Warm lake days are now upon us! From blooming flowers to higher UV rays, see how things were faring on the lake before the season’s change with this overview of Lake Martin’s February 2025 Residential Report.
Inventory rose.
Comparing inventory numbers year-over-year, Lake Martin waterfront properties increased from 122 units in February 2024 to 143 in February 2025. That’s a 17.2% increase—and 21 more opportunities for you to find your lake home!
The average sales price increased.
Similar to the inventory increase, the average sales price rose compared to the same period last year.
Specifically, in February 2024, the average sales price was $1,097,087, whereas in February 2025, it was $1,337,850. That’s a $240,763 increase and great news for sellers!
Houses spent less time on the market.
Heads up, buyers! Many residents are eager to move to the waterfront, resulting in quick sales despite the increase in available homes. According to the Lake Martin Residential Report for February 2025, lake homes spent 22 days less on the market than the previous year.
Analyzing the data, we find that the average number of days homes stayed on the market in February 2024 was 171. By February 2025, this number decreased to 149 days. This represents an impressive 12.9% decline, indicating it is time to start house hunting!
Total residential sales went up.
With these statistics in mind, it is no surprise that the total residential sales increased.
Reviewing market trends, residential sales in February 2024 totaled 17 properties, compared to 20 residential sales in February 2025. This represents a 17.6% increase, indicating a positive upward trend in the market.
Summary
With this overview of Lake Martin’s February 2025 Residential Report hot in your mind, are you ready to move to the water before summer? Contact Ryan Roberts, your locally trusted Lake Martin real estate expert and agent.
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