LAKE BURTON SALES RECAP FOR 2011

• 25 homes were sold in 2011. 
• There have been, on average, 29 homes sold per year over the past 10 years. 
• The average sales price in 2011 was $1,624,864, up from $1,426,300 in 2010. 
• The average number of days on the market for homes that sold in 2011 was 586. 
• The highest sales price in 2011 was $4,300,000. Harry Norman Realtors was involved in 68% of the transactions. 
• The closest other agency was involved in 36% of the transactions. 
• In 2011, THE LAKE TEAM was #2 in sales on Lake Burton.

LAKE RABUN SALES RECAP FOR 2011

• 12 homes were sold in 2011. 
• There have been, on average, 11 homes sold per year over the past 10 years. 
• The average sales price in 2011 was $1,265,416, up from $1,124,333 in 2010. 
• The average number of days on the market for homes that sold in 2011 was 561. 
• The highest sales price in 2011 was $3,750,000. 
• Harry Norman Realtors was involved in 58% of the transactions in 2011. 
• The closest other agency was involved in 41% of the transactions. 
• In 2011, THE LAKE TEAM was involved in 50% of the transactions. The next closest agent was involved in 25% of the transactions.

This home on Lake Burton, listed by The Lake Team, sold yesterday to a Lake Team client. The home was listed for $1,895,000. At the request of the Buyer and Seller, the sales price is confidential.

This home on Lake Rabun listed by The Lake Team, sold yesterday for $690,000.

Lake Rabun Opportunity

This fantastic gated compound on Lake Rabun has just been reduced to $2,900,000. This 2 acre, fee simple property, includes three living structures and a tennis court.

First Half of 2011 Finishes Strong

For the first half of 2011, there have been 24 lake home sales. For the same period in 2010, there were only 14 lake home sales. A 70% increase in sales for the first half of the year is definitely encouraging. Historically, the summer is a slower period for lake sales and the heavy selling season typically begins in early August, so hopefully this year will end up very strong!

New Listing on Lake Rabun

Just listed by The Lake Team for $1,285,000. This spacious home is right on the water and ready to move in to enjoy the summer.