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

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.

Congratulations To Our Latest Home-Selling Clients On The Sale Of Their Home In Oakwood Near Lake Lanier!

Congratulations To Our Latest Home-Selling Clients On The Sale Of Their Home In Oakwood Near Lake Lanier! Sometimes you just have to have the waterfront!  Our clients upgraded their lifestyle to waterfront living!  They moved nearby to a Lake Lanier waterfront home with a slip dock and easy access to Lake Lanier.  Because of the move, this near-lake home had to be sold.  We closed during the last week of December.  Here's what the new buyers purchased from our clients!  A great deal on a great home!

Sale Details For 4454 T Moore Road, Oakwood, GA. 30566

Spectacular Lake Lanier area home on 1 +/- acre lot features 4 bedrooms, 3.5 baths, master on main, 2 fireplaces, two kitchens, keeping room, workshop, full finished basement and a 3 car garage! Tons of space & versatility inside & out! Terrace level is easily used for in-law suite, office, gym, media room & more! Your eyes will pop at the space & potential floor plan options in this home. Enjoy the front porch or screened back porch with distant lake & mountain views! Entire exterior of home just repainted! Near Lake Lanier's Balus Park & Boat ramp for EZ lake access!

Many thanks to Jason Buffington of Keller Williams Realty Lanier Partners for his expert representation of the buyers in the sale!






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.

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Our Latest Lake Lanier Clients Just Purchased This Extraordinary, South Lake Lanier Property! A Unique, Private Home With Tons Of Luxury And Lake Lanier Classic Charm!

Our Latest Lake Lanier Clients Just Purchased This Extraordinary, South Lake Lanier Property!  A Unique, Private Home With Tons Of Luxury And Lake Lanier Classic Charm!

Here's what our clients acquired... An architectural masterpiece located on 1 + acre, close to the water's edge, surrounded by protected U. S. Army Corps Of Engineers' property, gorgeous views, quiet, deep water cove, a 32' x 32' dock with party deck. Complete with an entertainer's dream kitchen and bar with two sinks, two dishwashers, two refrigerators, a wine cooler, and more!  All top-of-the-line appliances included. Incredible, massive master suite like no other!  "To die for" closet, sitting room with fireplace, opens to covered porch overlooking Lake Lanier. Beautiful terrace level, garden apartment/in-law suite that has its own full kitchen, bath, bedroom and living room with separate entrance. This property is a private oasis, second to none! A WOW house! Many thanks to Laurie Cooper with ReMax Center for her skilled representation of the seller in the real estate transaction.

More Details, Sales Price & Photos Of 6386 Nichols Road, Flowery Branch, Georgia

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.

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

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

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.

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Berkshire Hathaway HomeServices Georgia Properties Real Estate Advisor - December 2016

Berkshire Hathaway HomeServices Georgia Properties
Real Estate Advisor – December 2016

We wish you a Merry Christmas, Happy Hanukkah and Happy Holiday. Enjoy time with your family and friends and be safe during the holiday season. This is a special time of year and we thank all our clients for their trust. 2016 has been a very good year for our clients and the outlook for 2017 is very positive.

 

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Zillow reports that Christmas Day, New Year’s Day and the first few weeks of January are some of the busiest online shopping days for real estate. For our seller clients, we have special programs underway so you can take advantage of these opportunities! First, we are running extensive ads on Zillow searches to attract more buyers. No other brokerage provides this level of exposure on the largest real estate website with over 65% online market share.

 

Our company is strategically partnering with the Zillow Group to introduce a new Zillow Video Program that will dramatically increase views for our listings. Zillow ranks listings with Zillow Videos first in their search results which provides 2X the listing views versus other listings. Buyers also save Zillow Video listings as favorites at twice the rate of other listings.

The new program will include Zillow WalkThrough videos plus options for Professional Videos on luxury listings. We are organizing strategic vendor partners to help supercharge our Zillow Video inventory. The program includes training, certifications and more to ensure the highest levels of quality. We have a dedicated Zillow Team working with us to help the program move faster. Our goal is to have Zillow Videos on the majority of our residential listings by the end of February 2017. As we move into the early spring market, our seller clients will benefit from the increased exposure to more buyers.

As the recipient of the first ever Zillow Group Broker of Excellence Award, we will continue to partner with Zillow to introduce innovative programs that benefit our clients.

The Metro Atlanta real estate market remains active during the holiday season. Here is the summary for Metro Atlanta real estate through November 2016.

• Closings for November 2016 were down 9% from last month and up 21.9% from last November. Year-to-date 2016 closings were up 10.6% compared to YTD 2015.
• The average sales price for October was $279,000 which is up 3.7% from last month and up 5.2% from last year. The Average Sales Price is on track to beat the record levels posted back in 2006.
• The listed inventory for November was down 5.4% from last month and down 3.3% from last year. But the limited availability of desirable properties is still driving multiple offers and very quick sales in select areas.
• Overall months of supply for November was 4 months. Six months is considered normal. Luxury properties are taking longer with homes above $1 million averaging 14 months and properties over $2 million averaging 33 months to close.
• The latest Case-Shiller Index (11/29/16) was up .16% from the previous month. Metro Atlanta home values are up 61% from the recent bottom of March 2012 and up 7.6% from the average index last year. Increased home values are building positive equity and getting more sellers back into the market.
• Visit HomeServices Lending at Georgia.HomeServicesLending.com for the latest mortgage rates. The recent Fed hike has driven mortgage rates higher and many buyers are taking action before rates rise further. Our Close On Time Guarantee and Free Second Opinion programs have been very beneficial to our clients!

Click here for a more detailed set of charts including the National Real Estate Market, Metro Atlanta Real Estate Market and Trends impacting Atlanta Real Estate.

 

The chart below shows a summary of Metro Atlanta Home Values according to the Case-Shiller Index for Atlanta. This is an interesting perspective for general home values across Metro Atlanta. As you can see, home values have essentially recovered from the real estate recession. Local areas and price points will be different. Homes between $200,000 and $500,000 have been in high demand and may show higher gains while the luxury market may show smaller gains. Yes, real estate is truly local.

Our website provides Instant Home Values Estimates for any property in the country. You can also model changes to see the impact on the estimated value. Check out your latest estimate!

We can provide you the most accurate value estimate since we have access to proprietary information sources and local details. Contact us for more information.

Year Property Bought	Average Gain/ Loss	Year Property Bought	Average Gain/ Loss
2000	28.82%	2008	8.43%
2001	21.99%	2009	22.67%
2002	17.46%	2010	25.73%
2003	13.76%	2011	35.20%
2004	9.89%	2012	46.59%
2005	4.62%	2013	23.89%
2006	-0.16%	2014	13.35%
2007	-.80%	2015	7.61%

We would be honored to assist you or someone you know with their real estate needs. We are experts in the local market and have access to proprietary information sources that are not available to the public. Better information leads to better decisions.

Merry Christmas, Happy Hanukkah and Happy Holidays!

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.

Lake Lanier Waterfront Home Sales Market Analysis November 2016

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

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.

Lake Lanier Area Real Estate Market Update For November 2016 From The 400 North Board Of Realtors!

Real Estate Market Update For November 2016 From The 400 North Board Of Realtors!
Highlights: (comparison is to the same month last year)

Forsyth County Data:

Total single-family home sales: 294 (16.2% increase)

Median sales price: $315,000 (5.0% increase)
Average sales price: $329,000 (0.3% increase)
Total active listings: 1323 (9.0% increase)
New listings: 233 (5.3% decrease)
Month’s Supply: 3.4 (2.3% decrease)

Dawson County Data:

Total single-family home sales: 34 (61.9% increase)
Median sales price: $199,000 (19.4% decrease)
Average sales price: $247,000 (38.7% decrease)
Total active listings: 268 (8.2% decrease)
New listings: 30 (11.8% decrease)
Month’s Supply: 6.3 (18.4% decrease)

Lumpkin County Data:

Total single-family home sales: 31 (47.6% increase)
Median sales price: $170,000 (13.3% increase)
Average sales price: $195,000 (20.4% decrease)
Total active listings: 175 (9.8% decrease)
New listings: 23 (9.5% increase)
Month’s Supply: 6.2 (15.6% decrease)

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.

Our Latest Lake Lanier Waterfront Home Sale! This One Went So Fast, If You Blinked, You Missed It!

Our Latest Lake Lanier Waterfront Home Sale!  This One Went So Fast, If You Blinked, You Missed It!  Located at 6964 Dee Lane in Murrayville at the end of Yellow Creek.

This scenic, Lake Lanier waterfront lot with mobile home had a single-slip covered dock in place! Highlighted by the quiet, natural serenity of the northern part of Lake Lanier's Chestatee River on beautiful Yellow Creek.  This one needed a little TLC.  However, this will be a great weekender or it can be scraped to allow for the building of a dream home. What an incredible lake setting! Excellent investment! This one sold in no time, at full list price.

Click Here For All Of The Listing And Sale Details!





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.

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Our Latest Lake Lanier Home Sale Was This Stunning Luxury Waterfront Home In Flowery Branch!

Our Latest Lake Lanier Home Sale Was This Stunning Luxury Waterfront Home In Flowery Branch!

Congratulations to our wonderful seller clients on the sale of their absolutely stunning Lake Lanier waterfront, luxury home located on Lanier's south end in Flowery Branch! Meticulously remodeled with extraordinary luxury finishes and features! This home included 5 bedrooms, 4.5 baths, 3 car garage, professional landscaping, incredible outdoor living spaces, a large stone patio and waterfall, a level and easy walk to the waterfront, a double slip dock with party deck, all on big open water! Lakeside, luxury living with quick access to Van Pugh Park, Holiday Marina and Lake Lanier Islands Resort. This home was a 10 ++! See photos & Full-Motion Video and all of the sales price details by clicking on the following link 6520 Sunset Court, Flowery Branch, Georgia.

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.

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Real Estate Market Update For October 2016 From The 400 North Board Of Realtors!

Real Estate Market Update For October 2016 From The 400 North Board Of Realtors!

Highlights: (comparison is to the same month last year)

Forsyth County Data:

Total single family home sales: 309 (1.6% decrease)

Median sales price: $323,000 (8.4% increase)

Average sales price: $341,000 (1.8% increase)

Total active listings: 1406 (5.9% increase)

New listings: 364 (1.4% increase)

Month’s Supply: 3.7 (4.8% decrease)

Dawson County Data:

Total single family home sales: 44 (2.2% decrease)

Median sales price: $193,000 (3.0% decrease)

Average sales price: $263,000 (6.9% increase)

Total active listings: 262 (17.1% decrease)

New listings: 43 (18.9% decrease)

Month’s Supply: 6.4 (21.6% decrease)

Lumpkin County Data:

Total single family home sales: 23 (17.9% decrease)

Median sales price: $174,000 (16.8% increase)

Average sales price: $237,000 (36.2% increase)

Total active listings: 181 (14.6% decrease)

New listings: 39 (2.6% increase)

Month’s Supply: 6.6 (18.0% decrease)

Forsyth Infographic -

https://magic.piktochart.com/output/18343862-400n_10_2016-market_report_forsyth

Dawson Infographic -

https://magic.piktochart.com/output/18344144-400n_10_2016-market_report_dawson

Lumpkin Infographic -

https://magic.piktochart.com/output/18344301-400n_10_2016-market_report_lumpkin

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.