If the Federal Reserve wants to fight higher real estate prices on Lake Martin, they are going to need more weapons than higher interest rates. Their current approach is having marginal impact to lake property values. According to data derived from the Lake Martin Area Association of Realtors® Multiple Listing Service, property values are now higher than those from the same period last year.  

When looking at market data, I prefer to look at the most recent 12-month period and compare it to the same period last year. The most recent 12-month period data at Lake magazine’s presstime ends April 30, 2023. The charts accompanying this article show data for one-year periods for each of the last 10 years as of April 30.