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.
For more articles regarding the Lake Oconee real estate market, visit the Inventory Updates page on our website. We post several articles each month that provide specific information on the real estate sales in our area. They include a review of the monthly sales, tables of active and sold data for specific subdivisions and price brackets in our area, and a PDF document of all sales for the month with links to each property's MLS page.
We hope that you find this information useful, and that it provides you with some insight into the current state of our Lake Oconee real estate market. If you would like to discuss any of this information in further detail, contact us at 706-816-1010.
If you are interested in purchasing or selling a Lake Oconee area property, we would love the opportunity to work with you! Again, just call us at 706-816-1010, and let us assist you with all of your Lake Oconee real estate needs!
This information was gathered from the LCBOR MLS on 01/05/17 and is deemed reliable, but not guaranteed.