Posted on October 19, 2017 - 09:16 AM
by Tom Miller
Third quarter sales of Lake Hartwell properties were down over last quarter and over third quarter of 2016. Average sales prices were steady, however, with 76 homes being sold at an average price of $349,830, and 20 vacant lots sold with an average price or $143,170. Due to a reduction in the number of available homes, the absorption rate was only up slightly to 11 months. The absorption rate is the number of months it would take to sell the existing inventory at the existing rate of sales. A balanced market is 6 months, so today's buyer still has the opportunity to pick up a great property at a great price. Give us a call so we can help you find your spot on the lake.
Copyright 2019 Georgia MLS. All rights reserved. Information deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Keller Williams Lake Hartwell are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing broker. Information provided is for consumer\'s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Keller Williams Lake Hartwell does not display the entire MLS database on this website. The listings of some
real estate brokerage firms have been excluded. This site will be
monitored for \'scraping\' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate, is prohibited. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-02-17.
Copyright 2019 Upstate Multiple Listing Service, Inc. All rights reserved. Information deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Anderson Association of REALTORS®, Inc. and Upstate Multiple Listing Service, Inc. Information provided is for consumer's personal, non-commercial
use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate, is prohibited. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-02-17.
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