The Lake Hartwell market finished the year strong. Home sales were up 11% over Q4 2017, but the big story is that lot sales were up 237% over Q4 2017 and that was also the second most number of lots sold in any quarter over the last 10 years. The average lot price of $122k was up 3% over last quarter. 83 homes were sold with an average price of $360k, with the average price up 12% over last quarter. The number of available lots is down 11% from last quarter and the available home inventory is down 24%. The absorption rate is the number of months that it would take to sell the existing inventory at the existing rate of sales. While the absorption rate for lots is still high (plenty of inventory), the absorption rate for homes is at 7 months, which is very near a balanced market (6 months). With sales sure to pick up as warmer temperatures approach, there couldn't be a better time to let us help you find your spot on the lake.