I'm often asked by sellers what they can expect as a sales price if they list their Lake Lanier property at a given price. Alternatively, buyers often want to know what kind of offer they should submit on a home that is listed at a particular price. The chart below can help provide some of those answers. Based on 2016 Lake Lanier waterfront home sales in FMLS, here's the data that we were able to find.
My take on this is that we're not seeing a lot of "fire" sales. The market was healthy and pretty strong. Not a lot of foreclosure, short sales or distressed property sales. Discounts appear to typically be in the 3% - 6% off of list price range.
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.
