Lake Sinclair market report April 2016

I'm really behind on my market reports, but working toward analyzing the data to get them done this week. 

April wasn't a great month, but to date it was the best in 2016 which is typical that when spring arrives so do weekend/vacation home buyers at Lake Sinclair. 14 waterfront homes closed in April. 5 Homes were manufactured, 8 were site built and 1 was a modular. Up just one sale from March and down three from the same period last year.

The overall average price was $215,358. Median average was $190,250. The manufactured homes average was $121,302 and the site built average was $275,563.  Average overall price per square foot was $121, for manufactured homes was $96 and site built homes was $131.

Average price was up from March 2016, but still down from January 2016.

Days on the market average fell for the 4th straight month. This is the best sellers news through April of this year.  Overall the average was 111 days on the market. This largest difference between manufactured homes and site built homes comes in the days on the market.  Manufactured homes were on the market an average of 207 days while site built homes were on the market an average of 35 days.

 

 

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 10 commentsTammy Lankford, • July 16 2016 11:39AM

Comments

Tammy, These are some nice looking market reports on Lake Sinclair.  I bet sellers are very please with those days on the market. Happy Selling!

Posted by Jerry Newman, Texas REALTOR, San Antonio Military Relocation (Brown Realty, 210-789-4216,www.JeremiahNewman.com) over 2 years ago

The thing your market reports about Lake Sinclair show over and over, Tammy, is how incredibly affordable lakeside living is in Georgia, or at least in your beautiful neck of the woods.

Posted by Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents, Put 40 years of experience to work for you (Lyon Real Estate) over 2 years ago

Tammy Lankford, Thank you for taking the time to prepare and share this information. 

Posted by Jim Crawford, Jim Crawford Atlanta Best Listing Agents & REALTOR (Crye-Leike REALTORS®) over 2 years ago

Buyers clearly are making a statement they like site built homes better and are snatching them up pretty quickly.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) over 2 years ago

Tammy

thanks for sharing the April 2016 real estate market report for Lake Sinclair, Georgia.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) over 2 years ago

You always provide good information about your real estate market.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) over 2 years ago

Interesting graphs - looks like 2015 was a crazy year and even though prices are down now, homes are selling fast.

Posted by Wayne and Jean Marie Zuhl, The Last Names You'll Ever Need in Real Estate (Samsel & Associates) over 2 years ago

I love the photo behind your market report graph area. Now, everyone elses reports look Blah-zay including mine. LOL

Lauren Selinsky

Posted by Lauren Selinsky Broker CRS, "Your California Real Estate Broker" TM #oclauren (California Coastal Estates) over 2 years ago

Aloha Tammy, whats your opinion of the Manufactured and Modular homes? Is the savings in price per square foot worth it in regards to quality, design, and function?

Posted by Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i (HI Pro Realty LLC RB-21531 ) over 2 years ago

Tammy,

 Great report on lake Sinclair homes, with those sunsets no wonder people come from all over! Have a great week!

Posted by Yolanda Cordova-Gilbert about 2 years ago

Participate