The Lake Market Report a Multi-State, Lake-Focused Real Estate Market Report

The Lake Market Report A Multi-State, Lake-Focused Real Estate Market Report

Winter 2018

Produced By Lake Homes Realty

The Nation’s Largest Lake-Focused Real Estate Company

Lake Homes Realty – Lake Market Report – Winter 2018

CEO’s MARKET INSIGHTS

One of the many unique aspects of our real estate brokerage is our access to far more market data than most brokerages AND the advantage of having our own licensed agents working in so many local lake markets. This gives our agents and team a far broader and deeper market understanding than you can find in data alone, or from conversations with most local agents. Over the last five years our leadership team has spent (and continues to spend) weeks and weeks visiting the local lake markets across the country. We have hundreds of hours talking with local real estate agents about market conditions, buyer trends, and seller outlooks. These discussions are with both our agents and agents with other brokerages. Personally I have had more than 420 of these in-depth, face-to-face meetings. You can learn a lot while breaking bread. In addition to the wealth of market information in this report (plus the additional data are market team has available), here are a few of my insights from beyond the data research: 1. The next two years will continue to be very active for lake property sales, although the level of activity will vary at each local market. More interestingly, some markets with high demand by buyers may not continue to see strong increases in the number of transactions year-over-year. The issue is not a lack of buyer interest. The issue is a limited number of “sellable” homes in many lake markets. (By “sellable,” I mean homes in good condition, on decent water, that are not over-priced.) New construction will not quickly resolve this issue (and some lake markets have no room for new construction). The markets with limited sellable homes will instead self-govern the number of transactions. At the same time, buyers are not in a rush to push prices higher very quickly. Some price mindset adjustments may come this year, but these will be market-by-market and not across the lake real estate market as a whole. 2. While there are exceptions, lake homes priced between $175,000 and $750,000 will continue to sell well WHEN PRICED APPROPRIATELY for age, location and physical condition. I anticipate this trend to continue through 2018 and 2019. 3. While lake homes priced at $1 million or more are selling but these are still not in high demand in most markets. I do not see much change in the next several months due to several combined factors. First, many buyers who can afford such a high-end home learned during the past real estate bust that they may not be able to easily sell such a home in the future. They don’t want to trap their money. Second, we’ve shifted culturally. The “Age of Opulence” has passed, and it is no longer as popular to own these types of high-end homes. This is leading high-end buyers to consider smaller and lower-priced lake homes.

Lake Homes Realty – Lake Market Report – Winter 2018

During the home construction boom, before the real estate bust, there was a big effort in some markets to build more and more high-end homes. Thus, many of these expensive homes were purchased at the height of the real estate boom with real estate prices at their peak. These buyers actually lost their money the moment they bought at a premium price. Now, many are still not yet emotionally (or financially) ready to eat that loss. Lastly and similarly, to sell high-end homes now typically requires a much lower price than these homes are currently listed. Many of these home owners are not yet willing to accept the current reality, leaving listed prices artificially high for current market conditions. At the same times, buyers are better informed than any time in history. They know these homes will not sell at these high prices, and they have no appetite for overpaying, now or later. 4. Most lake markets are no longer buyer’s markets. However, this is nothing like the real estate boom of a few years ago, so this does not mean a rash of competing offers on all properties. An important caution on the market shift for home sellers: Due to the wealth of online information, including what anyone can find on our website www.LakeHomes.com, buyers are better informed than any time in history. Today’s lake home buyers (and home buyers in general) quickly spot overpriced homes, and THEY AVOID THEM. Typically they don’t even request a showing or more information. 5. Inactivity of showings or offers is rarely due to a lack of marketing of a home (except for very special cases or some For-Sale-By-Owner properties). The buyers in the market are speaking loudly. Their lack of interest announces that the home is considered overpriced and not even worth the time to visit (as an overpriced home strongly suggests the seller will likely not consider reasonable offers). Inactivity, even in the first two weeks, is the market announcing the property is very over-priced for the current buyer’s appetite. 6. Speaking of the wealth of online information, lake home sellers need to be very aware that many of today’s buyers are not just comparing a home to the other homes across that specific lake. These buyers are comparing lake homes on multiple lakes. Therefore, it is wise to price property with a firm understanding of this consumer behavior. I recommend you consult with a lake real estate expert that understands these multi-lake buyers’ expectations (and ideally has access to price information across multiple lake markets). 7. While not widespread, new construction has begun more earnestly in several lake markets. Home buyers will often pay 10% to 15% more for a similar home that is new. Sellers of existing homes in markets with new construction should account for this buyer mindset when pricing their home, regardless of what they paid for their lake home. The history is in the past, price for today. We hope you find our report valuable, and remember we publish this report several times a year, each time with even more information. Please let us know if we can be service in any way! Warmest Regards,

Glenn S. Phillips CEO, Lake Homes Realty

Lake Homes Realty – Lake Market Report – Winter 2018

Permissions For Use

Members of the news media may call (205) 236-9080 to speak with either the authors of this proprietary report or with any of our local lake market experts in any of the nine states represented in this report. Lake Homes Realty analysts can often provide customized analyses based on this report data upon request. Requests should be made to [email protected].

Media outlets, not owned or operated or directly affiliated with real estate brokerages or developments, may utilize the data within this report for articles and news reports provided “Lake Homes Realty /LakeHomes.com” is cited as the source.

Real estate agents, brokers, brokerages, developers/developments, builders, and property owners not affiliated with Lake Homes Realty and not represented by Lake Homes Realty agents/brokers are expressly prohibited from reproduction or other use of any and/or all of this report and the compiled data within that is not already available to them via their membership in their respective MLSs or public resources.

For all other permission requests and media inquiries, call Brian Cauble at (866) 525-3466.

©Copyright by Lake Homes Realty, LLC. All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law.

Lake Homes Realty – Lake Market Report – Winter 2018

About Lake Homes Realty

Lake Homes Realty is the nation’s largest lake-focused real estate company. As of the date of this report, the firm is licensed as a full-service real estate brokerage in 17 states and holds brokerage membership in 79 Multiple Listing Services (MLS). Lakes Homes Realty’s unique website, www.LakeHomes.com, is the most convenient way to find, buy, and sell lake homes and land. However, unlike web-only real estate portals, Lake Homes Realty has its own licensed real estate agents, each with expertise in their unique local lake markets. Lake Homes Realty is founded around several key ideas. First, we believe finding the perfect lake home should be easy and convenient. You shouldn’t have to visit several different sites to view and compare lake homes or land, and it should be easy to compare different lakes. Second, lake real estate is unique, and there are times when you need a guide to truly understand the lake or the properties you are considering. An experienced lake agent will help you understand the area of the lake you are considering, the water depth and conditions at various properties, special rules and regulations about docks or boating, and so much more. Finally, we believe in service to our clients. We commit to answering your calls, updating our clients regularly, and responding to every question. In short, we believe that helping clients buy or sell their lake home is about going above and beyond. Combine the best lake-focused website with accurate listings, knowledgeable lake agents, and a company that delivers exceptional service, and what you have is Lake Homes Realty.

To speak to a local or national Lake Homes Realty expert, call (866) 525-3466.

Lake Homes Realty – Lake Market Report – Winter 2018

Report Methodology

Lake Homes Realty is a licensed, full-service real estate brokerage and currently a member of 79 Multiple Listing Services (MLS) in 17 states, 13 of which are covered in this report.

Lake Homes Realty is licensed in three states, Florida, Iowa, and Louisiana, that are not included in this report, and data has not yet been evaluated. Future market reports will include data from these states, as well as other states where the brokerage will be adding operations.

This report is based on real estate property for sale based on listing data collected in February of 2018, including value (i.e., list price) and volume of listings in the nine states covered in this report.

When calculating the “Most Expensive” and “Most Affordable” rankings, any lake with fewer than 10 home listings or 10 land/lot listings currently available was eliminated from the report to maintain consistency. Lakes with less than one total acre were not included in acreage price averages. The Texas state graphic includes only lakes with two or more million-dollar homes. Zip codes with four or fewer listings were not included in zip code analyses.

Six states share at least one large lake with another state, and to best represent their market size, the inventory for the entire lake market is included in the market size rankings. These lakes are noted throughout the report (*, ** and †). Because prices in some states are inherently different than their neighboring states, combined inventory of border lakes is not used for “Most Expensive” and “Most Affordable” rankings, which are calculated using only property in the given state. Market and Listing totals include all currently listed property, not the total of the top lakes listed. All other comparisons, including website traffic, were determined using data from www.LakeHomes.com for the 12-month period ending February 1, 2018. Data is collected from each MLS on a daily basis for each home and land/lot listing available for sale. Through Lake Homes Realty’s proprietary algorithms, it is determined which MLS listings are lake homes and lake property. For reporting purposes, lake homes and lake land are any home or land/lot listing adjacent to a recognized inland body of water, has a view of any of these lakes, has designated access to a lake, or is within a community that considers itself a lake-focused community or development. The data is comprehensive for each MLS of which Lake Homes Realty is a member, however additional MLSs are periodically added. This can increase the total amount of data collected and can slightly influence comparative measurements with past and future lake market reports. New data and MLS sources are periodically added, and the lake algorithms frequently adjusted to accurately include only lake property and lake-associated property. This can result in the periodic addition or removal of active listings.

Lake Homes Realty – Lake Market Report – Winter 2018

Overall Top 10s Biggest Markets

1. Lake Michigan, MI $908,675,688 6. Smith Mtn Lake, VA $392,528,454 2. Lake Norman, NC $639,165,185 7. Lake Keowee, SC $354,541,238 3. Lake Travis, TX $503,740,441 8. Lake LBJ, TX $344,756,808 4. Lake Lanier, GA $480,060,243 9. Lake Austin, TX $295,199,490 5. Lake Oconee, GA $434,634,596 10. Old Hickory Lake, TN $281,311,387

Biggest Home Markets Biggest Land Markets 1. Lake Michigan, MI $664,569,688 1. Lake Michigan, MI $244,106,000 2. Lake Norman, NC $509,678,088 2. Smith Mtn Lake, VA $166,113,541 3. Lake Travis, TX $401,903,588 3. Lake Keowee, SC $151,046,580 4. Lake Lanier, GA $329,322,843 4. Lake Oconee, GA $141,872,731 5. Lake Oconee, GA $277,666,265 5. Lake Norman, NC $129,487,397 6. Lake Austin, TX $261,385,590 6. Lake Lanier, GA $126,791,700 7. Lake LBJ, TX $229,824,967 7. Lake LBJ, TX $114,481,841 8. Smith Mtn Lake, VA $226,414,913 8. Lake Travis, TX $101,836,853 9. Old Hickory Lake, TN $219,749,278 9. Lake Hartwell, GA/SC $92,809,227 10. Lake Keowee, SC $203,494,658 10. Lake Conroe, TX $84,201,177

Most Expensive Homes Most Affordable Homes 1. Lake Austin, TX $4,095,132 1. Lake Lancer, MI $66,508 2. Lake Woodlands, TX $2,602,857 2. Lake Lancelot, MI $67,416 3. Walloon Lake, MI $2,017,889 3. Ross Lake, MI $76,347 4. Gull Lake, MI $1,668,583 4. Pocono Country Place, PA $88,788 5. Lake Travis, TX $1,612,358 5. Smallwood Lake, MI $101,234 6. Lake Placid, NY $1,476,406 6. Stillwater Lake, PA $107,159 7. Tupper Lake, NY $1,459,200 7. Winona Lakes, PA $114,413 8. Spring Lake, MI $1,382,767 8. Wixom Lake, MI $115,960 9. Lake Paloma, TX $1,348,969 9. Indian Mountain Lakes, PA $128,505 10. Lake Macatawa, NY $1,321,157 10. Brier Crest Woods, PA $129,222

Lake Homes Realty – Lake Market Report – Winter 2018 Most Listings 1. Lake Michigan, MI 1495 6. Lake Norman, NC 1061 2. Lake Hartwell, SC/GA 1283 7. Smith Mtn Lake, VA 1009 3. Lake Oconee, GA 1134 8. Lewis Smith Lake, AL 926 4. Lake Keowee, SC 1114 9. Tellico Lake, TN 920 5. Lake Lanier, GA 1084 10. Lake LBJ, TX 787

Most Homes Available Most Land Available 1. Lake Michigan, MI 673 1. Lake Keowee, SC 831 2. Lake Lanier, GA 591 2. Lake Michigan, MI 822 3. Lake Norman, NC 586 3. Lake Hartwell, GA/SC 769 4. Lake Hartwell, SC/GA 505 4. Tellico Lake, TN 705 5. Old Hickory Lake TN 454 5. Lake Oconee, GA 691 6. Lake Oconee, GA 413 6. Smith Mtn Lake, VA 676 7. Grand Lake, OK 358 7. Lewis Smith Lake, AL 648 8. Lake Huron, MI 352 8. Watts Bar Lake, TN 579 9. Smith Mtn Lake, VA 333 9. Lake LBJ, TX 544 10. Lake Hamilton, AR 304 10. Norris, TN 512

Most Expensive Land Per Acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Lake Austin, TX $1,147,158 1. Lake Austin, TX $1,147,158

2. Turtle Lake, MI $744,690 2. Turtle Lake, TX $846,408 3. Inks Lake, TX $663,978 3. Lake Conroe, TX $342,421 4. Lake Placid, NY $632,997 4. Lake Placid, NY $175,246 5. Taylor Lake, TX $597,245 5. Lake Ray Hubbard, TX $159,459 6. Meadow Lake, TX $130,618 6. Lake Jocassee, SC $564,302 7. Long Lake - Bloomfield, MI $545,926 7. Lewisville Lake, TX $119,866 8. Lake; McQueeny, TX $522,148 8. Lake Wilson, AL $101,880 9. Lake Ray Hubbard, TX $473,042 9. Lake Benson, NC $99,610

10. Lake Conroe, TX $441,125 10. Walloon Lake, MI $85,000 Most Affordable Land Per Acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Pepacton Reservoir, NY $4,180 1. Indian Lake – Alpha, MI $1,422 2. Birch Lake, OK $5,144 2. Deer Lake – Boyne, MI $1,596 3. Lake Moraine, NY $8,153 3. Tamarack Lake, MI $1,631 4. Lake Barkley, TN $9,034 4. Lake Bankhead, AL $2,023 5. Milakokia Lake, MI $9,081 5. Lake Pickwick, AL $2,174 6. Tink Wig Lake, PA $9,767 6. Lake Champlain, NY $2,180

7. Sister Lake, MI $10,417 7. Tripp Lake, NY $2,269 8. Mountain Lakes, TX $11,204 8. Lost Lake, MI $2,375 9. Indian Mountain Lakes, PA $11,260 9. Toledo Bend Reservoir, TX $2,556 10. Schaawe Lake., MI $11,458 10. Lake Charlevoix, MI $2,562

Lake Homes Realty – Lake Market Report – Winter 2018

Top-Ranked By State Biggest Market Alabama: Lewis Smith Lake $207,014,981 Oklahoma: Grand Lake $194,374,719 Arkansas: Lake Hamilton $167,007,185 Pennsylvania: Lake Wallenpaupack $70,410,282 Georgia: Lake Lanier $480,060,243 South Carolina: Lake Keowee $354,541,238 Maryland: Deep Creek Lake $33,469,698 Tennessee: Old Hickory Lake $281,311,387

Michigan: Lake Michigan $908,675,688 Texas: Lake Travis $503,740,441 North Carolina: Lake Norman $639,165,485 Virginia: Smith Mtn Lake $392,528,454 New York: Lake George $173,117,216 Biggest Home Market Biggest Land Market Alabama: Lewis Smith Lake $207,014,981 Alabama: Lewis Smith Lake $127,833,900 Arkansas: Lake Hamilton $167,007,185 Arkansas: Lake Hamilton $130,169,045 Georgia: Lake Lanier $480,060,243 Georgia: Lake Lanier $329,322,843 Maryland: Deep Creek Lake $33,469,698 Maryland: Deep Creek Lake $27,087,699 Michigan: Lake Michigan $908,675,688 Michigan: Lake Michigan $664,569,688 North Carolina: Lake Norman $639,165,485 North Carolina: Lake Norman $509,678,088 New York: Lake George $173,117,216 New York: Lake George $161,063,826 Oklahoma: Grand Lake $37,611,249 Oklahoma: Grand Lake $154,572,170 Pennsylvania: Lake Wallenpaupack $15,101,859 Pennsylvania: Lake Wallenpaupack $55,308,423 South Carolina: Lake Keowee $151,046,580 South Carolina: Lake Keowee $203,494,658 Tennessee: Watts Bar Lake $69,087,959 Tennessee: Old Hickory Lake $219,749,278 Texas: Lake LBJ $114,481,841 Texas: Lake Travis $401,903,588 Virginia: Smith Mtn Lake $166,113,541 Virginia: Smith Mtn Lake $226,414,913 Most Expensive Homes Most Affordable Homes

Alabama: Lake Tuscaloosa $820,038 Alabama: Lake Forest - Daphne $168,875 Arkansas: Beaver Lake $494,454 Arkansas: Table Rock Lake $233,716 Georgia: Lake Burton $1,189,923 Georgia: Water’s Edge $218,230 Maryland: Deep Creek Lake $603,361 Maryland: Lake Lariat $234,949 Michigan: Wallon Lake $2,070,889 Michigan: Lake Lancer $66,508 North Carolina: Lake Toxaway $1,112,750 North Carolina: Oak Hollow Lake $200,916 New York: Lake Placid $632,997 New York: Delaware River $181,161 Oklahoma: Grand Lake $475,593 Oklahoma: Fort Gibson Lake $181,011 Pennsylvania: Conneaut Lake $708,982 Pennsylvania: Big Boulder Lake $217,618 South Carolina: Lake Keowee $719,911 South Carolina: Fishing Creek Lake $255,427 Tennessee: Fort Loudoun Lake $861,768 Tennessee: Lake Catherine $139,974 Texas: Lake Austin $4,095,132 Texas: Holly Lake $181,041 Virginia: Occoquan Reservoir $977,526 Virginia: Lake Monticello $278,336

Lake Homes Realty – Lake Market Report – Winter 2018

Most Listings Alabama: Lewis Smith Lake 926 Oklahoma: Grand Lake 578 Arkansas: Lake Hamilton 416 Pennsylvania: Lake Wallenpaupack 360

Georgia: Lake Hartwell 1283 South Carolina: Lake Hartwell 1283

Maryland: Deep Creek Lake 82 Tennessee: Tellico Lake 920

Michigan: Lake Michigan 1495 Texas: Lake LBJ 787 North Carolina: Lake Norman 1061 Virginia: Smith Mtn Lake 1009 New York: Lake George 193 Most Home Available Most Land Available Alabama: Lewis Smith Lake 277 Alabama: Lewis Smith Lake 648 Arkansas: Lake Hamilton 304 Arkansas: Beaver Lake 290 Georgia: Lake Lanier 591 Georgia: Lake Hartwell 769 Maryland: Deep Creek Lake 46 Maryland: Deep Creek Lake 36 Michigan: Lake Michigan 673 Michigan: Lake Michigan 822 North Carolina: Lake Norman 586 North Carolina: Lake Norman 475 New York: Lake George 144 New York: Lake Champlain 57 Oklahoma: Grand Lake 358 Oklahoma: Lake Eufaula 282 Pennsylvania: Lake Wallenpaupack 180 Pennsylvania: Lake Wallenpaupack 180 South Carolina: Lake Hartwell 505 South Carolina: Lake Keowee 831 Tennessee: Old Hickory Lake 454 Tennessee: Tellico Lake 705 Texas: Lake Travis 242 Texas: Lake LBJ 544 Virginia: Smith Mtn Lake 333 Virginia: Smith Mtn Lake 676

Lake Homes Realty – Lake Market Report – Winter 2018

Total market in Alabama is up

more than 15% over Winter 2017. Alabama Biggest Market 1. Lewis Smith Lake $207,014,981 (19.1%) 6. Wilson Lake $51,397,399 (4.8%) 2. Lake Martin $150,950,660 (14.0%) 7. Weiss Lake $46,702,684 (4.3%) 3. Lake Guntersville $130,993,150 (12.1%) 8. Lake Eufaula $42,329,000 (3.9%) 4. Logan Martin Lake $78,931,869 (7.3%) 9. Lake Tuscaloosa $37,060,990 (3.4%) 5. Lake Wedowee $77,219,367 (7.1%) 10. Neely Henry Lake $31,918,003 (3.0%) Total Alabama Market: $1,081,963,969 Biggest Home Market Biggest Land Market 1. Lake Martin $127,833,900 (17.8%) 1. Lewis Smith Lake $80,460,181 (22.5%) 2. Lewis Smith Lake $121,555,300 (16.9%) 2. Lake Guntersville $68,417,100 (19.1%) 3. Lake Guntersville $62,576,050 (8.7%) 3. Lake Wedowee $39,265,307 (11.0%) 4. Logan Martin Lake $51,640,200 (7.2%) 4. Logan Martin Lake $27,291,669 (7.6%) 5. Lake Wedowee $37,954,060 (5.3%) 5. Lake Martin $23,116,760 (6.5%) 6. Weiss Lake $32,237,150 (4.5%) 6. Wilson Lake $19,900,400 (5.6%) 7. Wilson Lake $31,496,999 (4.4%) 7. Weiss Lake $14,399,634 (4.0%) 8. Lake Eufaula $30,336,000 (4.2%) 8. Lake Tuscaloosa $13,919,390 (3.9%) 9. Highland Lakes $27,669,150 (3.9%) 9. Neely Henry Lake $13,394,995 (3.7%) 10. Lake Tuscaloosa $23,141,600 (3.2%) 10. Lake Eufaula $11,993,000 (3.3%) Total Alabama Home Market: $717,742,300 Total Alabama Land Market: $358,307,269 Lewis Smith Lake is again the state’s largest market, nearly 19% of all Alabama listings. Most Expensive Homes Most Affordable Homes 1. Lake Tuscaloosa $820,037 1. Lake Forest - Daphne $168,875 2. Wilson Lake $621,367 2. Lake Raynagua $181,018 3. Lake Martin $614,777 3. Lay Lake $233,144 4. Highland Lakes $475,914 4. Steelwood Lake $248,900 5. Lewis Smith Lake $455,613 5. Lake Eufaula $253,778 6. Lake Guntersville $435,398 6. Weiss Lake $273,314 7. Pickwick Lake $389,541 7. Lake George $287,200 8. Elk River $389,493 8. Catoma Lake $288,692 9. Lake Wedowee $388,570 9. Jordan Lake $304,927 10. Sougahatchee Lake $370,465 10. Wheeler Lake $326,043

Lake Homes Realty – Lake Market Report – Winter 2018 Most Listings 1. Lewis Smith Lake 926 (20.2%) 6. Lake Martin 321 (7.0%) 2. Lake Guntersville 503 (11.0%) 7. Lake Eufaula 232 (5.1%) 3. Logan Martin Lake 467 (10.2%) 8. Lay Lake 210 (4.6%) 4. Lake Wedowee 391 (8.5%) 9. Neely Henry Lake 161 (3.5%) 5. Weiss Lake 332 (7.2%) 10. West Point Lake 157 (3.4%) Total Alabama Listings: 4,588 Most Homes Available Most Land Available 1. Lewis Smith Lake 277 (15.0%) 1. Lewis Smith Lake 648 (23.7%) 2. Lake Martin 219 (11.8%) 2. Lake Guntersville 357 (13.1%) 3. Logan Martin Lake 160 (8.6%) 3. Logan Martin Lake 307 (11.2%) 4. Lake Guntersville 146 (7.9%) 4. Lake Wedowee 285 (10.4%) 5. Lake Eufaula 136 (7.3%) 5. Weiss Lake 202 (7.4%) 6. Weiss Lake 129 (7.0%) 6. Lay Lake 126 (4.6%) 7. Lake Wedowee 106 (5.7%) 7. Neely Henry Lake 109 (4.0%) 8. Lay Lake 84 (4.5%) 8. West Point Lake 106 (3.9%) 9. Wheeler Lake 59 (3.2%) 9. Lake Martin 102 (3.7%) 10. Highland Lakes 58 (3.1%) 10. Lake Eufaula 96 (3.5%) Total Alabama Home Listings: 1,852 Total Alabama Land Listings: 2,732 Most Expensive Land Per Acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Shoal Creek $320,304 1. Wilson Lake $101,879

2. Wilson Lake $220,372 2. Lake Guntersville $17,684 3. Elk River $214,792 3. Lake Tuscaloosa $16,304 4. Lake Forest - Daphne $151,283 4. Lake Wedowee $15,659

5. Lake Raynagua $133,318 5. Logan Martin Lake $10,830 6. Lake Martin $122,291 6. Inland Lake $10,769 7. Lake Martin $10,449 7. Lake Tuscaloosa $99,655 8. Wheeler Lake $93,874 8. Lewis Smith Lake $9,879 9. Lake Guntersville $87,418 9. Neely Henry Lake $7,491 10. Highland Lakes $86,357 10. Jordan Lake $7,034 Most Affordable Land Per Acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Boyd Lake $13,561 1. Bankhead Lake $2,022

2. Bankhead Lake $15,525 2. Pickwick Lake $2,173 3. Jordan Lake $21,595 3. Lake Mitchell $2,958 4. Highland Lake $22,859 4. Highland Lake $3,328

5. Lay Lake $28,677 5. Weiss Lake $3,994 6. Pickwick Lake $40,887 6. Lay Lake $4,210 7. Weiss Lake $43,077 7. Lake Eufaula $6,466 8. Lake Eufaula $46,024 8. Wheeler Lake $6,500 9. Logan Martin Lake $46,573 9. Jordan Lake $7,034 10. Neely Henry Lake $48,726 10. Neely Henry Lake $7,491

Lake Homes Realty – Lake Market Report – Winter 2018

Where Are The Million‐Dollar Listings?

Lake Homes Realty – Lake Market Report – Winter 2018

With nearly 300 land listings,

Beaver Lake takes the top spot for Arkansas total listings. Biggest Market 1. Lake Hamilton $167,007,185 (52.9%) 6. Table Rock Lake $8,330,448 (2.6%) 2. Beaver Lake $89,994,957 (28.5%) 3. Bull Shoals Lake $22,715,886 (7.2%) 4. Lake Norfork $13,880,350 (4.4%) 5. Lake Catherine $12,660,650 (4.0%) Total Arkansas Market: $315,804,576 Biggest Home Market Biggest Land Market 1. Lake Hamilton $130,169,045 (58.0%) 1. Lake Hamilton $36,838,140 (40.4%) 2. Beaver Lake $57,292,224 (25.5%) 2. Beaver Lake $32,702,733 (35.8%) 3. Bull Shoals Lake $16,898,298 (7.5%) 3. Lake Catherine $7,379,600 (8.1%) 4. Lake Norfork $7,092,300 (3.2%) 4. Lake Norfork $6,788,050 (7.4%) 5. Table Rock Lake $6,648,999 (3.0%) 5. Bull Shoals Lake $5,817,588 (6.4%) 6. Lake Catherine $5,281,050 (2.4%) 6. Table Rock Lake $1,681,449 (1.8%)

Total Arkansas Home Market: $224,576,116 Total Arkansas Land Market: $91,228,460 Lake Hamilton remains the largest Arkansas market, with more than half (52%) of the state’s total market. Average Home Price 1. Beaver Lake $494,454 2. Lake Hamilton $426,170 3. Lake Catherine $351,089 4. Bull Shoals Lake $277,759 5. Lake Norfork $266,620 6. Table Rock Lake $233,716

Lake Homes Realty – Lake Market Report – Winter 2018 Most Listings 1. Lake Hamilton 416 (33.6%) 6. Lake Catherine 55 (4.4%) 2. Beaver Lake 412 (33.3%) 3. Bull Shoals Lake 169 (13.7%) 4. Lake Norfork 97 (7.8%) 5. Table Rock Lake 83 (6.7%) Total Arkansas Listings: 1,237 Most Homes Available Most Land available 1. Lake Hamilton 304 (54.0%) 1. Beaver Lake 290 (43.0%) 2. Beaver Lake 122 (21.7%) 2. Lake Hamilton 112 (16.6%) 3. Bull Shoals Lake 63 (11.2%) 3. Bull Shoals Lake 106 (15.7%) 4. Lake Norfork 28 (5.0%) 4. Lake Norfork 69 (10.2%) 5. Table Rock Lake 27 (4.8%) 5. Table Rock Lake 56 (8.3%) 6. Lake Catherine 16 (2.8%) 6. Lake Catherine 39 (5.8%)

Total Arkansas Home Listings: 563 Total Arkansas Land Listings: 674 Most Expensive land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Lake Hamilton $291,468 1. Lake Hamilton $72,517

2. Table Rock Lake $38,368 2. Lake Norfork $11,073 3. Lake Catherine $37,310 3. Beaver Lake $8,303 4. Beaver Lake $31,670 4. Bull Shoals Lake $2,957

5. Lake Norfork $14,484 5. 6. Bull Shoals Lake $12,912 6. 7.

Most Affordable land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Bull Shoals Lake $12,912 1. Bull Shoals Lake $2,957

2. Lake Norfork $14,484 2. Beaver Lake $8,303 3. Beaver Lake $31,670 3. Lake Norfork $11,073 4. Lake Catherine $37,310 4. Lake Hamilton $72,517

5. Table Rock Lake $38,368

6. Lake Hamilton $291,468

Lake Homes Realty – Lake Market Report – Winter 2018

Where Are The Million‐Dollar Listings?

Lake Homes Realty – Lake Market Report – Winter 2018

The total Georgia market is down

more than 5% compared to Winter Georgia 2017. Biggest Market 1. Lake Lanier $480,060,243 (24.3%) 6. Chatuge Lake $73,406,184 (3.7%) 2. Lake Oconee $434,634,596 (22.0%) 7. Lake Sinclair $66,358,657 (3.4%) 3. Lake Hartwell $270,340,074 (13.7%) 8. Clarks Hill Lake $49,143,049 (2.5%) 4. Lake Burton $132,678,980 (6.7%) 9. Big Canoe $36,639,500 (1.9%) 5. Lake Allatoona $94,357,742 (4.8%) 10. Carters Lake $35,915,627 (1.8%) Total Georgia Market: $1,977,041,920 Biggest Home Market Biggest Land Market 1. Lake Lanier $329,322,843 (24.0%) 1. Lake Oconee $141,872,731 (26.2%) 2. Lake Oconee $277,666,265 (20.2%) 2. Lake Lanier $126,791,700 (23.5%) 3. Lake Hartwell $172,780,947 (12.6%) 3. Lake Hartwell $92,809,227 (17.2%) 4. Lake Burton $118,053,600 (8.6%) 4. Carters Lake $34,185,327 (6.3%) 5. Lake Allatoona $61,044,599 (4.4%) 5. Lake Allatoona $22,429,643 (4.1%) 6. Chatuge Lake $50,859,399 (3.7%) 6. Chatuge Lake $21,992,385 (4.1%) 7. Lake Sinclair $45,587,589 (3.3%) 7. Clarks Hill Lake $20,157,972 (3.7%) 8. Big Canoe $32,263,050 (2.3%) 8. Lake Sinclair $19,411,068 (3.6%) 9. Clarks Hill Lake $28,985,077 (2.1%) 9. Lake Burton $13,026,380 (2.4%) 10. Lake Rabun $27,773,500 (2.0%) 10. Nottely Lake $9,884,597 (1.8%) Total Georgia Home Market: $1,373,485,538 Total Georgia Land Market: $540,550,982 Lake Oconee and Lake Lanier combined again comprise more than half the total Georgia market.

Most Expensive Homes Most Affordable Homes 1. Lake Burton $1,189,922 1. Water's Edge $218,229 2. Lake Rabun $1,057,362 2. Clarks Hill Lake $247,593 3. Lake Kedron $832,895 3. Lake Sinclair $249,163 4. Lake Blue Ridge $698,813 4. Bent Tree $292,541 5. Windward Lake $677,458 5. Lake Tara $299,303 6. Lake Oconee $675,856 6. West Point Lake $323,966 7. Berkeley Lake $632,085 7. Lake Dow $328,549 8. Lake Redwine $604,166 8. Jackson Lake $335,239 9. Lake Lanier $553,086 9. Lake Arrowhead $343,916 10. Chatuge Lake $519,343 10. Lake Hartwell $387,422

Lake Homes Realty – Lake Market Report – Winter 2018 Most Listings 1. Lake Hartwell 1,283 (20.2%) 6. Chatuge Lake 287 (4.5%) 2. Lake Oconee 1,134 (17.9%) 7. Lake Allatoona 246 (3.9%) 3. Lake Lanier 1,084 (17.1%) 8. Nottely Lake 166 (2.6%) 4. Lake Sinclair 415 (6.5%) 9. Lake Burton 163 (2.6%) 5. Clarks Hill Lake 404 (6.4%) 10. West Point Lake 157 (2.5%) Total Georgia Listings: 6,352 Most Homes Available Most Land available 1. Lake Lanier 591 (21.0%) 1. Lake Hartwell 769 (22.4%) 2. Lake Hartwell 505 (18.0%) 2. Lake Oconee 691 (20.1%) 3. Lake Oconee 413 (14.7%) 3. Lake Lanier 459 (13.3%) 4. Lake Sinclair 186 (6.6%) 4. Clarks Hill Lake 296 (8.6%) 5. Lake Allatoona 153 (5.4%) 5. Lake Sinclair 226 (6.6%) 6. Chatuge Lake 108 (3.8%) 6. Chatuge Lake 176 (5.1%) 6. Clarks Hill Lake 108 (3.8%) 7. Nottely Lake 129 (3.8%) 8. Lake Burton 95 (3.4%) 8. West Point Lake 106 (3.1%) 9. Jackson Lake 80 (2.8%) 9. Lake Allatoona 82 (2.4%) 10. Big Canoe 69 (2.5%) 9. Lake Arrowhead 82 (2.4%) Total Georgia Home Listings: 2,810 Total Georgia Land Listings: 3,440 Most Expensive land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Lake Oconee $168,948 1. Lake Rabun $50,471

2. Lake Lanier $156,194 2. Lake Lanier $44,243 3. Chatuge Lake $133,027 3. Lake Allatoona $27,297

4. Lake Blue Ridge $120,197 4. Lake Burton $19,603 5. Lake Tara $118,207 5. Lake Hartwell $13,129 6. Lake Rabun $88,828 6. Lake Arrowhead $11,734

7. Lake Kedron $77,724 7. Norris Lake $11,565 8. High Falls Lake $73,100 8. Lake Oconee $10,115 9. Big Canoe $65,965 9. Jackson Lake $9,836 10. Lake Hartwell $65,691 10. Clarks Hill Lake $6,774 Most Affordable land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Piedmont Lake $18,897 1. Lake Sinclair $2,788 2. Carters Lake $20,401 2. Richard B. Russell Lake $3,090 3. Richard B. Russell Lake $31,743 3. Carters Lake $4,960 4. Bent Tree $31,950 4. Piedmont Lake $6,523 5. Lake Varner $32,889 5. West Point Lake $6,662 6. Clarks Hill Lake $34,160 6. Clarks Hill Lake $6,774 7. West Point Lake $34,983 7. Jackson Lake $9,836 8. Jackson Lake $38,029 8. Lake Oconee $10,115 9. Nottely Lake $44,748 9. Norris Lake $11,565 10. Lake Laceola $45,272 10. Lake Arrowhead $11,734

Lake Homes Realty – Lake Market Report – Winter 2018

Where Are The Million‐Dollar Listings?

Lake Homes Realty – Lake Market Report – Winter 2018

Across its three key lakes, Maryland has fewer than 100 total

lake property listings. Maryland Biggest Market Most Listings 1. Deep Creek Lake $33,469,698 (58.7%) 1. Deep Creek Lake 82 (54.3%) 2. Lake Linganore $15,537,700 (27.3%) 2. Lake Lingano 43 (28.5%) 3. Lake Lariat $3,127,392 (5.5%) 3. Lake Lariat 21 (13.9%) 4. (0.0%) 4. (0.0%) 5. (0.0%) 5. (0.0%) Total Maryland Market: $57,013,590 Total Maryland Listings: 151 Biggest Home Market Most Homes Available 1. Deep Creek Lake $27,087,699 (57.3%) 1. Deep Creek Lake 46 (51.7%) 2. Lake Linganore $13,937,000 (29.5%) 2. Lake Linganore 27 (30.3%) 3. Lake Lariat $2,880,395 (6.1%) 3. Lake Lariat 12 (13.5%) 4. (0.0%) 4. (0.0%) 5. (0.0%) 5. (0.0%) Total Maryland Home Market: $47,283,894 Total Maryland Home Listings: 89 Biggest Land Market Most Land available 1. Deep Creek Lake $6,381,999 (65.6%) 1. Deep Creek Lake 36 (58.1%) 2. Lake Linganore $1,600,700 (16.5%) 2. Lake Linganore 16 (25.8%) 3. (0.0%) 3. (0.0%) 4. (0.0%) 4. (0.0%) 5. (0.0%) 5. (0.0%) Total Maryland Land Market: $9,729,696 Total Maryland Land Listings: 62 Average Home Price 1. Deep Creek Lake $603,361 2. Lake Linganore $501,496 3. Lake Lariat $234,949 4. 5. Average Land Price Per Acre Listings of Less Than 10 Acres Listings of 10 Acres or More

1. Deep Creek Lake $168,879 1. None N/A 2. 2. 3. 3. 4. 4. 5. 5.

Lake Homes Realty – Lake Market Report – Winter 2018

Where Are The Million‐Dollar Listings?

Lake Homes Realty – Lake Market Report – Winter 2018

With a total market of more than $1 billion, Lake Michigan is the largest market in the Winter Lake Market Michigan Report. Biggest Market

1. Lake Michigan $908,675,688 (45.5%) 6. Walloon Lake $45,821,550 (2.3%) 2. Lake Huron $118,783,678 (6.0%) 7. Turtle Lake $38,486,900 (1.9%) 3. Lake Superior $88,573,938 (4.4%) 8. Lake St Clair $36,547,693 (1.8%) 4. Lake Charlevoix $65,369,988 (3.3%) 9. Torch Lake $34,421,450 (1.7%) 5. Arbutus Lake $50,726,900 (2.5%) 10. Diamond Lake - $25,114,199 (1.3%) Total Michigan Market: $1,996,264,675 Biggest Home Market Biggest Land Market 1. Lake Michigan $664,569,688 (45.9% 1. Lake Michigan $244,106,000 (44.4%) 2. Lake Huron $93,399,113 (6.5%) 2. Lake Superior $45,122,238 (8.2%) 3. Lake Charlevoix $52,904,188 (3.7%) 3. Arbutus Lake $35,273,900 (6.4%) 4. Lake Superior $43,451,700 (3.0%) 4. Lake Huron $25,384,565 (4.6%) 5. Walloon Lake $37,307,000 (2.6%) 5. Lake Charlevoix $12,465,800 (2.3%) 6. Lake St Clair $33,242,743 (2.3%) 6. Portage Lake - $9,348,500 (1.7%) 7. Torch Lake $25,363,600 (1.8%) 7. Torch Lake $9,057,850 (1.6%) 8. Diamond Lake - $24,018,399 (1.7%) 8. Walloon Lake $8,514,550 (1.5%) 9. Turtle Lake $20,790,000 (1.4%) 9. Lake Leelanau $5,563,800 (1.0%) 10. Gull Lake $20,472,999 (1.4%) 10. Torch Lake - Lake $4,843,700 (0.9%) Total Michigan Home Market: $1,446,334,465 Total Michigan Land Market: $549,930,210 With nearly 50% of the state’s total market, Lake Michigan is by far the largest of Michigan’s many lake

markets. Most Expensive Homes Most Affordable Homes 1. Walloon Lake $2,070,888 1. Lake Lancer $66,507 2. Gull Lake $1,668,583 2. Lake Lancelot $67,415 3. Spring Lake $1,382,766 3. Ross Lake $76,346 4. Lake Macatawa $1,321,157 4. Smallwood Lake $101,234 5. Walnut Lake $1,199,224 5. Wixom Lake $115,959 6. Arbutus Lake $1,030,200 6. Secord Lake $129,698 7. Lake Michigan $983,960 7. Sunset Lake $142,376 8. Torch Lake $939,392 8. East Twin Lake $175,007 9. Lake Charlevoix $915,649 9. Grand Lake $183,292 10. Elk Lake $873,414 10. Canadian Lakes $203,445

Lake Homes Realty – Lake Market Report – Winter 2018 Most Listings 1. Lake Michigan 1,495 (29.3%) 6. Canadian Lakes 95 (1.9%) 2. Lake Huron 629 (12.3%) 7. Torch Lake 69 (1.4%) 3. Lake Superior 288 (5.6%) 8. Lake Esther 60 (1.2%) 4. Lake Charlevoix 117 (2.3%) 9. Muskegon Lake 56 (1.1%) 5. Lake Lancer 110 (2.2%) 10. Paw Paw Lake 53 (1.0%) Total Michigan Listings: 5,099 Most Homes Available Most Land available 1. Lake Michigan 673 (28.3%) 1. Lake Michigan 822 (30.2%) 2. Lake Huron 352 (14.8%) 2. Lake Huron 277 (10.2%) 3. Lake Lancer 110 (4.6%) 3. Lake Superior 211 (7.8%) 4. Lake Superior 77 (3.2%) 4. Canadian Lakes 74 (2.7%) 5. Lake Charlevoix 62 (2.6%) 5. Lake Esther 60 (2.2%) 6. Lake St Clair 40 (1.7%) 6. Lake Charlevoix 55 (2.0%) 7. Paw Paw Lake 32 (1.3%) 7. Muskegon Lake 43 (1.6%) 8. Diamond Lake - Cassopolis 31 (1.3%) 8. Torch Lake 42 (1.5%) 8. Deer Lake - Independence 31 (1.3%) 9. Loch Erin Lake 34 (1.2%) 10. Torch Lake 27 (1.1%) 10. Hamlin Lake 33 (1.2%) Total Michigan Home Listings: 2,378 Total Michigan Land Listings: 2,721 Most Expensive land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Turtle Lake $744,690 1. Turtle Lake $846,407

2. Long Lake - $545,925 2. Willow Lake - Oxford $108,536 3. Spring Lake $416,196 3. Walloon Lake $85,000 4. Lake St Clair $397,688 4. Crystal Lake $69,500 5. Elk Lake $333,775 5. Grand Lake $47,500

6. Silver Lake - Traverse $303,290 6. Hart Lake $33,992 7. White Lake $248,598 7. Arbutus Lake $31,943 8. Lake Leelanau $243,970 8. Portage Lake - $30,845

9. Morgan Lake $237,884 9. Portage Lake - $29,687 10. Lake Charlevoix $215,599 10. Lake Leelanau $27,264 Most Affordable land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Milakokia Lake $9,081 1. Indian Lake - Alpha - $1,421 2. Sister Lake $10,417 2. Deer Lake - Boyne $1,595 3. Schaawe Lake $11,458 3. Tamarack Lake $1,631 4. Rice Lake $13,942 4. Six Mile Lake $1,650 5. Stanley Lake $16,428 5. Cranberry Lake - $1,783 6. Iron Lake $17,720 6. Silver Lake - Rumley $2,100 7. Lost Lake $18,615 7. Lost Lake $2,374 8. Manistique Lake $18,631 8. Lake Charlevoix $2,561 9. Brevort Lake $21,333 9. Miner Lake $2,734 10. Tee Lake $22,319 10. Cranberry Lake - $2,846

Lake Homes Realty – Lake Market Report – Winter 2018

Where Are the Million‐Dollar Listings?

Lake Homes Realty – Lake Market Report – Winter 2018

The total home and land market on Lake Norman is up North Carolina almost 10% over last winter.

Biggest Market 1. Lake Norman $639,165,485 (30.5%) 6. Lake Toxaway $63,887,700 (3.0%) 2. Jordan Lake $235,269,692 (11.2%) 7. Lake Hickory $59,862,310 (2.9%) 3. Lake Wylie $185,049,045 (8.8%) 8. High Rock Lake $59,357,501 (2.8%) 4. Lake Gaston $124,726,272 (5.9%) 9. Lake Tillery $49,225,125 (2.3%) 5. Chatuge Lake $73,406,184 (3.5%) 10. Badin Lake $47,046,470 (2.2%) Total North Carolina Market: $2,096,921,001 Biggest Home Market Biggest Land Market 1. Lake Norman $509,678,088 (31.6%) 1. Lake Norman $129,487,397 (27.2%) 2. Jordan Lake $192,832,941 (12.0%) 2. Lake Gaston $42,907,293 (9.0%) 3. Lake Wylie $149,341,766 (9.3%) 3. Jordan Lake $42,436,751 (8.9%) 4. Lake Gaston $81,818,979 (5.1%) 4. Lake Wylie $35,707,279 (7.5%) 5. Lake Toxaway $57,613,000 (3.6%) 5. Lake Hickory $22,819,111 (4.8%) 6. Chatuge Lake $50,859,399 (3.2%) 6. High Rock Lake $22,396,658 (4.7%) 7. Lake Jeanette $44,556,595 (2.8%) 7. Chatuge Lake $21,992,385 (4.6%) 8. Falls Lake $41,086,900 (2.5%) 8. Lake Tillery $20,168,025 (4.2%) 9. Lake Hickory $37,043,199 (2.3%) 9. Lake James $12,769,800 (2.7%) 10. Badin Lake $36,495,650 (2.3%) 10. Hyco Lake $10,723,466 (2.3%) Total North Carolina Home Market: $1,612,287,384 Total North Carolina Land Market: $475,518,682 Six lakes in North Carolina have more than 100 homes currently available.

Most Expensive Homes Most Affordable Homes 1. Lake Toxaway $1,112,750 1. Oak Hollow Lake $200,916 2. Falls Lake $1,074,023 2. Lake Royale $207,143 3. Lake Norman $876,728 3. Lake Mackintosh $252,315 4. Enka Lake $721,764 4. Bunn Lake $284,129 5. Beaver Lake $720,672 5. Roanoke Rapids Lake $328,242 6. Lake James $686,566 6. Lake Junaluska $337,605 7. Jordan Lake $679,728 7. John H Kerr Reservoir $346,830 8. Lake Wylie $647,651 8. Hiwassee Lake $348,753 9. Buffalo Lake $644,626 9. Atagahi Lake $368,838 10. Lake Lure $574,676 10. High Rock Lake $368,895

Lake Homes Realty – Lake Market Report – Winter 2018 Most Listings 1. Lake Norman 1,061 (18.4%) 6. Chatuge Lake 287 (5.0%) 2. Lake Gaston 598 (10.3%) 7. Lake Hickory 257 (4.4%) 3. Jordan Lake 466 (8.1%) 8. Badin Lake 194 (3.4%) 4. Lake Wylie 447 (7.7%) 9. Lake Tillery 183 (3.2%) 5. High Rock Lake 360 (6.2%) 10. Lake Rhodhiss 142 (2.5%) Total North Carolina Listings: 5,782 Most Homes Available Most Land available 1. Lake Norman 586 (21.7%) 1. Lake Norman 475 (15.5%) 2. Jordan Lake 284 (10.5%) 2. Lake Gaston 383 (12.5%) 3. Lake Wylie 252 (9.3%) 3. High Rock Lake 253 (8.3%) 4. Lake Gaston 215 (7.9%) 4. Lake Wylie 195 (6.4%) 5. Chatuge Lake 108 (4.0%) 5. Jordan Lake 182 (5.9%) 6. High Rock Lake 101 (3.7%) 5. Lake Hickory 182 (5.9%) 7. Badin Lake 98 (3.6%) 7. Chatuge Lake 176 (5.7%) 8. Lake Jeanette 91 (3.4%) 8. Lake Rhodhiss 133 (4.3%) 9. Lake Hickory 75 (2.8%) 9. Lake Tillery 120 (3.9%) 10. Lake Tillery 63 (2.3%) 10. Lake Royale 101 (3.3%) Total North Carolina Home Listings: 2,705 Total North Carolina Land Listings: 3,065 Most Expensive land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Lake Tillery $213,556 1. Lake Benson $99,609

2. Lake Norman $209,630 2. Lake Davidson $91,017 3. Lake Wheeler $152,282 3. Nantahala Lake $72,200 4. Lake Jeanette $132,374 4. Lake Tillery $41,707 5. Bear Creek Lake $126,027 5. Falls Lake $30,850

6. Lake James $123,154 6. Lake Toxaway $30,543 7. Hiwassee Lake $118,976 7. Jordan Lake $26,775 8. Lake Toxaway $118,074 8. Lake Norman $26,233

9. Badin Lake $113,620 9. Lake Sandy Plains $24,875 10. Eagle Lake $112,966 10. Fontana Lake $22,813 Most Affordable land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Lake Michie $14,506 1. Lake Royale $3,192 2. Lake Mackintosh $21,516 2. Waterville Lake $3,540 3. Hickory Nut Upper $23,785 3. Lake Mayo $3,953 4. Blewett Falls Lake $25,873 4. Badin Lake $4,206 5. Lake Adger $29,334 5. Roanoke Rapids Lake $4,734 6. John H Kerr Reservoir $30,435 6. Hyco Lake $4,772 7. Lake Townsend $32,209 7. Hiwassee Lake $5,086 8. Hickory Nut Lower $33,995 8. Lake Michie $5,457 9. Lake Summit $34,581 9. High Rock Lake $7,075 10. Lake Mayo $35,458 10. Dutchmans Creek Lake $8,775

Lake Homes Realty – Lake Market Report – Winter 2018

Where Are The Million‐Dollar Listings?

Lake Homes Realty – Lake Market Report – Winter 2018

Only seven lakes in New York

have more than 50 home listings. New York Biggest Market 1. Lake George $173,117,216 (23.2%) 6. Canandaigua Lake $34,957,900 (4.7%) 2. Lake Placid $79,848,900 (10.7%) 7. Keuka Lake $31,453,659 (4.2%) 3. Lake Champlain $37,899,248 (5.1%) 8. Chautauqua Lake $30,519,638 (4.1%) 4. Cayuga Lake $36,259,693 (4.9%) 9. Skaneateles Lake $25,349,748 (3.4%) 5. Lake Ontario $35,326,300 (4.7%) 10. Seneca Lake $17,451,974 (2.3%) Total New York Market: $747,190,003 Biggest Home Market Biggest Land Market 1. Lake George $161,063,826 (25.0%) 1. Lake George $12,053,390 (11.6%) 2. Lake Placid $72,343,900 (11.2%) 2. Keuka Lake $9,443,560 (9.1%) 3. Canandaigua Lake $32,575,200 (5.1%) 3. Lake Champlain $9,180,850 (8.9%) 4. Cayuga Lake $29,037,189 (4.5%) 4. Seneca Lake $9,004,299 (8.7%) 5. Lake Champlain $28,718,398 (4.5%) 5. Lake Ontario $8,130,300 (7.9%) 6. Lake Ontario $27,196,000 (4.2%) 6. Cayuga Lake $7,222,504 (7.0%) 7. Chautauqua Lake $26,966,983 (4.2%) 7. Lake Erie $4,147,000 (4.0%) 8. Skaneateles Lake $22,201,048 (3.4%) 8. Chautauqua Lake $3,552,655 (3.4%) 9. Keuka Lake $22,010,099 (3.4%) 9. Oneida Lake $3,401,200 (3.3%) 10. Tupper Lake $15,987,000 (2.5%) 10. Schroon Lake $2,477,300 (2.4%) Total New York Home Market: $643,688,788 Total New York Land Market: $103,501,215 Lake George and Lake Placid combine for about a third of the total New York lake market.

Most Expensive Homes Most Affordable Homes 1. Lake Placid $1,476,406 1. Delaware River $181,161 2. Lake George $1,242,463 2. Waneta Lake $185,241 3. Skaneateles Lake $1,100,414 3. Honeoye Lake $229,141 4. Otsego Lake $998,260 4. Lake Ontario $343,859 5. Upper Saranac Lake $913,272 5. Oneida Lake $355,842 6. Fourth Lake $807,962 6. Canadarago Lake $362,699 7. Canandaigua Lake $621,255 7. Chautauqua Lake $364,418 8. Cayuga Lake $571,583 8. Seneca Lake $371,732 9. Schroon Lake $555,022 9. Lake Champlain $398,755 10. Keuka Lake $511,957 10. Owasco Lake $424,466

Lake Homes Realty – Lake Market Report – Winter 2018 Most Listings 1. Lake George 193 (13.0%) 6. Keuka Lake 78 (5.2%) 2. Lake Champlain 131 (8.8%) 7. Canandaigua Lake 75 (5.0%) 3. Lake Ontario 130 (8.7%) 8. Lake Placid 56 (3.8%) 4. Cayuga Lake 86 (5.8%) 8. Seneca Lake 56 (3.8%) 4. Chautauqua Lake 86 (5.8%) 10. Oneida Lake 54 (3.6%) Total New York Listings: 1,490 Most Homes Available Most Land available 1. Lake George 144 (0.1%) 1. Lake Champlain 57 (11.8%) 2. Lake Ontario 80 (0.1%) 2. Lake Ontario 50 (10.3%) 3. Lake Champlain 74 (0.1%) 3. Lake George 49 (10.1%) 3. Chautauqua Lake 74 (0.1%) 4. Cayuga Lake 37 (7.6%) 5. Canandaigua Lake 53 (0.1%) 5. Keuka Lake 34 (7.0%) 6. Lake Placid 49 (0.0%) 5. Seneca Lake 34 (7.0%) 6. Cayuga Lake 49 (0.0%) 7. Canandaigua Lake 22 (4.5%) 8. Keuka Lake 44 (0.0%) 8. Oneida Lake 21 (4.3%) 9. Oneida Lake 33 (0.0%) 9. Lake Erie 19 (3.9%) 10. Lake Erie 26 (0.0%) 10. Owasco Lake 17 (3.5%) Total New York Home Listings: 1,027 Total New York Land Listings: 485 Most Expensive land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Lake Placid $632,996 1. Lake Placid $175,245

2. Oneida Lake $224,901 2. Cassadaga Lake $52,083 3. Lake George $112,462 3. Upper Saranac Lake $38,927 4. Chautauqua Lake $97,464 4. Big Moose Lake $30,973 5. Lake Champlain $89,798 5. Otisco Lake $21,872

6. Canandaigua Lake $83,205 6. Seneca Lake $21,111 7. Schroon Lake $74,258 7. Skaneateles Lake $20,403 8. Oseetah Lake $72,189 8. Lake Erie $16,520

9. Lake Ontario $70,268 9. Keuka Lake $8,786 10. Keuka Lake $69,185 10. Oneida Lake $8,338 Most Affordable land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Pepacton Reservoir $4,180 1. Lake Champlain $2,180 2. Lake Moraine $8,153 2. Tripp Lake $2,269 3. Delaware River $19,692 3. Lake George $4,083 4. Canadarago Lake $20,590 4. Lamoka Lake $4,158 5. Lake Of The Woods $21,074 5. Delaware River $4,824 6. Skaneateles Lake $24,491 6. Chautauqua Lake $6,100 7. Fourth Lake $25,741 7. Cayuga Lake $6,281 8. Friends Lake $34,756 8. Loon Lake $6,578 9. Brant Lake $35,758 9. Lake Ontario $6,871 10. Seneca Lake $36,427 10. Tupper Lake $7,500

Lake Homes Realty – Lake Market Report – Winter 2018

Where Are The Million‐Dollar Listings?

Lake Homes Realty – Lake Market Report – Winter 2018

The overall Oklahoma market is

down nearly 5% compared to last Oklahoma winter’s report. Biggest Market 1. Grand Lake $194,374,719 (40.0%) 6. Tenkiller Lake $20,963,499 (4.3%) 2. Lake Texoma $69,902,890 (14.4%) 7. Keystone Lake $18,541,721 (3.8%) 3. Lake Eufaula $67,795,199 (14.0%) 8. Fort Gibson Lake $18,440,498 (3.8%) 4. Skiatook Lake $35,907,290 (7.4%) 9. Oologah Lake $16,621,200 (3.4%) 5. Lake Hudson $24,071,500 (5.0%) 10. Lake Claremore $12,052,440 (2.5%) Total Oklahoma Market: $485,442,081 Biggest Home Market Biggest Land Market 1. Grand Lake $154,572,170 (45.7%) 1. Grand Lake $37,611,249 (30.0%) 2. Lake Eufaula $47,146,949 (14.0%) 2. Lake Texoma $29,155,090 (23.2%) 3. Lake Texoma $38,721,800 (11.5%) 3. Skiatook Lake $15,207,600 (12.1%) 4. Skiatook Lake $19,576,690 (5.8%) 4. Lake Eufaula $14,284,550 (11.4%) 5. Tenkiller Lake $15,558,800 (4.6%) 5. Lake Hudson $6,668,000 (5.3%) 6. Lake Hudson $13,907,600 (4.1%) 6. Fort Gibson Lake $5,959,750 (4.7%) 7. Keystone Lake $12,119,000 (3.6%) 7. Keystone Lake $5,827,721 (4.6%) 8. Oologah Lake $11,519,000 (3.4%) 8. Tenkiller Lake $4,816,199 (3.8%) 9. Lake Claremore $11,287,940 (3.3%) 9. Oologah Lake $4,283,300 (3.4%) 10. Fort Gibson Lake $10,461,748 (3.1%) 10. Lake Claremore $690,000 (0.5%) Total Oklahoma Home Market: $337,876,297 Total Oklahoma Land Market: $125,533,584 Grand Lake and Lake Eufaula combined make up nearly 60% of the total Oklahoma market.

Average Home Price 1. Grand Lake $475,593 2. Lake Texoma $360,798 3. Skiatook Lake $346,381 4. Lake Claremore $287,804 5. Oologah Lake $274,120 6. Lake Eufaula $261,354 7. Keystone Lake $244,252 8. Lake Hudson $240,564 9. Tenkiller Lake $232,018 10. Fort Gibson Lake $181,010 10

Lake Homes Realty – Lake Market Report – Winter 2018 Most Listings 1. Grand Lake 578 (23.9%) 6. Lake Hudson 152 (6.3%) 2. Lake Eufaula 515 (21.3%) 7. Skiatook Lake 150 (6.2%) 3. Lake Texoma 358 (14.8%) 8. Fort Gibson Lake 115 (4.8%) 4. Tenkiller Lake 187 (7.7%) 9. Oologah Lake 91 (3.8%) 5. Keystone Lake 164 (6.8%) 10. Lake Claremore 59 (2.4%) Total Oklahoma Listings: 2,415 Most Homes Available Most Land available 1. Grand Lake 358 (32.9%) 1. Lake Eufaula 282 (22.3%) 2. Lake Eufaula 214 (19.7%) 2. Lake Texoma 242 (19.2%) 3. Lake Texoma 110 (10.1%) 3. Grand Lake 212 (16.8%) 4. Tenkiller Lake 70 (6.4%) 4. Tenkiller Lake 115 (9.1%) 5. Lake Hudson 63 (5.8%) 5. Keystone Lake 112 (8.9%) 6. Fort Gibson Lake 61 (5.6%) 6. Skiatook Lake 88 (7.0%) 7. Skiatook Lake 58 (5.3%) 7. Lake Hudson 79 (6.3%) 8. Keystone Lake 51 (4.7%) 8. Fort Gibson Lake 48 (3.8%) 9. Oologah Lake 47 (4.3%) 9. Oologah Lake 40 (3.2%) 10. Lake Claremore 37 (3.4%) 10. Lake Claremore 21 (1.7%) Total Oklahoma Home Listings: 1,088 Total Oklahoma Land Listings: 1,262 Most Expensive land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Grand Lake $91,718 1. Lake Claremore $10,752

2. Lake Hudson $65,924 2. Grand Lake $10,277 3. Lake Texoma $50,215 3. Skiatook Lake $6,824 4. Skiatook Lake $42,119 4. Copan Lake $5,617 5. Lake Eufaula $34,899 5. Tenkiller Lake $5,264

6. Oologah Lake $25,831 6. Keystone Lake $5,048 7. Fort Gibson Lake $24,390 7. Birch Lake $4,033 8. Keystone Lake $20,545 8. Lake Texoma $3,435

9. Tenkiller Lake $19,572 9. Lake Hudson $3,419 10. Lake Claremore $15,954 10. Lake Eufaula $3,198 Most Affordable land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Birch Lake $7,744 1. Oologah Lake $2,672 2. Lake Claremore $15,954 2. Spavinow Lake $2,781 3. Tenkiller Lake $19,572 3. Fort Gibson Lake $3,136 4. Keystone Lake $20,545 4. Lake Eufaula $3,198 5. Fort Gibson Lake $24,390 5. Lake Hudson $3,419 6. Oologah Lake $25,831 6. Lake Texoma $3,435 7. Lake Eufaula $34,899 7. Birch Lake $4,033 8. Skiatook Lake $42,119 8. Keystone Lake $5,048 9. Lake Texoma $50,215 9. Tenkiller Lake $5,264 10. Lake Hudson $65,924 10. Copan Lake $5,617

Lake Homes Realty – Lake Market Report – Winter 2018

Where Are The Million‐Dollar Listings?

Lake Homes Realty – Lake Market Report – Winter 2018

Only Lake Wallenpaupack and Arrowhead Lakes have more than 100 current home listings.

Pennsylvania

Biggest Market 1. Lake Wallenpaupack $70,410,282 (23.7%) 6. Roamingwood Lake $10,943,529 (3.7%) 2. Lake Harmony - Split $24,306,393 (8.2%) 7. Westcolang Lake $9,827,648 (3.3%) 3. Lake Erie $22,374,899 (7.5%) 8. Towamensing Trails $8,475,580 (2.9%) 4. Lake Naomi $20,265,312 (6.8%) 9. Indian Mountain $7,218,140 (2.4%) 5. Arrowhead Lakes $16,478,988 (5.5%) 10. Pocono Country Place $6,999,684 (2.4%) Total Pennsylvania Market: $297,005,570 Biggest Home Market Biggest Land Market 1. Lake Wallenpaupack $55,308,423 (21.3%) 1. Lake Wallenpaupack $15,101,859 (40.7%) 2. Lake Erie $20,972,899 (8.1%) 2. Lake Harmony - Split $3,589,094 (9.7%) 3. Lake Harmony - $20,717,299 (8.0%) 3. Beltzville Lake $1,945,200 (5.2%) 4. Lake Naomi $18,436,499 (7.1%) 4. Lake Naomi $1,828,813 (4.9%) 5. Arrowhead Lakes $15,579,788 (6.0%) 5. Lake Como $1,675,999 (4.5%) 6. Roamingwood Lake $10,814,495 (4.2%) 6. Greenwood Acres $1,257,800 (3.4%) 7. Westcolang Lake $8,971,049 (3.5%) 7. Arrowhead Lakes $899,200 (2.4%) 8. Towamensing Trails $7,746,100 (3.0%) 8. Westcolang Lake $856,599 (2.3%) 9. Indian Mountain $6,956,150 (2.7%) 9. Big Bass Lake $773,540 (2.1%) 10. Pocono Country Place $6,824,837 (2.6%) 10. Towamensing Trails $729,480 (2.0%) Total Pennsylvania Home Market: $259,921,753 Total Pennsylvania Land Market: $37,083,817 Lake Wallenpaupack’s market is almost one-quarter of the total lake market in Pennsylvania.

Most Expensive Homes Most Affordable Homes 1. Conneaut Lake $708,981 1. Pocono Country Place $88,788 2. Lake Erie $570,619 2. Stillwater Lake $107,158 3. Lake Harmony - Split $376,198 3. Winona Lakes $114,412 4. Delaware River $357,316 4. Indian Mountain Lakes $128,504 5. Beltzville Lake $336,611 5. Brier Crest Woods $129,222 6. Lake Wallenpaupack $321,860 6. Emerald Lakes $154,072 7. Lake Naomi $285,943 7. Big Bass Lake $157,409 8. Westcolang Lake $223,898 8. Arrowhead Lakes $157,553 9. Bear Creek Lake $222,454 9. Locust Lake $166,845 10. Big Boulder Lake $217,618 10. Fawn Lake $168,192

Lake Homes Realty – Lake Market Report – Winter 2018 Most Listings 1. Lake Wallenpaupack 360 (18.8%) 6. Indian Mountain Lakes 85 (4.4%) 2. Arrowhead Lakes 140 (7.3%) 7. Roamingwood Lake 76 (4.0%) 3. Towamensing Trails 105 (5.5%) 8. Lake Harmony - Split Rock 74 (3.9%) 4. Lake Naomi 89 (4.6%) 9. Westcolang Lake 71 (3.7%) 5. Pocono Country Place 87 (4.5%) 10. Locust Lake 67 (3.5%) Total Pennsylvania Listings: 1,920 Most Homes Available Most Land available 1. Lake Wallenpaupack 180 (15.8%) 1. Lake Wallenpaupack 180 (23.1%) 2. Arrowhead Lakes 101 (8.9%) 2. Towamensing Trails 64 (8.2%) 3. Pocono Country Place 75 (6.6%) 3. Arrowhead Lakes 39 (5.0%) 4. Lake Naomi 64 (5.6%) 4. Big Bass Lake 38 (4.9%) 5. Lake Harmony - Split Rock 56 (4.9%) 5. Beltzville Lake 34 (4.4%) 6. Roamingwood Lake 55 (4.8%) 6. Westcolang Lake 31 (4.0%) 7. Indian Mountain Lakes 55 (4.8%) 6. Fawn Lake 31 (4.0%) 8. Towamensing Trails 41 (3.6%) 6. Locust Lake 31 (4.0%) 9. Westcolang Lake 40 (3.5%) 9. Indian Mountain Lakes 30 (3.8%) 10. Lake Erie 37 (3.2%) 10. Lake Naomi 25 (3.2%) Total Pennsylvania Home Listings: 1,140 Total Pennsylvania Land Listings: 780 Most Expensive land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Lake Harmony - Split $259,890 1. Lake Wallenpaupack $24,757

2. Lake Naomi $121,542 2. Lake Como $8,525 3. Greenwood Acres $96,902 3. Beltzville Lake $7,602 4. Emerald Lakes $66,743 4. Lake of the Pines $7,201 5. Lake Erie $50,299 5. Pymatuning Lake $6,182

6. Lake Wallenpaupack $48,798 6. Arrowhead Lakes $3,745 7. Locust Lake $42,380 8. Arrowhead Lakes $40,462

9. Westcolang Lake $35,237 10. Beltzville Lake $31,729 Most Affordable land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Tink Wig Lake $9,766 1. Arrowhead Lakes $3,745 2. Indian Mountain Lakes $11,260 2. Pymatuning Lake $6,182 3. Roamingwood Lake $13,733 3. Lake of the Pines $7,201 4. Fawn Lake $16,607 4. Beltzville Lake $7,602 5. Conashaugh Lake $19,232 5. Lake Como $8,525 6. Lake in the Clouds $19,800 6. Lake Wallenpaupack $24,757 7. Brier Crest Woods $20,157 8. Bear Creek Lake $21,410 9. Pocono Country Place $22,915 10. Towamensing Trails $23,169

Lake Homes Realty – Lake Market Report – Winter 2018

Where Are The Million‐Dollar Listings?

Lake Homes Realty – Lake Market Report – Winter 2018

Lake inventory in South Carolina has tightened by nearly 7% since last South Carolina winter’s report.

Biggest Market 1. Lake Keowee $354,541,238 (26.3%) 6. Lake Greenwood $51,583,142 (3.8%) 2. Lake Hartwell $270,340,074 (20.1%) 7. Thurmond Lake $49,143,049 (3.6%) 3. Lake Murray $194,405,325 (14.4%) 8. Lake Wateree $27,632,763 (2.1%) 4. Lake Wylie $185,049,045 (13.7%) 9. Lake Carolina $20,283,259 (1.5%) 5. Lake Marion $72,521,878 (5.4%) 10. Lake Robinson $19,159,746 (1.4%) Total South Carolina Market: $1,347,451,503 Biggest Home Market Biggest Land Market 1. Lake Keowee $203,494,658 (23.0%) 1. Lake Keowee $151,046,580 (33.2%) 2. Lake Hartwell $172,780,947 (19.5%) 2. Lake Hartwell $92,809,227 (20.4%) 3. Lake Wylie $149,341,766 (16.9%) 3. Lake Murray $66,791,814 (14.7%) 4. Lake Murray $127,613,511 (14.4%) 4. Lake Wylie $35,707,279 (7.9%) 5. Lake Marion $55,076,008 (6.2%) 5. Lake Greenwood $21,874,945 (4.8%) 6. Lake Greenwood $29,708,197 (3.4%) 6. Thurmond Lake $20,157,972 (4.4%) 7. Thurmond Lake $28,985,077 (3.3%) 7. Lake Marion $15,768,070 (3.5%) 8. Lake Carolina $19,081,659 (2.2%) 8. Lake Wateree $10,752,864 (2.4%) 9. Lake Wateree $16,879,899 (1.9%) 9. Lake Robinson $6,121,695 (1.3%) 10. Lake Robinson $13,038,051 (1.5%) 10. Lake Monticello $4,918,869 (1.1%) Total South Carolina Home Market: $886,212,105 Total South Carolina Land Market: $454,811,698 While the total lake market is down over a year ago, total listings have increased slightly.

Most Expensive Homes Most Affordable Homes 1. Lake Keowee $719,910 1. Fishing Creek Lake $255,426 2. Lake Wylie $515,738 2. Lyman Lake $272,567 3. Lake Murray $470,450 3. Lake Marion $273,566 4. Lake Katherine $434,563 4. Lake Moultrie $286,427 5. Lake Blalock $403,440 5. Lake Secession $305,309 6. Lake Wateree $390,930 6. Thurmond Lake $308,850 7. Lake Greenwood $386,577 7. Forest Lake $320,614 8. Lake William C $385,067 8. Lake Robinson $342,580 9. Lake Hartwell $358,264 9. Lake Carolina $351,627 10. Lake Carolina $351,627 10. Lake Hartwell $358,264

Lake Homes Realty – Lake Market Report – Winter 2018 Most Listings 1. Lake Hartwell 1,283 (23.5%) 6. Thurmond Lake 404 (7.4%) 2. Lake Keowee 1,114 (20.4%) 7. Lake Greenwood 315 (5.8%) 3. Lake Murray 611 (11.2%) 8. Lake Wateree 137 (2.5%) 4. Lake Marion 449 (8.2%) 9. Lake Secession 72 (1.3%) 5. Lake Wylie 447 (8.2%) 10. Lake Carolina 70 (1.3%) Total South Carolina Listings: 5,451 Most Homes Available Most Land available 1. Lake Hartwell 505 (24.2%) 1. Lake Keowee 831 (24.8%) 2. Lake Keowee 283 (13.5%) 2. Lake Hartwell 769 (23.0%) 3. Lake Murray 282 (13.5%) 3. Lake Murray 329 (9.8%) 4. Lake Wylie 252 (12.1%) 4. Thurmond Lake 296 (8.8%) 5. Lake Marion 218 (10.4%) 5. Lake Greenwood 227 (6.8%) 6. Thurmond Lake 108 (5.2%) 6. Lake Marion 225 (6.7%) 7. Lake Greenwood 88 (4.2%) 7. Lake Wylie 195 (5.8%) 8. Lake Carolina 55 (2.6%) 8. Lake Wateree 90 (2.7%) 9. Lake Wateree 47 (2.2%) 9. Lake Secession 50 (1.5%) 10. Lake Robinson 40 (1.9%) 10. Lake Moultrie 41 (1.2%) Total South Carolina Home Listings: 2,090 Total South Carolina Land Listings: 3,346 Most Expensive land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Lake Jocassee $564,301 1. Lake Wylie $48,459

2. Lake Wylie $194,054 2. Lake Murray $36,125 3. Lake Carolina $149,217 3. Lake Hartwell $20,745 4. Lake Murray $145,746 4. Lake Robinson $19,737 5. Lake Keowee $130,644 5. Lake Monticello $16,338

6. Lake Robinson $114,563 6. Fishing Creek Lake $12,184 7. Lake Lanier $107,753 7. Lake Keowee $10,500 8. Thurmond Lake $99,992 8. Lake Greenwood $9,793

9. Fishing Creek Lake $77,685 9. Broadway Lake $8,564 10. Lake Moultrie $74,841 10. Crystal Lake $6,300 Most Affordable land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Richard B. Russell Lake $11,848 1. Lake Secession $3,436 2. Lake Russell $15,211 2. Lake Russell $4,487 3. Lake Fiddlers Cove $18,582 3. Lake Moultrie $5,250 4. Lake Secession $23,952 4. Lake Marion $5,314 5. Lake Blalock $31,515 5. Lake Wateree $5,953 6. Lake Rabon $37,470 6. Crystal Lake $6,300 7. Lake Marion $42,144 7. Broadway Lake $8,564 8. Lake Monticello $43,459 8. Lake Greenwood $9,793 9. Lake Wateree $46,353 9. Lake Keowee $10,500 10. Whitewater Lake $47,125 10. Fishing Creek Lake $12,184

Lake Homes Realty – Lake Market Report – Winter 2018

Where Are The Million‐Dollar Listings?

Lake Homes Realty – Lake Market Report – Winter 2018

The Tennessee lake market is up

Tennessee nearly 17% over last winter. Biggest Market

1. Old Hickory Lake $281,311,387 (16.5%) 6. Chickamauga Lake $121,337,474 (7.1%) 2. Fort Loudoun Lake $224,679,038 (13.2%) 7. Douglas Lake $85,744,746 (5.0%) 3. Tellico Lake $185,282,488 (10.9%) 8. Tims Ford Lake $85,242,800 (5.0%) 4. Norris Lake $143,187,025 (8.4%) 9. J. Percy Priest Lake $57,268,244 (3.4%) 5. Watts Bar Lake $143,063,702 (8.4%) 10. Nickajack Lake $56,400,347 (3.3%) Total Tennessee Market: $1,705,684,981 Biggest Home Market Biggest Land Market 1. Old Hickory Lake $219,749,278 (18.9%) 1. Watts Bar Lake $69,087,959 (12.7%) 2. Fort Loudoun Lake $167,651,010 (14.4%) 2. Tellico Lake $66,563,466 (12.3%) 3. Tellico Lake $118,719,022 (10.2%) 3. Old Hickory Lake $61,562,109 (11.3%) 4. Norris Lake $93,988,774 (8.1%) 4. Fort Loudoun Lake $57,028,028 (10.5%) 5. Chickamauga Lake $78,260,649 (6.7%) 5. Norris Lake $49,198,251 (9.1%) 6. Watts Bar Lake $73,975,743 (6.4%) 6. Chickamauga Lake $43,076,825 (7.9%) 7. Tims Ford Lake $58,302,255 (5.0%) 7. Douglas Lake $30,950,647 (5.7%) 8. Douglas Lake $54,794,099 (4.7%) 8. Tims Ford Lake $26,940,545 (5.0%) 9. J. Percy Priest $45,506,864 (3.9%) 9. Cherokee Lake $22,428,663 (4.1%) 10. Nickajack Lake $44,200,650 (3.8%) 10. Center Hill Lake $22,337,447 (4.1%) Total Tennessee Home Market: $1,162,927,145 Total Tennessee Land Market: $542,757,836 While the number of home listings is up nearly 20%, the number of land listings is up more than 25%.

Most Expensive Homes Most Affordable Homes 1. Fort Loudoun Lake $861,768 1. Lake Catherine $139,974 2. Nickajack Lake $681,733 2. Lake Tansi $169,666 3. Watauga Lake $614,242 3. Lake Barkley $185,082 4. Tellico Lake $543,411 4. Cordell Hull Lake $207,999 5. Douglas Lake $514,265 5. Saint George Lake $228,925 6. Boone Lake $505,950 6. J. Percy Priest Lake $253,705 7. Hiwassee River $495,941 7. Kentucky Lake $335,151 8. Old Hickory Lake $480,751 8. Dale Hollow Lake $353,294 9. Chickamauga Lake $480,004 9. Watts Bar Lake $380,936 10. Tims Ford Lake $478,543 10. Center Hill Lake $401,454

Lake Homes Realty – Lake Market Report – Winter 2018 Most Listings 1. Tellico Lake 920 (13.8%) 6. Fort Loudoun Lake 379 (5.7%) 2. Watts Bar Lake 777 (11.7%) 7. Douglas Lake 373 (5.6%) 3. Norris Lake 730 (11.0%) 8. Cherokee Lake 342 (5.1%) 4. Old Hickory Lake 676 (10.2%) 9. Tims Ford Lake 290 (4.4%) 5. Chickamauga Lake 393 (5.9%) 10. Center Hill Lake 253 (3.8%) Total Tennessee Listings: 6,648 Most Homes Available Most Land available 1. Old Hickory Lake 454 (18.5%) 1. Tellico Lake 705 (16.8%) 2. Norris Lake 218 (8.9%) 2. Watts Bar Lake 579 (13.8%) 3. Tellico Lake 215 (8.8%) 3. Norris Lake 512 (12.2%) 4. Watts Bar Lake 198 (8.1%) 4. Cherokee Lake 286 (6.8%) 5. Fort Loudoun Lake 194 (7.9%) 5. Douglas Lake 265 (6.3%) 6. J. Percy Priest Lake 181 (7.4%) 6. Chickamauga Lake 224 (5.3%) 7. Chickamauga Lake 169 (6.9%) 7. Old Hickory Lake 222 (5.3%) 8. Tims Ford Lake 120 (4.9%) 8. Center Hill Lake 201 (4.8%) 9. Douglas Lake 108 (4.4%) 9. Fort Loudoun Lake 185 (4.4%) 10. Nickajack Lake 67 (2.7%) 10. Tims Ford Lake 170 (4.1%) Total Tennessee Home Listings: 2,457 Total Tennessee Land Listings: 4,191 Most Expensive land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Tellico Lake $149,874 1. J. Percy Priest Lake $38,775

2. Old Hickory Lake $146,687 2. Nickajack Lake $28,699 3. Fort Loudoun Lake $135,657 3. Douglas Lake $18,279

4. Boone Lake $113,626 4. Big Oak Lake $16,367 5. Nickajack Lake $100,817 5. Cherokee Lake $16,323 6. Tims Ford Lake $93,713 6. Watauga Lake $15,910

7. Melton Hill Lake $64,793 7. Old Hickory Lake $15,845 8. Cherokee Lake $61,560 8. Fort Loudoun Lake $13,884 9. Chickamauga Lake $60,154 9. Boone Lake $13,720 10. Watts Bar Lake $59,052 10. Melton Hill Lake $12,599 Most Affordable land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Lake Barkley $9,033 1. Lake Barkley $2,807 2. Cordell Hull Lake $13,041 2. Cordell Hull Lake $2,995 3. Dale Hollow Lake $21,755 3. Kentucky Lake $3,137 4. Great Falls Lake $23,246 4. Woods Reservoir $4,097 5. Campbell Cove $26,940 5. Norris Lake $5,543 6. Center Hill Lake $30,832 6. Watts Bar Lake $5,913 7. Lake Tansi $31,522 7. Fort Patrick Henry $6,092 8. Normandy Lake $32,241 8. Normandy Lake $7,359 9. J. Percy Priest Lake $37,449 9. Tellico Lake $8,193 10. Kentucky Lake $37,994 10. Hiwassee River $8,377

Lake Homes Realty – Lake Market Report – Winter 2018

Where Are The Million‐Dollar Listings?

Lake Homes Realty – Lake Market Report – Winter 2018

The total lake market is up nearly 17% over

Texas Winter 2017 to more than $3.1 million. Biggest Market 1. Lake Travis $503,740,441 (16.7%) 6. Possum Kingdom Lake $139,996,3 (4.7%) 2. Lake LBJ $344,756,808 (11.5%) 7. Canyon Lake $114,636,998 (3.8%) 3. Lake Austin $295,199,490 (9.8%) 8. Lake Livingston $91,304,97 (3.0%) 4. Lake Conroe $231,508,536 (7.7%) 9. Lake Palestine $79,847,01 (2.7%) 5. Cedar Creek Lake $160,542,527 (5.3%) 10. Lake Texoma $69,902,89 (2.3%) Total Texas Market: $3,009,231,396 Biggest Home Market Biggest Land Market 1. Lake Travis $401,903,588 (18.4%) 1. Lake LBJ $114,481,841 (14.5%) 2. Lake Austin $261,385,590 (12.0%) 2. Lake Travis $101,836,853 (12.9%) 3. Lake LBJ $229,824,967 (10.5%) 3. Lake Conroe $84,201,177 (10.7%) 4. Lake Conroe $147,307,359 (6.8%) 4. Canyon Lake $53,243,610 (6.8%) 5. Cedar Creek Lake $112,983,129 (5.2%) 5. Possum Kingdom $44,472,703 (5.6%) 6. Possum Kingdom $92,125,195 (4.2%) 6. Cedar Creek Lake $42,857,168 (5.4%) 7. Lake Livingston $72,199,126 (3.3%) 7. Lake Austin $33,813,900 (4.3%) 8. Clear Lake $64,635,567 (3.0%) 8. Lake Palestine $33,490,616 (4.2%) 9. Canyon Lake $60,627,309 (2.8%) 9. Lake Texoma $29,155,090 (3.7%) 10. Lake Palestine $41,381,398 (1.9%) 10. Lewisville Lake $27,079,010 (3.4%) Total Texas Home Market: $2,179,404,012 Total Texas Land Market: $788,112,504 Lake Conroe is now tops in home listings, while Lake LBJ is the new leader in land listings.

Most Expensive Homes Most Affordable Homes 1. Lake Austin $4,095,132 1. Holly Lake $181,041 2. Lake Woodlands $2,602,857 2. Hubbard Creek Lake $221,116 3. Lake Travis $1,612,357 3. Greenbriar Lake $223,339 4. Lake Paloma $1,348,968 4. Lake Brownwood $244,096 5. Lady Bird Lake $1,288,588 5. Lake Whitney $247,926 6. Taylor Lake $1,251,438 6. Lake Nocona $274,694 7. Lake Bob Sandlin $1,030,077 7. Belton Lake $299,144 8. Lake Waco $1,015,291 8. Hide-A-Way Lake $300,178 9. Lake LBJ $998,724 9. Lake Limestone $305,386 10. White Rock Lake $908,427 10. Houston County Lake $319,672

Lake Homes Realty – Lake Market Report – Winter 2018 Most Listings 1. Lake LBJ 787 (10.7%) 6. Lake Livingston 362 (4.9%) 2. Lake Travis 663 (9.0%) 7. Possum Kingdom Lake 359 (4.9%) 3. Canyon Lake 563 (7.6%) 8. Lake Texoma 358 (4.9%) 4. Cedar Creek Lake 513 (7.0%) 9. Richland Chambers 286 (3.9%) 5. Lake Conroe 491 (6.7%) 10. Lake Palestine 260 (3.5%) Total Texas Listings: 7,375 Most Homes Available Most Land available 1. Lake Travis 242 (7.8%) 1. Lake LBJ 544 (12.9%) 1. Lake LBJ 242 (7.8%) 2. Lake Travis 421 (10.0%) 3. Lake Conroe 237 (7.7%) 3. Canyon Lake 414 (9.8%) 4. Cedar Creek Lake 234 (7.6%) 4. Cedar Creek Lake 261 (6.2%) 5. Lake Livingston 206 (6.7%) 5. Richland Chambers 256 (6.1%) 6. Possum Kingdom 148 (4.8%) 6. Lake Conroe 254 (6.0%) 7. Canyon Lake 145 (4.7%) 7. Lake Texoma 242 (5.7%) 8. Lake Palestine 121 (3.9%) 8. Possum Kingdom 206 (4.9%) 9. Lake Texoma 110 (3.6%) 9. Lake Livingston 156 (3.7%) 10. Clear Lake 88 (2.9%) 10. Lake Palestine 138 (3.3%) Total Texas Home Listings: 3,083 Total Texas Land Listings: 4,212 Most Expensive land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Lake Austin $1,147,157 1. Lake Austin $1,186,567

2. Inks Lake $663,978 2. Lake Conroe $342,421

3. Lake Ray Hubbard $159,459 3. Taylor Lake $597,245 4. Lake McQueeney $522,148 4. Meadow Lake $130,618 5. Lake Ray Hubbard $473,042 5. Lewisville Lake $119,865 6. Lake Conroe $441,125 6. Safari Waters Ranch $74,281

7. Lake LBJ $423,712 7. Lake Travis $66,690 8. Eagle Mountain Lake $365,310 8. Lake Bridgeport $63,732 9. Lake Placid $342,009 9. Lake Texoma $49,437 10. Lake Marble Falls $322,748 10. Canyon Lake $42,747 Most Affordable land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Mountain Lakes $11,203 1. Lake Quitman $2,500 2. Lake Amon G Carter $17,281 2. Toledo Bend Reservoir $2,555 3. Callender Lake $22,318 3. Lake Gladewater $3,250 4. Safari Waters Ranch $28,725 4. Possum Kingdom Lake $3,538 5. Lake Holbrook $33,990 5. Aquilla Lake $4,072 6. Holly Lake $35,512 6. Lake Amon G Carter $4,370 7. Hubbard Creek Lake $35,941 7. Lake Whitney $4,498 8. Lake Ray Roberts $37,303 8. Lake Tawakoni $4,506 9. Lake Whitney $40,368 9. Lake Bonham $7,047 10. Hilltop Lakes $43,333 10. Lake Athens $7,255

Lake Homes Realty – Lake Market Report – Winter 2018

Where Are The Million‐Dollar Listings?

Lake Homes Realty – Lake Market Report – Winter 2018

Smith Mountain Lake continues to

account for more than half the Virginia total Virginia lake market.

Biggest Market 1. Smith Mountain $392,528,454 (49.1%) 6. John H Kerr $19,245,099 (2.4%) 2. Lake Gaston $124,726,272 (15.6%) 7. Fawn Lake $15,128,999 (1.9%) 3. Lake Anna $110,154,085 (13.8%) 8. Leesville Lake $13,543,499 (1.7%) 4. Lake of the Woods $25,027,768 (3.1%) 9. Lake Monticello $12,574,540 (1.6%) 5. Occoquan Reservoir $20,022,340 (2.5%) 10. Lake Chesdin $8,324,750 (1.0%) Total Virginia Market: $799,173,418 Biggest Home Market Biggest Land Market 1. Smith Mountain $226,414,913 (45.1%) 1. Smith Mountain $166,113,541 (55.9%) 2. Lake Gaston $81,818,979 (16.3%) 2. Lake Anna $46,346,493 (15.6%) 3. Lake Anna $63,807,592 (12.7%) 3. Lake Gaston $42,907,293 (14.4%) 4. Lake of the Woods $22,033,871 (4.4%) 4. Leesville Lake $9,259,549 (3.1%) 5. John H Kerr $18,190,299 (3.6%) 5. Occoquan Reservoir $5,347,350 (1.8%) 6. Occoquan Reservoir $14,674,990 (2.9%) 6. Lake Chesdin $4,601,350 (1.5%) 7. Fawn Lake $12,816,999 (2.6%) 7. South Holston Lake $3,345,400 (1.1%) 8. Lake Monticello $10,135,440 (2.0%) 8. Lake of the Woods $2,993,897 (1.0%) 9. Lake Frederick $6,891,770 (1.4%) 9. Lake Monticello $2,439,100 (0.8%) 10. Lake Holiday $6,690,230 (1.3%) 10. Fawn Lake $2,312,000 (0.8%) Total Virginia Home Market: $501,893,796 Total Virginia Land Market: $297,279,622 Home listings on Smith Mountain Lake has decreased by nearly 20% compared to last winter. Most Expensive Homes Most Affordable Homes 1. Occoquan Reservoir $977,525 1. Lake Monticello $278,336 2. Fawn Lake $717,499 2. Lake Holiday $304,101 3. Smith Mountain Lake $680,352 3. Lake Gaston $335,884 4. Lake Anna $510,440 4. Lake of the Woods $349,242 5. John H Kerr Reservoir $395,773 5. Lake Frederick $386,868 6. Lake Frederick $386,868 6. John H Kerr Reservoir $395,773 7. Lake of the Woods $349,242 7. Lake Anna $510,440 8. Lake Gaston $335,884 8. Smith Mountain Lake $680,352 9. Lake Holiday $304,101 9. Fawn Lake $717,499 10. Lake Monticello $278,336 10. Occoquan Reservoir $977,525

Lake Homes Realty – Lake Market Report – Winter 2018 Most Listings 1. Smith Mountain Lake 1,009 (37.4%) 6. Lake Holiday 66 (2.4%) 2. Lake Gaston 598 (22.2%) 7. John H Kerr Reservoir 63 (2.3%) 3. Lake Anna 401 (14.9%) 8. Lake Monticello 60 (2.2%) 4. Lake of the Woods 117 (4.3%) 9. South Holston Lake 35 (1.3%) 5. Leesville Lake 87 (3.2%) 10. Occoquan Reservoir 31 (1.1%) Total Virginia Listings: 2,696 Most Homes Available Most Land available 1. Smith Mountain Lake 333 (33.9%) 1. Smith Mountain Lake 676 (39.4%) 2. Lake Gaston 215 (21.9%) 2. Lake Gaston 383 (22.3%) 3. Lake Anna 126 (12.8%) 3. Lake Anna 275 (16.0%) 4. Lake of the Woods 61 (6.2%) 4. Leesville Lake 78 (4.6%) 5. John H Kerr Reservoir 50 (5.1%) 5. Lake of the Woods 56 (3.3%) 6. Lake Monticello 41 (4.2%) 6. Lake Holiday 44 (2.6%) 7. Lake Holiday 22 (2.2%) 7. South Holston Lake 30 (1.8%) 8. Fawn Lake 18 (1.8%) 8. Lake Chesdin 24 (1.4%) 8. Lake Frederick 18 (1.8%) 9. Lake Monticello 19 (1.1%) 10. Occoquan Reservoir 15 (1.5%) 10. Lake Izac 18 (1.1%) Total Virginia Home Listings: 982 Total Virginia Land Listings: 1,714 Most Expensive land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Fawn Lake $222,950 1. Smith Mountain Lake $61,730

2. Lake Monticello $178,145 2. Occoquan Reservoir $42,847

3. Smith Mountain Lake $119,432 3. Hunting Run $38,030

4. Occoquan Reservoir $119,324 4. Lake Chesdin $37,500 5. Lake of the Woods $109,436 5. Lake John $20,986 6. Lake Holiday $101,413 6. Lake Anna $13,910 7. Lake Anna $75,158 7. South Holston Lake $11,976 8. Lake Izac $66,935 8. Lake Gaston $10,637 9. Lake Gaston $66,014 9. Leesville Lake $8,924 10. Lake John $53,226 10. Claytor Lake $4,463 Most Affordable land per acre Listings of Less Than 10 Acres Listings of 10 Acres or More 1. Haleford Lake $12,584 1. Claytor Lake $4,463 2. Sandy River Reservoir $24,458 2. Leesville Lake $8,924 3. South Holston Lake $26,495 3. Lake Gaston $10,637 4. Ni River Reservoir $29,605 4. South Holston Lake $11,976 5. Hunting Run $36,544 5. Lake Anna $13,910 6. John H Kerr Reservoir $38,490 6. Lake John $20,986 7. Leesville Lake $48,397 7. Lake Chesdin $37,500 8. Lake Chesdin $49,856 8. Hunting Run $38,030 9. Lake John $53,226 9. Occoquan Reservoir $42,847 10. Lake Gaston $66,014 10. Smith Mountain Lake $61,730

Lake Homes Realty – Lake Market Report – Winter 2018

Where Are The Million‐Dollar Listings?