Lake Martin Topics: That would be great info..
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Name:
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John C
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Subject:
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That would be great info..
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Date:
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3/15/2007 1:02:59 AM
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Let me again preach caution of trying to draw too many conclusions on looking at only 2 months' sales data. December and January are traditionally the two slowest months in the market. It is like taking a picture and timing the fractions of the 2nd furlong of the Kentucky Derby - with 1 more mile in the race left to run - and trying to tell how every horse will run the entire race. Just for the record, I would give a similar warning if you asked about the two hottest two months of the year. Same thing - it is only a snapshot, and not a fair picture of the market in general, IMHO.
That being said, for informational purposes only, in January 2007 zero waterfront lots closed. In December 2006, 3 closed for an average of about $300,000. In January 2007, 1 condo closed at about $275,000. In December 2006, 2 condos closed for an average of about $240,000. No leased lot waterfront homes closed during the two months.
URL: Lake Martin Voice
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