Quail Creek Reservoir Topics: Home and Lot Sales Through July 31
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Name:
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John C
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Subject:
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Home and Lot Sales Through July 31
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Date:
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8/29/2013 11:27:55 AM
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these are some great questions, I think I will need to do another blog post to cover them all.
real quickly:
1. Emerald shores was about 1/3 of the sales so far. Remove them and Lake Martin is still on pace with last year. Include them, and we destroy last year. I am honored to be the listing agent at Emerald Shores. The first go around at Emerald Shores - it was for sale for about 2 years starting in 2004. I was not involved. Out of 46 lots they sold 17 or 37% in that time frame. This year we've had the remaining 29 lots for sale for 166 days and we have closed 16 or 55%. True, other agents have brought most of the buyers, so I am not representing that I did that. But I am very pleased at the total effect of our marketing plan, that is, to put all info out on the MLS, and the web, and market fully to buyers while empowering other agents, rather than trying to shut other agents out in an attempt to horde the business. I have seen that hording or silo tactic at LM and other markets, for lots or condos or whatever. I believe deep down that to try and horde buyers is an outdated, futile sales tactic that does not do your seller justice.
2. Yes, AP is selling another neighborhood - Shady Bay (see link below) - I am pleased to be the listing agent on that as well.
3. The leased lots that AP has been selling to the home owners are not included in the MLS figures
4. Pleasure Pt - right now I see that one is still for sale in the MLS
5. Absorption - I think absorption is about the same as in the last couple of years but I would have to crunch the numbers to be sure.
6. Prices - surely after this year we will finally see a price increase, but, like #5 above, I would have to see it in the numbers first. My gut tells me there is some upward pressure this year. But I need to see it in the numbers before I feel comfortable proclaiming it.
URL: Shady Bay Lots For Sale
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