Lake Burton Trends & Trades 2010

Welcome to 2010! We had a very slow 2009 but market indications look like we may have bottomed out and are on our way up again- We are starting 2010 with four lake homes pending, three sales and quite a few possible Buyers. If you have been waiting for just the right moment, now is the time to start looking seriously so that you can be on the lake by spring.

Give me a call at 404-697-3860 if you want to talk about the market!

Solds	2006	2007	2008	2009
Under $$1,000,000-	4	7	10	4
$1,000,000-$1,500,000	12	11	7	5
$1,500,000-$2,000,000	5	8	10
$2,000,000-$3,000,000	4	7	6	1
Over $3,000,000	1	2		2
Total	26	35	33	12

Current Lake Burton Waterfront Listings as of January 8, 2010

Under $1,000,000	16
$1,000,000-$1,500,000	18
$1,500,000-$2,000,000	15
$2,000,000-$3,000,000	15
Over $3,000,000	15
Total	79

Pending

1034 Moccasin Creek			$4,395,000
94 Lynchburg			$1,695,000
18 Chiggerchaw Ridge			$1,160,000
3702 Meeting House			$1,800,000

Closed 2010

5393 Murray Cove Rd. $579,900/ $525,000

3999 Laurel Lodge Rd. $2,950,000/ $2,448,000

111 Cavalier Cir. $875,000/ $800,000

Closed 2009

672 Murray Cove Rd.	$ 750,000
492 Meeting House Mountain Rd.	$ 895,000/$ 840,000
805 Wildflower Trail	$ 995,000/$880,000
2162 Moccasin Creek	$1,195,000/$950,000
2940 Moccasin Creek	$1,500,000/$1,100,000
Lot 243 Cody Lane	$1,100,000
81 Pepe	$1,575,000/$1,200,000
370 Weatherly Rd.	$1,400,000/$1,250,000
546 Deer Hill	$2,100,000/$1,390,000
4060 Meeting Houst Mtn	$2,995,000/$2,700,000
Whistle Stop	$4,200,000
27 Brady Lane	$5,995,000/$4,600,00

The information contained herein is based on public records and is deemed accurate but is not guaranteed. The list includes all sales indicated by public records for Lake Burton including those homes sold through our MLS service and some sold by individual owners. There are some sales that slip under my radar.