Lake Oconee Waterfront Home that Sold in April 2016- Real Estate Market Review

Real Estate Market Update – April 2016

 

 The Reynolds Lake Oconee home pictured above SOLD in April for $1,590,000.

There were a total of 48 transactions for the month of April 2016.  Of the 48 transactions, 31 are residential properties including single family dwellings, manufactured homes, condos and townhomes, and 17 were land lots.  Two properties sold for over $1 Million; one in Reynolds Lake Oconee and the other in Great Waters.  A detailed breakdown of the Lake Oconee area real estate market for the month of April 2016 is below:

31 Residential Properties SOLD
  • 12 are on the water with sale prices ranging from $340,000 to $1,590,000
  • 3 are on the golf course with sale prices from $150,000 to $622,000
  • 15 are in gated golf communities
  • 19 are in Greene County, 1 is in Morgan County & 11 are in Putnam County
  • 1 bank-owned residential property sold
17 Land Lots SOLD
  • 9 are on the water with sale prices between $80,000 and $800,000
  • 1 is on the golf course with a sale price of $33,000
  • 14 are in the gated golf communities, 10 of which are in Reynolds Lake Oconee
  • 13 are in Greene County, 1 is in Morgan County & 3 are in Putnam County
  • 1 bank-owned land lot sold

We hope that this information provides you with some insight into the current Lake Oconee real estate market.  If you have any questions or want to discuss this information, please contact The Vining Group at 706.816.1010.

This Real Estate Market information is gathered from the LCBOR MLS on May 3rd, 2016 and is deemed reliable but not guaranteed.

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