Thanks to recent rain, the lake level is only about 9 feet down from full pool and rising. And, like the weather, lake property buyers are warming up and getting more serious about their search. This is welcome news and hopefully the start of a great trend.
 
Here is the 2008 First Quarter “waterfront” Real Estate activity on Lake Hartwell (source: SC Western Upstate MLS and does not include FSBO and non Upstate MLS listings):
 
Homes Sold (excludes Condos/Townhouses) – 16
            Average Days on the Market – 139
            Average List Price - $507,230
            Average Sale Price - $475,406
            Sale vs. List Price – 93.4%
            Current Homes Active on the Market – 288
            Current "Under Contract" - 7
 
 
Waterfront Lots Sold - 7
            Average Days on the Market – 161
            Average List Price – $327,128
            Average Sale Price - $286,428
            Sale vs. List Price – 87.6%
            Current Lots Active on the Market – 170
            Current "Under Contract" - 5
 
The time to buy lake property is now ….”they’re not making any more of it”.