Lake Nottely (Blairsville, GA) Sales Statistics

This is a more detailed report to follow up with my previous post regarding Lake Nottely Sales in Blairsville, GA.

 

Have you been wondering what is going on with Lake Nottely Sales??

Here are some sales statistics that I thought you might find interesting. Please feel free to contact me if you would like more information.

 

LAKE FRONT HOMES

 

Residential Sales 2010- 9 SOLD Listings - 3 were foreclosures - 215 average days on market

 

                       Average            Median           Lowest              Highest

List Price        $365,633         $360,000        $174,500         $650,000

Sold Price      $354,000         $336,000        $137,000         $642,396

 

Price Differential: Sold to List 96.82%     Sold to Original 76.77%

 

Residential Sales 2011- 22 SOLD Listings - 3 were foreclosures - 239 average days on market

 

                           Average             Median                Lowest            Highest

List Price            $401,914          $346,450             $200,000        $699,500

Sold Price          $365,559          $327,500             $195,000        $660,000

 

Price Differential: Sold to List 90.95%    Sold to Original 77.45%

 

 

Residential Sales 2012- 2 SOLD - 1 was a foreclosure - 61 average days on market (this is deceiving because one of the homes has been on the market for a few years, it just happened to have a new MLS number because it was recently relisted)

 

                           Average             Median               Lowest            Highest

List Price             $641,950           $641,950           $509,000        $774,900

Sold Price           $687,500           $687,500           $425,000        $950,000

 

Price Differential: Sold to List 107.1%    Sold to Original 107.1%

 

 There are currently 3 PENDING Residential SALES on Lake Nottely for 2012, listed at $280,000 (home with acreage, but questionable lake frontage), $339,000 (cabin off of Cozy Cove Rd/Shore Acres) and $565,250 (foreclosure).

 

 

 

 

LAKE FRONT LOTS

 

 

2010 Lake Front Lot Sales- 7 SOLD - 2 were foreclosures - 354 average days on market

 

                                        Average            Median                Lowest           Highest

List Price                          $271,000         $269,000          $150,000        $425,000

Sold Price                        $225,714         $260,000          $140,000        $300,000

 

Price Differential: Sold to List 83.29%      Sold to Original 73.29%

 

 

2011 Lake Front Lot Sales- 11 SOLD - 5 were foreclosures - 282 average days on market

 

                                            Average            Median             Lowest            Highest

List Price                              $170,045           $149,000         $84,000           $400,000

Sold Price                            $125,051           $85,714            $64,286           $335,000

 

Price Differential: Sold to List 73.54%   Sold to Original  62.5%

 

 

2012 Lake Front Lot Sales- 1 PENDING Sale listed at $165,000

 

 

 

* The above information was obtained from MLS Listing Data provided by the Northeast Georgia Board of Realtors. It is deemed reliable, but is not guaranteed. :)

 

 

 

Please feel free to contact me for additional information. If you know someone who may benefit from this information, please feel free to pass it along.