March 2018 Real Estate Market Report For Forsyth, Dawson & Lumpkin Counties!

March 2018 Real Estate Market Report For Forsyth, Dawson & Lumpkin Counties! All data is courtesy of the 400 North Association of REALTORS®.

Highlights: (compared to March 2017)

Forsyth County
Infographic - https://create.piktochart.com/output/29489873-400n-3_2018-forsyth
Total single family home sales: 360 (13.9% decrease)
Median sales price: $348,000 (3.9% increase)
Average sales price: $370,000 (3.1% increase)
Total active listings: 1,149 (18.4% decrease)
New listings: 460 (9.1% decrease)
Month’s Supply: 3.0 (15.3% decrease)


Dawson County
Infographic - https://create.piktochart.com/output/29490047-400n-3_2018-dawson
Total single family home sales: 35 (16.7% decrease)
Median sales price: $227,000 (1.7% decrease)
Average sales price: $275,000 (14.1% decrease)
Total active listings: 203 (21.6% decrease)
New listings: 64 (16.4% increase)
Month’s Supply: 4.6 (23.3% decrease)


Lumpkin County
Infographic - https://create.piktochart.com/output/29490303-400n-03_2018-lumpkin
Total single family home sales: 35 (6.1% increase)
Median sales price: $214,000 (22.3% increase)
Average sales price: $234,000 (15.8% increase)
Total active listings: 126 (25.0% decrease)
New listings: 33 (15.4% decrease)
Month’s Supply: 3.9 (29.8% 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 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

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Open House! Long Distance Lake Lanier Vews Are Incredible! Come See This Extraordinary Lake Home!

It's on rain or shine! Long distance Lake Lanier views are incredible either way! Come see this extraordinary lake home and meet our real estate partner and lake resident Eric White tomorrow!

Open House this Sunday, April 15 from 2 P.M. to 5 P.M. Stop in and meet our REALTOR colleague, Eric White, and see this incredible Lake Lanier waterfront home! Enter for your chance to win an Amazon Alexa Prize Pack! https://t.co/ftEUDlmCFj pic.twitter.com/VuE7iaNhkU

— Arthur Prescott (@arthurprescott) April 10, 2018

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 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Luxury Homes - Remarkable Results

The Best In Luxury Homes. Brought To You By The Best In The Business.

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 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Lake Lanier Home Sales Analysis Q1 2018 Versus Last Year's Q1 2017 Performance! Let's Check The Numbers!

Lake Lanier Home Sales Analysis Q1 2018 Versus Last Year's Q1 2017 Performance!  Let's Check The Numbers!

These short bullet points of the performance data show Q1 2018 versus Q1 2017:

• 56 Versus 61 Lake Lanier Waterfront Homes Sold 
• Average Home Was 4 Bedrooms, 3 Baths, 1 Half Bath In Both Q1 Years
• Average Build Date 1985 Versus 1990
• Average Sale Price $533,217 Versus $563,822
• Average Total Days On Market Was 118 Versus 117

The numbers indicate a little slower start to 2018.  What are your thoughts?  We'll continue to watch the Lake Lanier real estate sales trends and activity, and as always, we welcome your calls and questions regarding your Lake Lanier property search or sale!

Lake Lanier Home Sales Analysis Q1 2018 from Arthur Prescott

Lake Lanier Home Sales Analysis Q1 2017 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 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Lake Lanier Waterfront Open House This Sunday April 15, 2018! 2792 War Hill Park Road On Lake Lanier!

Open House this Sunday, April 15 from 2 P.M. to 5 P.M. Stop in and meet our REALTOR colleague, Eric White, and see this incredible Lake Lanier waterfront home! Enter for your chance to win an Amazon Alexa Prize Pack! https://t.co/ftEUDlmCFj pic.twitter.com/VuE7iaNhkU

— Arthur Prescott (@arthurprescott) April 10, 2018

Lake Lanier Lot Priced Thousands Below Appraisal Valuation! Come Build Your Luxury Dream Home At 9055 Hayes Drive! Located On The Majestic Waterfront Of Cloister Cove At Lake Lanier!

We've Reduced The Price!  Come Build Your Luxury Dream Home At 9055 Hayes Drive!  Located On The Majestic Waterfront Of Cloister Cove At Lake Lanier! 

New Price:  $275,000
Appraised Value:  $290,000

More Details On 9055 Hayes Drive

WOW!  What a fantastic investment opportunity!  This Lake Lanier waterfront lot in Gainesville, Forsyth County Georgia has all of the characteristics of an extraordinary build site on Lanier!

This is a luxurious Lake Lanier waterfront lot in prestigious Cloister Cove! It measures approximately 0.59 acres with 121 feet of shoreline on a scenic deep water cove near Chestatee Bay. A premium, aluminum single-slip dock with party deck is in place and ready for enjoyment. This excellent build site provides fabulous lake views, close proximity to the water and has easy, level access. A private gated entry with custom stone wall extends along the road frontage for a completely upscale look!  This unique property is located in a small enclave of very luxurious, Lake Lanier homes.  Purchase now & build later!

Come see this property and its excellent Forsyth County waterfront location and setting!

Aerial Photo Cloister Cove On Lake Lanier

Aerial Photo Of Cloister Cove On Lake Lanier Looking Towards Chestatee Bay

Aerial Photo of Cloister Cove & Chestatee Bay

Overhead Photo Of Cloister Cove & 9055 Hayes Drive Lake Lanier Lot For Sale

9055 Hayes Drive Lake Lanier Waterfront Lot For Sale

Potential Home For 9055 Hayes Drive On Lake Lanier

Property Survey 9055 Hayes Drive On Lake Lanier

Aluminum Single-Slip Dock With Party Deck At 9055 Hayes Drive 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 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Lake Lanier Home Sales Analysis Q1 2018! Let's Check The Numbers!

Lake Lanier Home Sales Analysis Q1 2018!  Let's Check The Numbers!

The short bullet points of the report are

• 56 Lake Lanier Waterfront Homes Sold
• Average Home Was 4 Bedrooms, 3 Baths, 1 Half Bath
• Average Build Date 1985
• Average Sale Price $533,217
• Average Total Days On Market Was 118

The full report with all of the details can be found in the Slides below.

Lake Lanier Home Sales Analysis Q1 2018 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 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

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Spring Has Arrived At Lake Lanier When Cotton Candy Grows On Trees!

Spring Has Arrived At Lake Lanier When Cotton Candy Grows On Trees!

Need we say more?  Check out these beautiful trees at The Patio Lounge on Johnson Creek at Lake Lanier.  Every year these gorgeous blooms explode and provide extraordinary color!  They welcome the beginning of Spring and the good things to come, here at the lake!  It's a Springtime event and one that we cherish each year!

The wonderful Cherry Trees (Cotton Candy Trees) Are In Bloom

Cherry Blossom

Cherry Blossom

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 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

This Lake Lanier Waterfront Lot For Sale Is A Steal! With Approximately Fifteen Feet Of Water Under The Dock, It Resists Droughts Too!

This Lake Lanier Waterfront Lot For Sale Is A Steal! It's Located On The Very Scenic Chestatee River At Lake Lanier!  With Approximately Fifteen Feet Of Water Under The Dock, It Resists Droughts Too!

Fantastic deep water cove lot on the quiet northern end of Lake Lanier! Build close to water's edge & enjoy beautiful lake views throughout the year! Includes single slip covered 30 x 22 dock in excellent condition with 26 x 10 slip dimensions. Use the lake now and build when ready with your builder of choice! Excellent lake lot with deep cove water, covered slip dock, views, and a great value!

Click Here For More Details On 7731 Elm Circle

Long views of the Chestatee River from the dock at 7731 Elm Circle

Beautiful building lot with nice hardwoods

Single-Slip Dock Permit in place

Beautiful cove location in the bend of the Chestatee River

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 February 2018! Let's Check The Sales Trends!

Lake Lanier Waterfront Home Sales For February 2018! Let's Check The Sales Trends!



The numbers are in for Lake Lanier home sales for the month of February 2018! 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:  13

The highest home price sale was $1,100,000

The lowest home price sale was $289,900

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

The average build date was 1990

The average original list price was $641,685

The average list price after price adjustments was $615,600

The average sales price was $581,185

Sales price vs original list price ratio came in at 91.59 %

Average total days on market was 142

Lake Lanier Waterfront Home Sales Analysis Febuary 2018 from Arthur Prescott

Lake Lanier Waterfront Home Sales Listings February 2018 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 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.