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

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



The numbers are in for Lake Lanier home sales for the month of August 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:  29

The highest home price sale was $2,300,000

The lowest home price sale was $200,000

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

The average build date was 1985

The average original list price was $ N/A

The average list price after price adjustments was $721,310

The average sales price was $673,581

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

Average total days on market was 114

Lake Lanier Home Sales Analysis August 2018 from Arthur Prescott

Lake Lanier Waterfront Home Sales Listings August 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.

Just Sold! Incredible Lake Lanier Waterfront Home, Custom-Built, Lake Views, Level Lot, Double Slip Dock PRICED BELOW RECENT APPRAISAL!!

Incredible Lake Lanier Waterfront Home, Custom-Built, Lake Views, Level Lot, And A Double Slip Dock PRICED BELOW RECENT APPRAISAL!!
Yes!  You read that correctly!  This Lake Lanier home is a steal!

• Incredible Lake Lanier Custom built waterfront home priced below appraisal! 
• Level, grass to water lot!
• Big lake views! 
• Located in a protected no wake area!
• View deep blue sailing waters from virtually every room!
• Enormous, open floor plan has room for everyone!
• Relaxing lake views from the screened porch, massive deck or covered patio!
• Three car detached garage PLUS another two car attached garage! That's FIVE GARAGE SPACES!
• Park your RV or travel trailer on the spacious lot!
• Top-of-the-line, Martin manufactured aluminum 32X32 double slip dock!
• Fantastic Forsyth County Lake Lanier location! 

Aerial View Of 9035 Prestige Lane

Approach To 9035 Prestige Lane

Lake Lanier View From The Deck At 9035 Prestige Lane

Shoreline View At 9035 Prestige Lane

Click here for more photos, details and pricing on the sale of 9035 Prestige Lanie, Gainesville, Georgia!

Congratulations to our seller clients, and many thanks to Sylvia Kametches Padrick of Realty Associates Of Atlanta for her 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 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Just Sold! Our Real Estate Partner Eric White Delivers Another Perfectly Fitting Home To Our Latest Clients!

Just Sold!  Our Real Estate Partner Eric White Delivers Another Perfectly Fitting Home To Our Latest Clients!

What started as a Lake Lanier waterfront home search ended in the purchase of a dream home of a different style for our latest clients.  Their primary needs of a large home with plenty of living space, room for expansion, room for a car collection, and a home with a spectacular view ended when Eric introduced them to 1085 Blue Ridge Overlook in Dawsonville, Georgia.  Even though the property was not waterfront on Lake Lanier, it was virtually everything they had hoped for at a price that was simply undeniable.  Here's a look at the winning property!

Property Description:

Wonderful Four Sides Brick Custom Home on 1.24 Acre Lot with Mountain Views in the Front and Back. Spacious 5 Bedrooms, 4 Full Baths, 1 Half Baths. Master on Main. 3 Bedrooms Upstairs w/2 Baths and Teen/In-Law Suite complete w/Kitchen, Great Room. Full Basement has Tall Boat Door. Extra-Long Garage Bay for RV, Large Boat, Multiple Collector Cars. Out-Building with Automatic Garage Door with room for another vehicle. Gated Entrance. Large Fenced Backyard with Sweeping Mountain Views. Room for Pool or Tennis, Close to GA 400.

Sale Price:  $428,000

Congratulations to Eric and our happy clients, and many thanks to Sylvia Kametches Padrick of Realty Associates Of Atlanta for her skillful representation of the sellers 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 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Berkshire Hathaway HomeServices Georgia Properties Real Estate Advisor – September 2018

Berkshire Hathaway HomeServices Georgia Properties Real Estate Advisor – September 2018

We are providing this monthly real estate advisor to keep you informed about the latest trends and issues in the real estate market. Remember that real estate is local and every market is different. Contact us to find out the specific details for your local area. If you know someone else who might be interested in receiving this report or who may benefit from our expertise, please let us know. Better information leads to better real estate decisions!



Below is the summary for Greater Metro Atlanta through August 2018. Click here for a more comprehensive market report slide deck.

• The entry-level market has strong demand and very low inventory. Finding the right property is getting harder which is resulting in lower closings for this segment. The luxury market is a buyer’s market with buyers negotiating better pricing and terms.
• Mortgage Rates are rising slowly which will impact affordability. Metro Atlanta continues to be very affordable relative to other metro areas around the country.
• August Pending Contracts were up 3% from July and up 6.2% from the prior year. August Closings were down 11.9% from last month and down 7.1% from the prior year.
• Year-to-Date Pended Sales units were up 4.6% versus the prior year. Year-to-Date Closings were up 2.2% versus the prior year.
• The Average Sales Price for August was $313,000 – down 2.2% from last month and up 7.6% from last year. 2018 is on track to be the highest annual ASP on record. Inventory for August was down .6% from last month and down 3% from last year.
• Overall Months of Supply for August was 3.1 months. Six months is considered normal. Luxury properties took longer with homes above $1 million averaging 11.4 months and properties over $2 million averaging 27.1 months to close. The luxury market remains a buyer’s market in many areas.
• The Average List-to-Sale Price Ratio was 97% for all price points. Many properties in high-demand areas are selling above list.
• The latest Case-Shiller Index for Atlanta (8/28/18) was up .65% compared to the previous month. Metro Atlanta Home Values are up 76% from the bottom of March 2012. Increased home values are building equity and getting sellers back into the market.
• Visit Prosperity Home Mortgage to meet one of our Mortgage Consultants. Ask about the Prosperity Buyer Advantage and our 7-Day Close program.

The latest forecast shows that Greater Metro Atlanta and North Georgia area may not get significant wind and rain from Hurricane Florence. There are other storms forming in the Atlantic as we move into the height of hurricane season. It is always good to be prepared.

Click here for a Hurricane Preparedness Checklist.

Weather forecasters are also calling for a colder winter and more potential snow events. Now is the time to get ready just in case. Remember, Snow Jam 2014? Thousands of people got stuck in the snowstorm and were not prepared. We want you to be ready!

Click here for a Cold Weather Checklist.



Our next MEGA Open House Event is Sunday, September 23rd from 2pm – 5pm. There will be hundreds of beautiful open houses available and one lucky sweepstakes winner will get a cool Amazon Alexa Prize Package. MEGA Open House Events are a very effective component of our Advanced Property Marketing for our seller clients. We run extensive open house ads on Zillow plus Facebook, Instagram, Google and WAZE to generate interest from potential buyers.

If you know anyone interested in listing their home, contact us so we can get them scheduled for a MEGA Open House Event!



Berkshire Hathaway HomeServices Georgia Properties is supercharging our new listings and open houses with an innovative advertising program on Google, Facebook, Instagram, and WAZE. If you know someone who is considering listing this fall, no other brokerage provides this level of exposure. For every new listing, we automatically create social and digital ads that are targeted to the geographic area around the listing. When a consumer clicks on the ad, it displays your custom listing website page. Then, we follow that consumer with more ads of the property to remind them to click back and contact the listing agent. The scale of this program is unprecedented in our market and has been very effective in exposing our listings.

If you or anyone you know is considering listing their home this spring, contact us to learn how we expose our listings to the largest audience!



Berkshire Hathaway HomeServices Georgia Properties is bringing real estate to Alexa and Google Home. Just enable the “Atlanta Real Estate” skill to search properties, check home values and get the latest real estate market update. Enable your Atlanta Real Estate skill today and check it out! You never know – Alexa may help you find the home of your dreams!

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!


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.

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

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

Highlights: (compared to August 2017)

Forsyth County
Infographic - https://create.piktochart.com/output/32454622-400n-8_2018-forsyth
Total single family home sales: 368 (10.7% decrease)
Median sales price: $350,000 (3.6% increase)
Average sales price: $386,000 (6.0% increase)
Total active listings: 1,405 (.4% decrease)
New listings: 420 (3.7% increase)
Month’s Supply: 3.7 (.2% decrease)

Dawson County
Infographic - https://create.piktochart.com/output/32454541-400n-8_2018-dawson
Total single family home sales: 50 (2.0% decrease)
Median sales price: $243,000 (4.7% decrease)
Average sales price: $282,000 (7.8% decrease)
Total active listings: 238 (4.4% increase)
New listings: 47 (14.6% increase)
Month’s Supply: 5.1 (5.2% decrease)

Lumpkin County
Infographic - https://create.piktochart.com/output/32454427-400n-08_2018-lumpkin
Total single family home sales: 40 (4.8% decrease)
Median sales price: $199,000 (2.6% increase)
Average sales price: $210,000 (5.4% decrease)
Total active listings: 160 (9.1% decrease)
New listings: 28 (34.9% decrease)
Month’s Supply: 4.8 (13.9% decrease)

View Of Lake Lanier from FishTales Restaurant at 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.

Berkshire Hathaway HomeServices Georgia Properties 2018 Mid-Year Report / INNOVATE 2018

We hope you enjoy reading this Berkshire Hathaway HomeServices Georgia Properties 2018 Mid-Year Report. Our company is on a mission to redefine the real estate experience for our associates, clients, and employees. The theme at our Kickoff Event in January was INNOVATE. In 2018, we have seen the world of real estate changing at a faster pace and that presents a great opportunity!

Berkshire Hathaway HomeServices Georgia Properties 2018 Mid-Year Report 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.

Top 10 Advantages for Lake Lanier Real Estate Sellers Using Berkshire Hathaway HomeServices Georgia Properties

Top 10 Advantages for Lake Lanier Real Estate Sellers Using Berkshire Hathaway HomeServices Georgia Properties!

Top 10 Advantages for Lake Lanier Real Estate Sellers Using Berkshire Hathaway HomeServices Georgia Properties! 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.

Georgia Housing Market Snapshot For July

Georgia Housing Market Snapshot For July.  All information provided courtesy of the Georgia Association REALTORS®.

Key indicators for the Georgia housing market for July are in! The market has been hot this summer, with prices continuing to rise and a slight uptick in new listings.

• New Listings increased 4.4 percent to 15,708. 
• Pending Sales were up 6.8 percent to 11,949. 
• Inventory levels shrank 10 percent to 36,312 units. 
• The Median Sales Price increased 8.3 percent to $225,900. 
• Days on Market was down 8 percent to 46 days. 
• Months Supply of Inventory was down 15 percent to 3 months. 

Please click SlideShare below to view the full report for July.

Georgia Housing Market Snapshot For July. Gar mmi 2018-07 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.

Just Sold! Moving To Lake Lanier Was So Easy With This Immaculate, Move-In Ready Lake Lanier Waterfront Home In Forsyth County, Cumming, Georgia!

Just Sold!  Moving To Lake Lanier Was So Easy With This Immaculate, Move-In Ready Lake Lanier Waterfront Home In Forsyth County, Cumming, Georgia!  2525 Pilgrim Mill Circle is ready for immediate occupancy and lake living!

2525 Pilgrim Mill Circle, Cumming, GA. on Lake Lanier

Gorgeous Great Room!

Hardwood floors throughout the main level!

Completely renovated kitchen!

Fully remodeled bathrooms!

Look at this fabulous bedroom!

Screened Porch is so inviting!

Beautifully landscaped backyard!

Single-Slip Covered Dock!

Recently renovated with all of the latest goodies like hardwood floors, quartz and granite counters, tile baths, new tubs and vanities, new fixtures and more! Ranch style 3 bedrooms and 2.5 baths over a full finished basement! Covered porch on front with large deck and huge screened porch out back. Large, convenient, attached storage room for lawn equipment & lake accessories. Enormous circular brick driveway offers spacious parking for cars, boats, RV! Easy level access to the single-slip covered dock! Fantastic south Lake Lanier location!

More Details On The Sale:  www.LakeSidneyLanierHomes.com/5840032

Check out our full motion YouTube walk-through tour of this fabulous home!

Congratulations to the new buyer and to our happy seller clients!  Many thanks to Tara Bohanan of Keller Williams Realty Community Partners for her excellent representation of the buyer in the sale of this fantastic Lake Lanier home!

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.

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

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

Highlights: (compared to July 2017)

Forsyth County
Infographic - https://create.piktochart.com/output/31806467-400n-7_2018-forsyth
Total single family home sales: 458 (2.6% decrease)
Median sales price: $365,000 (7.4% increase)
Average sales price: $402,000 (9.2% increase)
Total active listings: 1,453 (1.8% decrease)
New listings: 486 (1.5% increase)
Month’s Supply: 3.8 (1.1% decrease)


Dawson County
Infographic - https://create.piktochart.com/output/31806525-400n-7_2018-dawson
Total single family home sales: 47 (0.0% change)
Median sales price: $271,000 (14.8% increase)
Average sales price: $341,000 (12.9% increase)
Total active listings: 246 (2.9% increase)
New listings: 56 (27.3% increase)
Month’s Supply: 5.3 (6.3% decrease)


Lumpkin County
Infographic - https://create.piktochart.com/output/31806576-400n-07_2018-lumpkin
Total single family home sales: 41 (28.1% increase)
Median sales price: $235,000 (19.9% increase)
Average sales price: $278,000 (27.5% increase)
Total active listings: 169 (4.0% decrease)
New listings: 43 (16.2% increase)
Month’s Supply: 5.1 (11.0% 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.