Lake Burton Trends & Trades 2010

Fall is right around the corner and we are having a great selling season! We have had 13 sales since January 1st and 4 under contract. With 95 waterfront listings, there is something for everyone- Lake Burton offers a unique opportunity to be on one of the most beautiful lakes in the Southeast- For those of you who have been looking this summer, now is the time to make an offer on your favorite Lake Burton Home!

To Quote from a recent Lake Burton Buyer:

"We are having a ball on your lake! We love it so much-and so much more even than we thought we would! We knew we'd love it- but there keep being so many hidden bonus surprises! We love "Homespun" and enjoy every minute we are there. The girls are so free and happy and it is the best escape and return to nature that we could dream of!

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 July 7, 2010

Under $1,000,000	22
$1,000,000-$1,500,000	22
$1,500,000-$2,000,000	15
$2,000,000-$3,000,000	13
Over $3,000,000	23
Total	95

Pending

229 East Wildcat			$3,395,000
322 Albany Lane			$1,350,000
840 Moccasin Creek			$995,000
4170 Highway 197			$799,500

Closed 2010

308 Timpson Cove $550,000/$495,000

4138 Hwy 197 $799,500/ $500,000

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

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

110 Mathers Lane $943,000

18 Chiggerchaw Ridge $1,160,000/$1,085,000

2778 Moccasin Creek Rd. $1,750,000/$1,150,000

4242 Hwy 197 $1,495,000/$1,151,211

94 Lynchburg $1,695,000/$1,250,000

3702 Meeting House $1,800,000/$1,450,000

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

1034 Moccasin Creek $4,395,000/$3,800,000

24 Dakota

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.