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Welcome to March

March 11, 2024
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As we march into March, the real estate market is blooming with opportunities as vibrant as the emerald greens of St. Patrick's Day. Whether you're searching for the perfect clover-covered cottage or a spacious leprechaun-approved family home, you're in luck! This month, we're embracing the spirit of the Irish and helping you find your dream home at the end of the rainbow.  

I’m lucky to know you!
~Dani

 

    Two things jumped out at me this month when I was looking at our data and they're both in the executive and luxury market of $750K and above.  For this price point, we have moved to a buyer’s market.  We have 16 months of inventory for homes priced above $1M.  Another interesting fact, more than half of these homes receive a price reduction after listing.  If you are in this luxury bracket, pricing matters more than ever when you list.  Gone are the days of throwing a price out there to see if it sticks and if someone will pay it.  

If your home is below $750K you are still in a seller’s market with only 4.5 months or less of inventory available.  However, we are seeing days on the market rise above 100 days.

 
 
 
 

Have you driven by the new Boathouse event venue across from the Olympic Rowing Venue? I can’t wait to tour the space and see the views. The Boathouse will feature meeting, conference, and event spaces, as well as catering facilities, spaces for the Lanier Canoe and Kayak Club and Lake Lanier Rowing Club, as well as memorabilia from the 1996 Centennial Olympic Games.

 

Forrest Vue

Phase 1 is SOLD OUT!

Phase 2 has two under-construction units on the market.

Two units have been presold!

 

Clarendon Commons

PHASE 1 OFFICIALLY SOLD OUT

PHASE 2 Only four new construction units left!

  • Two walkable blocks from Downtown Gainesville Square

  • Incredible investment with long-term rentals allowed

  • Intimate community of only 20 units - 8 cottages & 12 townhomes

  • Charleston vibe - trendy, comfortable, and original

  • Prices range $499,000 - $529,000

 

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Keller Williams Lanier Partners · 631 Dawsonville Hwy · Gainesville, GA 30501-2611 · USA

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