‘2008 was the peak summer,’ quoted a leading Lake Burton agent. In summer of 2008, according to GAMLS, there were 11 homes sold on Lake Burton, with sales prices ranging from the $820,000’s to a high of $2.6 million. This does not include any private transactions that may have occurred.
And then activity stopped only to slowly begin picking up recently.
In 2009, there have been 5 sales on Lake Burton – 2 shown in GAMLS and 3 privately. In addition there are two sales pending.
The good news is that values are strong with a drop of potentially only a few percentage points.
There are a number of homes currently for sale – approximately 84, as of July 30, 2009. Listing prices range from just under $800,000 to a high of just under $9 million.
Tell your friends that now is the time to buy a place at the lake. I’ll pick you up by boat and we’ll find you the lake house of your dreams.
Ann Hopkins
REALTOR®
Atlanta Fine Homes Sotheby’s International Realty
c 678-457-0717 d 404-924-6798
t 404-237-5000 f 404-974-4347
Ann@atlantafinehomes.com