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Lake Rabun Home Values and Market Report

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Report prepared by Newplaceathens.com New Place Group

Market at a glance

Over the last 12 months, homes sold for 93.5% of list price in 108 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $3.52M Sold · $3.25M
$4M$2.8M$1.6M$400K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 3 sales in Jun. Last month: 2.

Where the market stands

All homes in this report, by status.

18homes
Active6 · 33%
Under contract1 · 6%
Sold (12 mo)11 · 61%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$2.08M
Under contract$2.75M
Sold$2.14M

Average days on market

Active155 days
Under contract57 days
Sold108 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 6
Average list price $2,075,500
Avg. days on market 155 days
Avg. price per ft² $808 Based on 5 of 6 homes
Avg. living area 3,143 ft² Based on 5 of 6 homes
Avg. beds / baths 4.2 / 4.2

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

$6M$4M$2M$0

Price vs. living area: 5 homes plotted, up to $6M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 5 homes in this status.

3250 Brandon Mill Road$1,243
91 Dragway Lane$828
63 + 84 Loudermilk Lane$771
493 Kings Row Road$753
133 Oasis Ridge Road$447

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
493 Kings Row RoadLakemont, GA 30552 565,300$3,995,000$75360 days
Old 441 SLakemont, GA 30552 ———$369,000—147 days
63 + 84 Loudermilk LaneLakemont, GA 30552 553,104$2,395,000$771150 days
3250 Brandon Mill RoadLakemont, GA 30552 431,768$2,199,000$1,243156 days
91 Dragway LaneLakemont, GA 30552 432,656$2,200,000$828206 days
133 Oasis Ridge RoadLakemont, GA 30552 342,891$1,295,000$447209 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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