Lake Sinclair mid July market update 2015, how's it going?

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

I expect that June wasn't just a fluke. I think that we can expect "similar" numbers at the end of this month. At the half way point we're reporting just under 1/3 of the totals of June, but the price is slightly higher. The days on the market are up again, but that also means that some of those lingering listings are getting off the market. The high DOM was 973. Nope, not kidding, it was on the market for more than two and half years.  The great news is the low DOM was 4 and also the % of Sold to List price has climbed again to an average of 95.93% which is great.  So can we close another 21 listings to tie the number that sold in June?  I'm betting yes.

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Rainmaker
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Hang in there and keep doing what you do. As generic as that sounds, I mean every word. Love and light. :)

Jul 15, 2015 03:04 PM #1
Rainmaker
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I think you should be climbing by September in the rice so to speak. Again, love and light! :)

Jul 15, 2015 03:08 PM #2
Rainmaker
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I agree that June could have been a fluke in all honesty in the broadest sense.

Jul 15, 2015 03:10 PM #3
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Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Tammy Lankford  I always look at the trends and three to four months gives us a better feel which the media does not share...Look at my Market Report in Marina Del Rey,CA one month was out of line for the 12 months...look forward to your next report, Endre

Jul 15, 2015 03:35 PM #4
Rainmaker
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Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Tammy. Nice job with your report,enough detail for a prospective seller to know that you should be contacted.

Jul 15, 2015 07:59 PM #5
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thanks for the information. I can't imagine a home being on the market for 973 days.

Jul 15, 2015 08:17 PM #6
Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Tammy, a climbing sales price to list price ratio is a great indicator of an improving market. Enjoy your day!

Jul 15, 2015 08:19 PM #7
Rainmaker
4,797,361
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Tammy.  Thanks for the update for the Lake Sinclair real estate market.

Jul 15, 2015 09:47 PM #8
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Our list to sale price is very similar to yours Tammy. Prices are strong and successful buyers have to come to the plate ready to pay.

Jul 15, 2015 11:16 PM #9
Rainmaker
920,312
Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

I'll bet that you do break the June record. 973 days for a listing might be the most I've seen in several years. Do they really want to sell?

Jul 16, 2015 01:30 AM #10
Rainmaker
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Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Tammy, I can't understand why any seller or Realtor would want a listing to linger for that long. Great, detailed report

Jul 16, 2015 01:38 AM #11
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Laura Cerrano while I hope we have an above average September this year I really hope things will slow down a little. A girl is tired.

Endre Barath, Jr. me too on my full month report.  This is just a mid month "are we where we are supposed to be?" update

Joe Petrowsky we do have listings moving right now.  In less than 900 days I might add.

 

Jul 16, 2015 03:26 AM #12
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Broker GA Lake Sinclair/Eatonton/Milledgeville
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