Lakefront Homes that sold in October 2016 Lake Oconee Real Estate Market

October 2016 Lake Oconee Real Estate Market Review

The homes pictured above sold in October 2016 for over $1 Million.

October 2016 was a strong month for the Lake Oconee real estate market, especially since it’s fall!  We ended the month with a total of 69 transactions, which is up from 59 in September.  October 2015 yielded 54 sales, so we are in a better position going into November than we were last year. Below is a more detailed breakdown of the Lake Oconee real estate market for October 2016:

49 Residential Properties SOLD
  • 18 were on the water with sale prices ranging from $209,500 to $3,350,570
  • 9 were on the golf course with sale prices from $275,000 to $1,115,000
  • 21 were in gated golf communities, 9 of which were in Reynolds Lake Oconee
  • 30 were in Greene County, 3 were in Morgan County, and 16 were in Putnam County
  • One bank-owned home sold
  • 2 residential properties sold for over $1 Million
20 Land Lots SOLD
  • 6 were on the water with sale prices ranging from $25,000 to $520,000
  • 4 were on the golf course with sale prices from $50,000 to $200,000
  • 11 were in gated golf communities, with 9 of those in Reynolds Lake Oconee
  • 15 were in Greene County, 2 were in Morgan County, and 3 were in Putnam County
  • No bank-owned land lots or short-sales sold in October

We hope that you found the October 2016 Lake Oconee real estate market information useful.  If you have any questions, please call us at 706-816-1010.  We would love to discuss this information in further detail!  If you are considering selling your Lake Oconee area property, we would appreciate the opportunity to meet with you!

This October 2016 Lake Oconee real estate market information was gathered from the LCBOR on 11/09/2016.  It is deemed reliable, but not guaranteed.