August 2017 Lake Oconee Real Estate Market Review

The Lake Oconee lakefront home pictured above was just one of the properties SOLD by The Vining Group in August!

The Lake Oconee real estate market continues to be hot!  There were a total of 69 real estate transactions in August:  51 residential properties and 18 land lots.  The demand continues to be high while supplies are gradually diminishing.  If you are wanting to sell your Lake Oconee area property, now is the time!  Below is a detailed breakdown of what sold last month.

51 Residential Properties SOLD

  • 4 sold for over $1 Million
  • 23 were on the water with sale prices ranging from $155,000 to $1,500,000
  • 9 were on the golf course with sale prices between $280,000 and $1,075,000
  • 30 were in gated golf communities, 19 were in lakefront communities, and 2 were in offwater communities
  • 32 were in Greene County, 17 in Putnam County, and 2 in Morgan County
  • 13 residential properties were located in Reynolds Lake Oconee
  • 10 town homes/condos sold
  • There were no bank-owned properties sold in August

18 Land Lots SOLD

  • 9 were on the water with sale prices ranging from $200,000 to $875,000
  • 4 were on the golf course with sale prices between $82,000 and $200,000
  • 9 were in gated golf communities, 8 were in lakefront communities, and 1 were in offwater communities
  • 11 were in Greene County, 3 were in Morgan County, and 4 were in Putnam County
  • No bank-owned properties sold last month

We hope you find this information valuable.  As you can see, the Lake Oconee real estate market is hot right now!  Again, if you are considering selling your Lake Oconee area property, now is the time!  Give The Vining Group a call today at 706-686-5033, and let us tell you how we will work tirelessly to get your property SOLD!

This information was gathered from the LCBOR MLS on 09/07/2017 and is deemed reliable but not guaranteed.

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