Name:	roswellric -	Reply
Subject:	Real Estate Statistics -Lake Martin
Date:	6/17/2014 11:45:28 AM (updated 6/17/2014 11:48:18 AM)

I just read the ACRE report for May '14 and the display of the information is more of a statistical record than an analysis of trends in the market. I'm less interested in history than forecasts. 

I wonder if John Coley can find us a site that shows trend lines for the typical stats like inventory, average and median sales prices (per foot hopefully) and some sort of moving average. Like mosts folks I would like to know not only where it is but where its going. John any ideas?

Name:	CAT BOAT -	Reply
Subject:	Real Estate Statistics -Lake Martin
Date:	6/17/2014 3:53:06 PM

Not sure about realestate, but I can give you a forecast on COVERING Realestate on water when driving a boat.  Here it is.

Prop pitch X RPM = ??? devided by Gear Ratio X 1056 = ????  Then deduct 10% for prop slip and you can calculate your boat speed (not pontoon) pretty close. 

JUST SAYIN'

Name:	Ulysses E. McGill -	Reply
Subject:	Real Estate Statistics -Lake Martin
Date:	6/17/2014 5:05:22 PM (updated 6/17/2014 5:06:19 PM)

Now there's a calculation thats a little more relevant for me; when it comes time to sell my property and/or find a forcast value, it will be no sooner that the probate proccess of my estate....at that point I probably won't give a $h!#.

Name:	John C -	Reply
Subject:	Real Estate Statistics -Lake Martin
Date:	6/21/2014 10:10:14 AM

remember the ACRE does our entire market, including off water properties

Inventory is doable. Since we're a seasonal market inventory is only interesting to me when compared to multiple prior years.

Price per foot of home:

1. not doable because most of the time the SF data is not in mls, nor in the tax records. But even if it were:

2. I would not do it because it is totally irrelavent on Lake Martin. So irrelavant as to be misleading. I am sure in other markets, with other property types (commercial, etc) it helps but here at LM residential, it's not.

The lot is worth so much as a proportion to the property's total value. The next thought that many have is to ask what lot prices are per acre and per waterfront foot. I studied that heavily last year, ran statistical algorithms on them both. I found that acreage does not bear a relation to lot price, and waterfront feet bears only a slight relation. Here's the link to the first in a three part series:

Price Valuations for lots

it has links to the other 2 posts