August 2014 Lake Sinclair market report
By Tammy Lankford,, Broker GA Lake Sinclair/Eatonton/Milledgeville
(Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668)
Good news and okay news on the number of homes sold in August on Lake Sinclair. We were at 18 for the month, which was up from July which good and down from the past two years in August, but just by 1 sale. The great news is that inventory is slightly down also. There are currently 339 homes on the market making it an 18 month supply, which is down from the 24 month supply we had last month. That means that new listings are currently coming on the market at a slower rate than Lake Sinclair homes being sold. That's great news for sellers... and it means buyers who have been hoping prices would go back down again in the winter months might not be so lucky. Days on the market are slightly up from last month, but not significantly. We are 150. That means priced right and marketed wel...
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