July 2017 Market Report for Lake Martin - Lake Martin Voice - Lake Martin Real Estate - Waterfront Homes, Lots, Property For Sale

July 2017 Market Report for Lake Martin

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July 2017 Market Report for Lake Martin

July is always a big month in the Lake Martin waterfront real estate market. It makes sense, if you think about it. July is the middle of the summer and things are rolling. So how were sales in July 2017?

The monthly sales at Lake Martin in July 2017, were down from last year. This year we had 23 waterfront home sales as compared to 35 in July 2016. This includes the entire lake, all agents. So do you think that is bad – we are down 34%? Should we be ringing the alarm bell?

That is not the whole story.

If we look at waterfront sales Year-to-date at the end of July 2017, we see something different. Remember, this is all agents, all brokers, the entire market.  So far, as of July 31, 2017, we’ve sold 204 waterfront homes on Lake Martin. If we look at the same time frame in 2016, we see that the total was 184 homes sold on Lake Martin. So actually we’re up about 11%!

If you would like any more details of the market just give me, John Coley a call or text at the number at the top of this page!