Lake Hartwell Home Sales improved 78% over 2009. That’s a strong indicator that we’re moving in the right direction. In my opinion, this increase can be attributed to the Lake being close to full pool and more Buyer confidence in the market. Average Sale prices have decreased by approximately 10% with most buyers still looking in the $200,000 to $350,000 range. As you review the actual sold listings, you’ll see that many of these were tremendous deals, and they include Bank Owned Lake Hartwell Foreclosures and other Distressed Properties.

Here are statistics for the 2010 “waterfront” Real Estate activity on Lake Hartwell. This list does not include condos and townhomes (source: SC Western Upstate MLS and does not include FSBO and non Upstate MLS listings):

                                          2010           

 Homes Sold –             114                                                                    

            Average Days on the Market –                       181                 

            Average List Price -                                   $356,922             

            Average Sale Price -                                   325,395             

            Sale vs. List Price –                                     91.2%             

Note: List Price is the last price reflected in the MLS listing and may not be the Original List price. Also, some properties may have been listed multiple times.   

            Current Active Listings -                                 342                

            Current Homes Pending (under contract) -          19

 

If you’d like to receive an actual list of Lake Hartwell Real Estate (Waterfront Homes sold in 2010), please click on the link below or email Jay Hufnagel, Keller Williams Realty, at sayjay@bellsouth.net.

Click here for Homes Sold and Under Contract

 The time to buy lake property is now ….”they’re not making any more of it”.   

 

By: Jay Hufnagel, Keller Williams Realty, Lake and Home Group, 770-757-2799, just “Say Jay” for Real Estate