Annual Market Analysis For Lake Lanier Waterfront Lots

Our market analysis is generated at the beginning of each month.  It is designed to show you Lake Lanier residential, waterfront lot sales statistics.  Each month, we search the First Multiple Listing Service for lot sales (closings) based on the following criteria:

Area:  All counties with frontage on Lake Lanier.  Specifically Forsyth, Dawson, Lumpkin, Hall, and Gwinnett counties.

Status:  Sold (Closed Transactions)

Dock:  Our searches scan for residential,waterfront lots that have some form of dock in place.  Docks can be minimal or elaborate, inexpensive or expensive.  The analysis includes properties with single slip, double slip, triple slip, or platform docks that are in place and advertised in the listings as part of the sale.  If there is a permit for a dock, but no dock in place, the property was not included in the analysis.

Lake Frontage:  The property must be a residential, developed, waterfront lot on Lake Lanier as described as lake frontage in the First Multiple Listing Service.

This market analysis is deemed to be accurate, but is not warranted.  It is meant to give a general idea and overview of the current market for residential, waterfront lots on Lake Lanier.

Lots Sold:  3 (2008)  8 (2009)  7 (2010)  6 (2011)

Average List Price:  $361,333 (2008)  $355,462 (2009)  $334,771 (2010)  $233,000 (2011)

Average Sales Price:  $320,051 (2008)  $310,987 (2009)  $307,571 (2010)  $179,666 (2011)

Average Days On Market:  72 (2008)  150 (2009)  200 (2010)  291 (2011)

Details On Lake Lanier Waterfront Lots That Sold In 2011:

7375 A Lanier Drive  Cumming, Ga. 30041  $350,000 / $250,000

193 Clarks Bridge Road  Gainesville, Ga. 30506  $275,000 / $200,000

3345 Hall Drive  Gainesville, Ga. 30501  $239,000 / $184,000

5471 Dogwood Lane  Gainesville, Ga. 30504  $225,000 / $185,000

0 Chelsie Heard Drive  Cumming, Ga. 30041  $199,000 / $175,000

5178 John Reynolds Road  Gainesville, Ga. 30506  $110,000 / $84,000

Details On Lake Lanier Waterfront Lots That Sold In 2010:

4702 Shirley Road  Gainesville, Ga. 30506   $900,000 / $900,000

4327 Harold Welchel Road  Gainesville, Ga. 30506  $439,500 / $385,000

6521 Cox Drive  Flowery Branch, Ga. 30542  $488,000 / $360,000

7030 Lighthouse Point  Cumming, Ga. 30041  $300,000 / $150,000

7917 S South Barkers Bend Road  Murrayville, Ga. 30564  $199,900 / $183,000

6835 Nantucket Cove  Cumming, Ga. 30041  $150,000 / $85,000

6880 Nantucket Cove  Cumming, Ga. 30041  $150,000 / $90,000 

Details On Lake Lanier Waterfront Lots That Sold In 2009:

2905 Pointe Drive  Gainesville, Ga. 30506   $699,000 / $615,000

000 Grant Ford  Gainesville, Ga. 30506  $550,000 / $500,000

7030 Cumberland Harbour  Cumming, Ga. 30041  $475,000 / $425,000

7025 Cumberland Harbour  Cumming, Ga. 30041  $425,000 / $375,000

6895 Bragg Road  Cumming, Ga. 30041  $350,000 / $230,000

2959 Skylark Place  Gainesville, Ga. 30506  $339,900 / $139,900

8660 Anchor On Lanier Ct.  Gainesville, Ga.  $135,000 / $100,000

3642 North River Road  Gainesville, Ga. 30506  $119,800 / $103,000 

Details On Lake Lanier Waterfront Lots That Sold In 2008:

Lot C War Hill Park Road  Dawsonville, Ga. 30534  $450,000 / $425,000

2625 Parker Trail  Gainesville, Ga. 30506  $339,000 / $293,154

Lot 2 Overby Road  Flowery Branch, Ga. 30542  $295,000 / $242,000