A new lake real estate report from the country’s largest lake-focused brokerage shows listing prices in Alabama are up over summer 2022. “The new Lake Real Estate Market Report from Lake Homes Realty shows Alabama’s total market at $1.46 billion, up from $1.2 billion in the summer of 2022,” said Jan Oliver, a new agent with Lake Homes Realty, who focuses on Lake Eufaula in Alabama. Lake Homes Realty operates in 34 states across the country.
“The new quarterly lake real estate report from Lakehomes.com shows Lake Eufaula to be the ninth largest market in the state of Alabama and the sixth largest in the land market,” said Oliver. “The specialized website just showcases properties that are lakefront, have a lake view or lake access so we can help clients from across the country search for dream lake properties.” As of June 28, 2023, Lake Eufaula has 85 lake area properties listed, ranging from a $12,500 lot to a $1.87 million lake home. “Two of the properties were listed for over $1 million,” said Oliver.
The average home price for listings around Lake Eufaula is $380,912, according to the Lake Market Real Estate Report. Current lot prices around the lake vary depending on location, lot terrain, and size. Available lots vary in size from less than half of an acre to development properties with hundreds of acres. The large variation in lot sizes brings the average lot price in the Lake Market Real Estate Report to $361,216.
“Boating is extremely popular on Lake Eufaula, as are its related activities, waterskiing, tubing, and wakeboarding,” said Oliver. “With just over 45,000 acres of pristine water, it ventures into Georgia. Lake Eufaula appeals to lake home searchers from across the country. Among the hundreds of people searching the lake homes and lots on Lake Eufaula in May 2023, the top Metro area looking on LakeHomes.com was Atlanta, Georgia, followed by Chicago and Dallas, Texas,” said Oliver. “ The national reach offered by LakeHomes.com works really well with my local expertise along Lake Eufaula and the surrounding area,” said Oliver. One in 37 American adults look at LakeHomes.com each year.
“We believe our agents’ intimate knowledge about their lake real estate markets, nuances of the lakes themselves, and their involvement in local lake life is paramount to our continued growth,” said Glenn S. Phillips, CEO and Chief Economic Analyst for Lake Homes “Jan offers outstanding customer service in the Lake Eufaula areas and is truly a specialist in that area,” he said.
About Jan Oliver
Susan, affectionately known as Jan among her family and close friends, is in the business of turning dreams into reality. With an in-depth knowledge of Lake Eufaula and Walter F. George Lake, Jan was seemingly destined to become a real estate expert in the very place she holds dear.
During her upbringing, Jan and her family frequently visited the lake for fishing and camping escapades. Their profound affection for Lake Eufaula prompted Jan and her husband to transition into full-time lake enthusiasts. In fact, Jan has been a property owner on Lake Eufaula since well before 2014. Her daily life immersed in the tranquil surroundings of Lake Eufaula has made her an unparalleled authority on the subject.
Jan enthusiastically explains, “In my role as a realtor, I have the privilege of fulfilling people’s aspirations. Depending on where my clients are in their life journey, it could mean assisting them in acquiring their first home, adding a second property on the lake, or facilitating the sale of a property to either expand or downsize. Whatever the dream may be, we work diligently to make it a reality.”
Jan shares her lakeside haven with her husband of 48 years, Greg. Together, they have been blessed with two children, three grandchildren, and a trio of beloved dogs. Their shared joys include boating, fishing, and the simple pleasure of observing life from their front porch. When at home, you’ll likely find Jan relishing her front porch, fully immersed in the serene lake lifestyle, occasionally pausing to marvel at the eagles as they gracefully dive for fish. That is, of course, when she’s not busy helping others discover the profound joys of lake living!