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Lake Oconee Real Estate Market Trends for December 2016
The Lake Oconee waterfront home pictured above sold in December 2016 for over $1 Million!
Last year was a great one for the Lake Oconee real estate market! Real estate sales were slow to begin with, but as we transitioned from Spring into Summer, the number of sales greatly increased and continued to trend upwards into the fall months. They leveled off, and then dipped ever-so-slightly in December, which was expected due to the hustle and bustle of the holiday season. There were 57 transactions in December 2016: 30 residential properties and 27 land lots. Below is a brief summary of the Lake Oconee real estate market for December 2016.
57 Real Estate Sales in the Lake Oconee area
22 waterfront properties sold 13 golf course properties sold 4 properties sold for $1 Million or more 39 were in gated golf communities 28 were in Reynolds Lake Oconee 42 were in Greene County, 1 was in Morgan County, and 14 were in Putnam County 1 bank-owned property sold in December
Again, this is just a brief summary of last month's real estate sales. Visit our website for a more detailed breakdown of the Lake Oconee real estate market sales for December 2016.
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