Lake Arrowhead 12-month median rises 13.7% to $537,450
Lake Arrowhead logged 112 sales over 12 months at a $537,450 median, and 27 in the last three months at $594,900, in the official FMLS run through October.
WALESKA, Ga. Lake Arrowhead (Waleska)'s 12-month median sale price rose 13.7% to $537,450 through October, from $472,500 in the prior 12 months, across 112 closings.
Over the year, the median home sold for 99.3% of its final list price, and 46.4% of sales closed below list.
“Lake Arrowhead's 12-month median rose 13.7% to $537,450 across 112 sales. New listings jumped to 28 in October, so buyers have more lake homes to choose from.”
Jeff Crowe, publisher and market reporter, Jeff Crowe CRE
Median time on market was 41.5 days, against 38.5 days the year before.
Single months are too thin to read in a neighborhood this size, so this note uses 12-month and three-month windows only.
Jeff Crowe writes about Georgia home sales from the official monthly FMLS run. Jeff is a licensed real estate agent with CENTURY 21 The Avenues, a full-service local brokerage in Calhoun, Ga.
