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How's the Lake Sinclair market in March 2015?

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

The first half of  March is over and the numbers are in... number closed on target at 7 with the second half of the month usually being heavier than the first half and the days on the market is around the same as February.  Average and median price are both lower than last month as a forecloser sold for $65,000. Not typical and hopefully the sales between now and the end of the month will bring that average back in line with where it was in February. 

Sometimes agents are slow to report to the MLS closings so I will report on March final numbers sometime between April 10th and the 15th.  Sometimes I have information about a closing that I am waiting to show up in the MLS and I try to make sure it gets in before I pull the report. Typically there are more closing toward the end of the month than any other time.  Perhaps I'll write a post explaining why. 

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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 (3)

Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Tammy Lankford ....we will stay tuned for the most up-to-date report!

Have a great night!

Mar 16, 2015 09:40 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Tammy Lankford 

You've provided some great market data and it's clear you are the person to talk with regarding Lake Sinclair real estate. We see delays in reporting data, too, especially at the end of the monht - I usually wait for 4-5 days before looking at the stats to get those last minute closings from the prior month.

Hope things continue to improve!

Jeff

Mar 16, 2015 10:11 AM
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

Thanks for this clear report on this area of your market, Tammy. On Kauai we have sellers and buyers from every state and this post helped me get a better sense of what’s happening in your region. 

Mar 16, 2015 07:52 PM