At Real Estate Market Numbers On Lanier!

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. 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. If the dock was listed as a boathouse and not as a dock it was not included in this search and report.

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. Search criteria for the report are included at the bottom of the SlideShare.

Homes Sold: 18
Average Number Of Bedrooms: 4
Average Number Of Full Bathrooms: 3
Average Original List Price: $711,244

Average List Price: $677,450
Average Sales Price: $652,620
Sales Price Versus Original List Price: 90.50%
Average Total Days On Market: 134

Lake Lanier Waterfront Home Sales November 2015 from Arthur Prescott

Friday, May 29, 2015

Lake Lanier Housing Market Report Web Page Updated! Checkout The Latest Lake Lanier Home Sales Trends!

We recently updated our Lake Lanier Housing Market Report with updates for YTD lake home sales, average pricing and many other details. The web page is now completely up to date and shows the latest market trends for 2015. For those of you that follow the lake real estate market, this is a fantastic page to watch as it provides key market information on home sales.

So far, 2015 YTD shows 90 lake home sales versus 85 sales in the same time period in 2014. And average pricing of lake homes sold is up dramatically. You can review the summary details of 10 years worth of data right here:

Lake Lanier Housing Market Report

The view from the party deck at 5155 Indian Circle in Gainesville.

Monday, April 27, 2015

Berkshire Hathaway HomeServices Georgia Properties Homeowner Sentiment Survey For Q1 2015

Berkshire Hathaway HomeServices is pleased to announce the results of our 1st Quarter 2015 Consumer Sentiment Survey. The survey results are organized into the following segments:

How is Home Value Defined Today?
What is Most Important to Buyers and Sellers?
What are the Differences in Generational Preferences?
What are Priorities for Increasing Home Values?
How Does Your Agent Add Value to the Real Estate Process?
What is the State of the Real Estate Market Today?

The survey shows that homeowners and prospective buyers define value in broader terms of personal confidence in their housing investment and how a property meets their family needs now and in the future. As housing markets across America continue their recovery and with home equity rising for many, homeowners have increasing options. One-third of homeowners said they’ve considered selling their home in the near future. Those selling, want homes that better fit their changing lifestyles and life events.

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, December 19, 2014

Lake Lanier Real Estate Market Trends As We Wind Down 2014!

We've noticed lately, that we are building a somewhat lengthy list of Lake Lanier home buyers that are struggling to find properties of interest that represent good value in a given price range. This year in particular has been a difficult one for many potential Lake Lanier home buyers. I finally got a moment to sit down and do a little research on why this potential situation might be occurring.

The site that I went for answers was our local online MLS system. And as of this morning, I found only 269 homes listed for sale on Lake Lanier with a dock or dock permit in place. That's pretty limited inventory! And granted, it is the holiday season and one would expect the inventory and activity to have slowed. Without a doubt we have seen this happen over the last number of weeks. Nonetheless, with only 269 homes to pick from, it can be hard to find that perfect property.

As of this morning, the highest priced listed property for sale on Lake Lanier according to our research came in at a whopping $8,495,000! However on the lower end of the spectrum, was a property listed at $90,000.

Property Listings

	4890 Serene Shores Drive Gainesville, GA
	MLS Number: 4222769
	Listing Price: $8,495,000

	View Details
	122 BROOKWOOD Drive Dawsonville, GA
	MLS Number: 5313018
	Listing Price: $90,000

	View Details

And what about the median price range you ask? Well that seems to have gone up just a bit from the last time that we checked it. This morning, as I research these numbers, it appears that the median price range has floated up a little bit to about $550,000. It seems that we may be gradually getting back to the days when the median price range of homes for sale on Lake Lanier with a dock or dock permit would run about $600,000.

Lake Lanier Homes For Sale $500,000 - $600,000

So, while the inventory may be limited, and finding exactly what you want might be a little tough, it appears that prices might edge up a little bit into next year. Typically the inventory of homes listed for sale starts ramping up as the weather starts warming up a bit and the Spring weather calls for more lake visitors. And that really starts in around mid February. So, for all you potential Lake Lanier home buyers out there that didn't find your home this year there is hope! But, it may cost you a little more. We'll just have to see if the normal market uptick and the increase of listing activity and inventory prevail in the new year. Stay tuned right here for all of the details!

The seawall shoreline at Sawnee Campground in Cumming on Lake Lanier

Monday, May 19, 2014

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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