Lake Martin waterfront sales surged in July.The Lake Martin MLS* shows 15 closed sales in July, up from 7 in June, and 36% greater than July 2007 sales of 11.
Is this the rally point Lake Martin sellers have been praying for? Will this surge carry into August and the fall? Only time will tell.
Buyers of Lake Martin real estate don't need to worry, there are plenty of properties still for sale. Even though the number of waterfront homes sold rose, so did the "active listings" aka homes that are "For Sale" rose also. The active listings in July 2008 was 527 as compared to 510 in June 2008.
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