November 2015 Lake Sinclair Market Report

I was vacationing when the month ended, then a lot of catch up and then caught a cold, holidays... so I apologize for getting this report out later than normal, but here it is.

First we tied the same month for 2014 with 14 closings for the month.  We've had a great year getting some inventory off the books. At the current time we have 17 months of inventory. That's up from last month putting us still clearly in a buyer's market, but it's way down from long period where we had nearly 3 years worth of inventory. There are currently 238 homes for sale on Lake Sinclair. Pick your price range at LakeSinclairHomesForSale.com if you are in the market and would like an agent from Lane Realty to assist you in finding your perfect lake home.

Although there was a very low sales price in November the average price still went up.  Currently the average price per square foot is $117.  Some homes on better lots where more value is in the lot may average more, but that's an overall general average.

Days on the market was up a bit, but not a significant jump. One listing that had been on the market for 968 days closed.  Those listings tend to take the average up. Perhaps 2016 will be the year people either get serious with price or take them off the market.

 

706-485-9668  us on facebook

Tammy@Lake-Sinclair.com

Follow me on Google Plus for more information about Lake Sinclair and surrounding area news and events

(Click on Lane Realty Logo for web site)

Tammy Lankford, Broker/Owner

 

Broker License # 169695  Lane Realty License # H-11420

Call me today for all your Lake Sinclair real estate needs.

Subscribe to my Blog here!

 

We always have water at lake sinclair Lake Sinclair stays full even during droughts.  Click to read why and how.

 Search for homes on Lake Sinclair now

For readers who are not members of ActiveRain feel free to also add your comments or you can click on the EMAIL me link to the right of this blog and email me.  Thanks for reading.

All content belongs to me unless otherwise stated.  Do not use without permission.  Logos and photographs may also be copyright registered. Please do not use without my express written permission.

                                                                                                                  

          

Comment balloon 3 commentsTammy Lankford, • December 30 2015 12:16PM
November 2015 Lake Sinclair Market Report
share
I was vacationing when the month ended, then a lot of catch up and then caught a cold, holidays… so I apologize for getting this report out later than normal, but here it is. First we tied the same month for 2014 with 14 closings for the month… more
December Lake Sinclair market update
share
Well we're not having the December of 2014, but I think we're still ending the year on a good note. My office has had agents out the past three days showing lake homes. So far 11 Lake Sinclair homes have sold in December. Maybe a few more will sneak… more
Coming Soon! Hunting Cabin on 47 acres
share
Foreclosure in Washington County GA where there is excellent hunting. Has previously been used by a hunting club and is now bank owned. Not available to be viewed yet, but if you are interested and would like to be notified when this property is… more
Did you move in 2015? Don't forget to file homested exemptions
share
If you moved to Putnam County in 2015 and it's now your primary residence and you are not claiming homested exemptions anywhere else then you need to get on down to the Tax Commissioners office at the court house and file. You have to have moved in… more
The sun setting on my vacation
share
Like the sun over the pacific at Imperial Beach my vacation is coming to an end. It has been just an amazing 15 days so far. I'm ready to get back to work and I'm going to be sharing some photos and stories with you. I've missed ActiveRain. But… more