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Slow start to 2015 for closings Lake Sinclair- Georgia

By
Real Estate Broker/Owner with Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 GREC# 169695

Only two waterfront properties have closed so far in January 2015, but with 15 Lake Sinclair properties pending I expect the number to go up significantly before the end of the month. The average list price of the pending homes is $218,000 so I also expect the price to go up with more closings.

 

 

 

 

 

 

The good news is I also expect the day on market to be down for the month as well.  Several of the pending homes went under contract in just a few days.  Look for my full January report about mid February and tomorrow I'll post the results for 2014.  But just a hint... we saw improvement.  Not huge, but still we went in the right dirction.

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Tammy@Lake-Sinclair.com

(Click on Lane Realty Logo for web site)

Tammy Lankford, Broker/Owner

 

Broker License # 169695  Lane Realty License # H-11420

Real Estate Instructor License # 355089

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Comments (10)

David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

Yeah definitely too early to see any real picture as its only the 13th and with the holidays things are just moving along right now so I do agree end of month should be a little crazy with lots of sales

Jan 13, 2015 11:53 AM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Tammy Lankford it seems it's just a seasonal - specially after the holiday season, this is bound to happen.

Jan 13, 2015 12:19 PM
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

It is winter in New England and things tend to be slow in Jan.  We will see how next month rolls out.

Jan 13, 2015 12:23 PM
Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

Good evening Tammy.  15 pending!  That is fantastic.  A great start for the area in 2015.  Mark

Jan 13, 2015 12:28 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Tammy

We seem to be seeing more activity although the inventory has not really shifted much. December was actually a good month in many communities, with more sales than in November for most of the areas I service in San Diego

Hope things continue in a positive direction

Jeff

Jan 13, 2015 12:39 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Tammy. I'm sure the numbers will continue to get stronger throughout 2015. Nice job sharing the snapshot of you market.

Jan 13, 2015 05:42 PM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Tammy, a slow start may be an indication you need to lace up your track shoes for a fast finish! Enjoy your day!

Jan 13, 2015 07:00 PM
Joy Daniels
Joy Daniels Real Estate Group, Ltd. - Harrisburg, PA

15 Pending - that's a lot!!  :)  I hope a lot of them are your's.  I am wishing you the best in 2015!!  

Jan 14, 2015 01:35 AM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

I agree with Joy, 15 pendings for the month so far is fantastic. A good start for 2015.

Jan 14, 2015 02:12 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

That is sure a good sign of things to come in 2015. Keep telling people that things are good and they will believe it.

Jan 14, 2015 10:26 PM