Blog > Sterling on the Lake Real Estate Market Update
π‘π Real Estate Market Update in Sterling on the Lake, Flowery Branch, GA ππ‘
ποΈ June 2023 ποΈ
π Attention Buyers and Sellers! Here's an update on the current market trends in Sterling on the Lake:
π Months Supply of Inventory: Currently, there is a low 1.03 months supply of inventory in the market. Over the past 12 months, the inventory supply has decreased by -4.63%. This indicates a competitive, seller's market. Sellers, now is a great time to list your property!
π° List to Sold Price: The list to sold price percentage stands at a strong 98.9%. This means that properties in Sterling on the Lake are selling close to their asking price. Sellers, you can expect to receive a great return on your investment!
β Median Days on Market: Homes in Sterling on the Lake are selling quickly, with a median of only 18 days on the market. Buyers, act fast to secure your dream home in this desirable community!
π² Median Sold Price: The median sold price in Sterling on the Lake is currently $506,000. This provides valuable insight into the market's overall pricing trends. Sellers, this indicates a strong market value for your properties!
π’ Amy Parris Cook, REALTOR® with Real Broker is here to guide you through the market trends and help you make informed decisions. Whether you're buying or selling, contact Amy today for personalized assistance in Sterling on the Lake, Flowery Branch, GA.
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