March Lake Sales
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Rabun County Lake
1 April 2018 - 13:51, by , in Uncategorized, Comments off

March ended with a flurry of activity for the Lake Team. So far in 2018, we have closed six lake homes and have three more pending sale. We are working hard with many buyers to find the perfect spot in time for the summer. As June and July are traditionally the peak months for closings, we expect the activity to continue through May before slowing down in preparation for the busy selling months of August through October.

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
Lake Rabun
Seed Lake
2015 Sold
39
27
1
2016 Sold
40
25
2
2017 Sold
40
13
9
2018 Sold
9
5
0
Pending Sale
7
1
2
Active 71
25
7
Average Days on MKT
1002
908
1614
2017 Median Sale Price
$1,300,000
$810,000
$549,028
2018 Median Sale Price $1,750,000
$905,000

LAKE BURTON

Within the past month, several homes have gone under contract on Lake Burton. In 2017, seven homes had sold by the end of March, compared to nine for 2018. Of the seven pending sales, ALL have been on the market for over three years. The older inventory is being cleared out, and we are seeing multiple offers on newer listings with some going under contract very quickly.

We have now sold over 58 homes on Lake Burton. To celebrate, we are inviting all of our Lake Burton buyers to a cocktail party at LaPrades Marina on June 9th to meet one another. If you bought your home with the Lake Team, please save the date!

If you are thinking of selling, we believe that 2018 might be the best time over the past ten 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

Lake Rabun inventory is meager at the moment, while sales remain strong. In 2017, only one home had sold by the end of March, compared to five for 2018. There are just nine lots/tear downs for sale and only 16 homes ranging from $499,000 to $1,695,000 for purchase. The Lake Team needs more listings as demand is strong for this beautiful lake!

We have now sold over 75 homes on Lake Rabun. To celebrate, we are hosting a party for all of our Lake Rabun buyers on June 3rd to meet one another. If you bought your home with the Lake Team, please save the date!

SEED LAKE

Seed Lake has two properties pending sale and only seven remaining for sale. The Seed Lake market offers some great values and should not be overlooked.

If you are thinking of selling, this is an excellent 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.

We have now sold over 10 homes on Seed Lake. To celebrate, we would like our Seed Lake purchasers to join our Lake Rabun purchasers at a party on June 3rd to meet one another. If you bought your home with the Lake Team, please save the date!
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Why Work With Us?

  • SERVICE
  • Our team of five full time REALTORS provides the highest level of service for buyers and sellers in the area. We strive to go above and beyond the average to ensure our clients have what they need. We are there before, during, and after the sale.
  • KNOWLEDGE
  • With a combined 48 years of real estate sales experience we understand and share our vast knowledge of the lake market so you can make informed decisions when buying and selling.
  • TOOLS
  • Our proprietary database allows us to track current and historic trends such as values, marketing times, and inventory.
  • Our customized website is continuously optimized for performance so that we rank at the top of internet searches
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  • RESULTS
  • Over the last 11 years The Lake Team has been involved in over $270,000,000 in sales on area lakes representing 93 sellers and 107 buyers of lake homes. This comes from a commitment to the highest level of quality service to our buyers and sellers.
  • We are proud of our reputation with both sellers and buyers and would be happy to provide recent references. Please see our   testimonials page to see what our clients are saying about us!