2017 Lake Lanier Real Estate Market Update! It's A Bit Crazy!

2017 Lake Lanier Real Estate Market Update!  It's A Bit Crazy!

So far, for 2017, I think we can classify the waterfront home selling market here at Lake Lanier as "up and down".  It has truly been a bit erratic.  Take a look at the comparison chart below and you'll see what we mean.

Lake Lanier Home Sales Jan.-April 2017 Versus 2016 & 2017 from Arthur Prescott

If you are a Lake Lanier waterfront home seller right now, it's difficult to see where this market is heading.  We started out slowly in January and February.  We were revived in March, only to fall far short in April with a looming trend that doesn't look promising when compared to 2015 and 2016.  Is it the lake water level, interest rates, geopolitical concerns?  Who knows!  But for now, we are watching this closely and hoping for a March in May!

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.

Our Newest Lake Lanier Area Home For Sale Is This Beautifully Remodeled Home In Forsyth County, Cumming, Georgia!

Our Newest Lake Lanier Area Home For Sale Is This Beautifully Remodeled Home In Forsyth County, Cumming, Georgia!

As more Lake Lanier area residents decide to move to Lake Lanier and become full-time waterfront residents, we are often asked to sell their nearby homes.  Our most recent clients are in the process of moving into their new waterfront home, and they have listed their Cumming home for sale.  Take a look at this incredible home that offers so much for the money!

WOW! Meticulously updated and maintained, 4 bedrooms 3.5 bath home on a large, level, cul-de-sac lot in Haddon Hall! Upgraded to the hilt with hardwood floors, granite counters, upgraded kitchen, black appliances, upgraded baths, finished basement, shop area & so much more! Incredible outdoor covered porch, large deck, huge terrace level patio all overlooking a level, private back yard nicely landscaped with irrigation! This home is a 10++,  shows like a model and won't disappoint!!

Price:  $305,000
Click Here For The Complete Listing Details, Photos And Virtual Tour Of 4475 Fairfax Drive







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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Important Information If You Are Offering Your Lake Lanier Home For Rent Or Lease!

Important Information If You Are Offering Your Lake Lanier Home For Rent Or Lease!

If you are considering the option of putting your Lake Lanier home on the market for rent/lease, you need to watch this very informative video.  It touches on the most important steps to take prior to putting your home on the rental market.  These tips are critical!  Take a look!




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.

Congratulations To Our Clients On The Sale Of Their Waterfront Lake Lanier Lot At 6243 White Oak Drive, Flowery Branch, GA!

Congratulations To Our Clients On The Sale Of Their Waterfront Lake Lanier Lot At 6243 White Oak Drive, Flowery Branch, GA!

Here's what the new owners acquired....

Lake Lanier waterfront lot with 10 X 19 platform dock and shoreline steps in place!  Easy build site, partially wooded lot with a moderate slope, lake and creek views.  Excellent South Lake Lanier location on a quiet cove near Aqualand Marina.  Completed level three soil research and build plans included.  Many thanks to Mike Sherrard of Solid Source Realty for his representation of the buyers in the sale!

Sale Price:  $54,900

Lot Size:  0.27 Acre

Click Here To See All Of The Details Of This Lake Lanier Waterfront Lot Sale!

Click Here To See More Properties Like This One!

6243 White Oak Drive, Flowery Branch, GA. Lake Lanier Waterfront Lot With Dock

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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Immaculate Lake Lanier Waterfront Home For Sale In Forsyth County, Cumming, Georgia!

Immaculate Lake Lanier Waterfront Home For Sale In Forsyth County, Cumming, GA!

Our latest property listing is this immaculate Lake Lanier waterfront home! 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:  www.LakeSidneyLanierHomes.com/5840032

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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Preparing To Sell Your Lake Lanier Home? Here Are Some Things To Do!

Preparing To Sell Your Lake Lanier Home?  Here Are Some Things To Do As You Prepare To List Your Home! Accomplish These Actions Prior To Your Time To Close!

Preparing To Sell Your Lake Lanier Home? Here Are Some Things To Do As You Prepare To List & Close! 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.

Preparing Your Lake Lanier Home For Sale! A DIY Guide!

Preparing Your Lake Lanier Home For Sale! A DIY Guide! How to prepare the exterior and interior of your home in order to make it staged and ready for showing.

Preparing Your Lake Lanier Home For Sale! A DIY Guide! 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 Waterfont Homes For Sale...Could The Market Be Slowing? Are Prices Peaking?

Lake Lanier Homes For Sale...Could The Market Slowing?  Are prices peaking?

Here's a little data that we collected this morning from FMLS and our quick thoughts on what we found...

1. Only 236 Lake Lanier waterfront homes listed as "Active" and for sale.  That is not much inventory for a strong Spring market.
2. Average list price was an eye-popping $841,185 and the Median list price was $657,500.

This is clearly a case where we need more inventory of homes to sell, especially in the $400,000 to $500,000 price range where we often see second-home buying activity.  Generally, when we see limited inventory, we also see a climb in list prices.  But how far are the prices going to climb before we see sales start to slow and fall off?  If you have a Lake Lanier waterfront home that you are considering selling, these stats might be a sign for you to jump in and get your home on the market while competition is limited and prices are up.

Just a few thoughts this morning.  Enjoy your Sunday at the lake!

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 March 2017 Mapped! Here's Where The Homes Sold Last Month!

Lake Lanier Home Sales March 2017 Mapped!  Here's Where The Homes Sold Last Month!

Lake Lanier Home Sales March 2017 Mapped 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 Home Sales For March 2017! Let's Check The Sales Trends!

Lake Lanier Waterfront Home Sales For March 2017! Let's Check The Sales Trends!



The numbers are in for Lake Lanier home sales for the month of March 2017! 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:  42

The highest home price sale was $1,190,000

The lowest home price sale was $175,000

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

The average build date was 1990

The average original list price was $578,534

The average list price after price adjustments was $567,051

Average sales price was $545,004

Sales price vs original list price ratio came in at 94.79 %

Average total days on market was 95

Lake Lanier Waterfront Home Sales Market Analysis March 2017 from Arthur Prescott

Lake Lanier Waterfront Homes Sales Listings March 2017 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.