Many property owners think that Lake Sinclair Real Estate sales are somewhat dormant between Labor Day and Memorial Day. It seems logical that demand for lake property would be strongest during the warmer part of the year. Surprisingly, that is not quite so.
An analysis of data provided by Milledgeville Multiple Listing Service on actual sales of listed property on Lake Sinclair for the past year clearly disputes that notion. You might be surprised to find that the fourth quarter of 2009, from October through December, witnessed the highest number of sales of any quarter that year.
As a realtor with Coldwell Banker SSK, I have witnessed a similar uptick in Lake Sinclair home sales activity late in the year. For the past two years, most of the sales of lake properties I have been involved with either as a listing or selling agent has occurred after Labor Day.
You might be surprised at the number of potential lake home and lot buyers looking for property during our ?off season?. Sales volume on Lake Sinclair including Baldwin, Hancock, and Putnam Counties was up cumulatively by 111% in the fourth quarter of 2009 over the same period in 2008. If January 2010 is any indicator, lake sales are on track to exceed last year first quarter sales volume.
With lenders offering incredibly low interest rates to well qualified buyers, now is a good time to be either buying of selling lake homes on Lake Sinclair.
If you have questions about lake homes or lots on Lake Sinclair, you can post me on this blog, email me at jmitchell@cbssk.com, or call me at 478 361-9587.
John Mitchell, Realtor, Coldwell Banker SSK, Milledgeville GA
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