Lake Sinclair Blog

If you are thinking of purchasing lake property in Georgia, don't do it until you check out lake sinclair. www.lake-sinclair.com

Lake Sinclair - 2012 1st Quarter Market Report

Well on the last day of the Quarter I'm looking at the numbers and I have to say that I'm a little disappointed.  The market feels better than what the numbers are showing. And when you dig a little deeper maybe it is better.

28 Total Lake Sinclair homes sold in the 1st Quarter of 2012 compared to 21 in 2011

The average sales price is down from $230,985 (2011)  to $209,770. (2012)

The average DAYS ON MARKET is also down from 233 in 2011 to 181 in 2012.

 

So it's only taking about 6 months to sell this year as opposed to almost 8 months for the same period last year.  But of course averages don't always tell the whole story.  Last years data shows the least days on market for a sale in the first quarter was 72 and only 2 sales were under 90 days on market.  In 2012 there were 7 sales with less than 90 days on the market with one being only 7.  I certainly see that as a sign of encouragement. 

If you'd like to be in a Lake home by summer, call me, there's still time and there are still lots of good deals available on Lake Sinclair.

Take this beautiful log home at KingsPointe for example.  It's now priced below assessed value at just $429,000.  It offers water views from every room in the house, a two car garage, a boathouse, dock and a level lot for just $429,000.  Visit our web site Lake-Sinclair.com for details.

Of course as members of the local Multiple Listing Service we can show you homes listed by other companies as well.  We offer buyer representation, so give us a call today if you want an agent working for YOU. You shouldn't buy a home without an agent who is on YOUR side, working for you to get you the best deal possible.

 

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.

                                                                                                                  

          

7 commentsTammy Lankford • March 31 2012 12:29PM
Lake Sinclair - 2012 1st Quarter Market Report
share
Well on the last day of the Quarter I'm looking at the numbers and I have to say that I'm a little disappointed. The market feels better than what the numbers are showing. And when you dig a little deeper maybe it is better. 28 Total Lake… more