January 2018 Recap
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The lake market has reached record numbers in January. Over $12 million in Rabun County lake home sales were recorded during the month. Historically, January is slow, and these sales could bode well for the next eleven months. There are still five lake homes pending sale that will close in the next 30-45 days, and if the weather grants us a break, we will see buyers continue to pursue lake homes for the coming spring season.
“Every rose has its thorns”…..inventory of existing lake homes for sale is experiencing a decrease overall, and that may have an impact on potential buyers for the rest of 2018. Economic indicators, a booming stock market, and increasing home prices in the Atlanta market will hopefully continue to be the tonic for a continued upward surge in the Rabun County lake market.
If you are contemplating selling your home, please click here for information on our approach to selling a lake home. We would be grateful for the opportunity to prepare a comprehensive market analysis of your property. The Lake Team continues to be one of the market leaders in listing and selling Rabun County lake homes.
SALES SNAPSHOT
LAKE BURTON
January 2018 was also an excellent month for the Lake Burton home market. With approximately $11 million in sales during January, the year is off to a fantastic start. The Lake Team represented the seller of a $3 million home listed on Blalock Goldmine Road and our Team also has another $2.6 million home under contract.
If you are thinking of selling, we think that 2018 might be the best time over the past 10 years to consider marketing your home. Please give us a call if you would like a market analysis to determine value and marketability.
LAKE RABUN
January 2018 was extremely good for the Lake Team and Lake Rabun. Of the three homes that were sold on the lake, The Lake Team was the listing agent, and we also were fortunate enough to bring the buyer to the closing table. We take this opportunity to welcome three new families to the lake!
The home inventory on Lake Rabun continues to decline to levels that have not been seen for many years. If you are considering a sale, this is a great time to sell your home. Please arrange with us for a personal market analysis of your property.
SEED LAKE
During January, Seed Lake has already seen one property go pending. The Seed Lake market offers some great values and should not be overlooked.
If you are thinking of selling, this is a great time as buyers are intrigued by the charms and price points of Seed Lake. Please give The Lake Team a call for a market analysis of your home.
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