Using data from the homes SOLD in the Lake Oconee Area from November 2012, this graph displays the relevance each different type of lake access lot. The listing price for any home will depend on the type of lake access. As you can see, homes with private frontage sell for a significantly higher price in comparison to those with no lake access in the Lake Oconee community.
Within the last 30 days, there has been a total of 21+ SOLD homes in the Lake Oconee Area!! These homes have been priced anywhere from $44,000 up to $1,065,000. This includes a great variety of the type of home, lake access, selling price, and subdivisions.
Subdivisions included were Great Waters, Waters Edge, Cuscowilla, Harbor Club, Reynolds Plantation, Phoenix Shores, The Waterfront of Lake Oconee, Pinnacle Point, Eagle View, Point Royal, Sebastian Cove, Sugar Bend, Richland, Oconee Acres, and Town Creek. As you can see by now, these homes were scattered across the counties of Greene, Putnam, and Morgan. Ten homes were located in parts of Greene county, 10 more in Putnam County, and one found in Morgan County this November. The sold price for Putnam County homes were much higher this past month with an average of about $415,800, whereas Greene County’s average sold price was roughly $295,911. (These price ranges will vary each month due to different circumstances.)
Of these sold homes…
4 were Foreclosured/Bank-Owned homes
8 were within a Golf Course Community, while 2 were actually on the course
Over 50% were in a lake community
and an additional 5 homes had private frontage on the Lake
Above is an example of one of the beautiful homes sold this past November in the Lake Oconee Area!
A big Thank You to all of our agents, customers and friends who contributed to this year’s Food Drive. We began the Drive with a lofty goal of $1000. After a ton (literally) of canned goods, we can proudly say that we exceeded our goals! Cash contributions came in at $1180 (vs. $530 last year!) and food was roughly the same as last year at one ton. What this boils down to is more food reaching more people in need … and that is something to be proud of!
Thanks again and Happy Holidays from all of us at Coldwell Banker LOR!
And another thank you to Antonio Garcia for taking time during his lunch hour to take our photo. www.antoniophoto.com, located next to Pounders.
In the last 30 days, 21 homes listed in the Lake Oconee Area have SOLD!! Of those 21 homes, FOUR were foreclosed properties. The graph shown below displays the variations between the sellers original asking price in relation to the sold price at closing. Notice the correlation between the number of days on the market and the price discrepancy. (DOM= “Days on Market”) The properties that sold farthest away from the original asking price were on the market for a significantly greater number of days. Simply by listing your home for the appropriate price, the more likely you are to sell your home FASTER!
Let Jonathan and Alyce’s experience and knowledge of the local market be your guide to sell FASTER!