A new lake real estate report from the country’s largest lake-focused brokerage show 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 $1.20 billion in the summer of 2022,” said Tyler Whitten, a new agent with Lake Homes Realty, who focuses on Lake Martin in Alabama. Lake Homes Realty operates in 34 states across the country.
“The new quarterly lake real estate report from Lakehomes.com shows Lake Martin to be the second largest market in the state of Alabama,” said Whitten. “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 16, 2023, Lake Martin has 297 lake area properties listed, ranging from a $6,000 lot to an $8.5 million lake home. “Sixty-six of the properties were listed for over $1 million,” said Whitten.
The average home price for listings around Lake Martin is $1.09 million, according to the Lake Market Real Estate Report. The average lot price is $293,246 for the 144 lake area lots currently listed.
“Boating is extremely popular on Lake Martin, as are its related activities, waterskiing, tubing, and in recent years, its fishing tournaments,” said Whitten. “With 44,000 acres of pristine water and 700 miles of shoreline, Lake Martin can be found between Birmingham, Montgomery, Columbus, and Atlanta,” said Whitten. Lake Martin appeals to lake home searchers from across the country as it remains at the Top-5 of Lake Home Realty’s Annual ‘Hot Lakes’ list. Among the hundreds of people searching the lake homes and lots on Lake Martin in May 2023, the top Metro area looking on LakeHomes.com was Atlanta, Georgia, followed by Chicago and Dallas, Texas. “ The national reach offered by LakeHomes.com works really well with my local expertise along Lake Martin and the surrounding area,” said Whitten. 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 “Tyler offers outstanding customer service in the Lake Martin areas and is truly a specialist in that area,” he said.
About Tyler Whitten
Tyler cherishes her fondest childhood memories of visiting her grandmother on Lake Logan Martin. Now, she creates new memories with her own family on Lake Martin, where they have owned a home for the past 15 years. Witnessing the remarkable growth of the surrounding community over the years, Tyler is delighted to find that Lake Martin offers something for everyone.
“Whether your interests are boating, fishing, hiking, golf, watersports, or even just being in nature, you will find it all on Lake Martin,” she exclaims. Among the things she adores are the breathtaking sunsets and the tranquil mornings on the lake.
Born and raised in Birmingham, Alabama, Tyler boasts over 20 years of experience in the real estate industry. Her genuine passion for her work inspires her to transform her clients’ dreams into tangible addresses.
“Purchasing or building a home is usually the largest investment an individual or family will ever make, so I feel that being able to guide my clients in making knowledgeable, sound decisions during an often emotional and complicated process is one of my greatest accomplishments,” Tyler says.