Lake Burton Sales Review

For 2010, there have been 12 homes sold and there are another 2 under contract.  2010 is looking to be a better year in terms of sales.  The $1.5m to $2m price point has not seen a sale since 2008.  This was the strongest price range for 2008, so it is curious that there have been no sales in this range for 2009 and 2010.    We are a ways from reaching the peak of 2007 in terms of the number of homes sold, but we will have more homes sold above the $3m price point this year than in any of the previous years.