Are you curious what has been selling on Lake Lanier?  So far this year, 36 waterfront homes have sold, and 22 are currently under contract (out of 458 homes active on the market). As you can see by the link below, the majority of the activity is below $450,000, with some great deals around $300,000. It’s interesting to compare the “original” list price to the actual “sale” price. As you can see, there’s quite a difference.

2010 Lake Lanier Real Estate (Waterfront Home Sales)

Buyer Full Report
       CMA Buyer

How has Lake Lanier waterfront lots fared? 2 waterfront lots have sold and 4 are under contract (out of 130 lots active on the market). Buyers are finding that they can get such a great deal on resale homes right now with great interest rates, that buying a lot doesn’t make that much sense to them, unless they’re getting a great deal or want to build right away.

2010 Lake Lanier Real Estate (Waterfront Lot Sales)

Buyer Full Report
       CMA Buyer

Whether you’re buying a home or lot, “now” is a wonderful time to buy. Either way, please let me know how I can help. 

Note:  Source is FMLS. The statistics above do not reflect For Sale by Owner (FSBO) activity or non FMLS listings.

By Jay Hufnagel, Keller Williams Realty Atl Prtnrs, Lake and Home Group, www.SayJayLakeandHome.com  , 770-757-2799.