Name:   John C - 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