With another year behind us, we have created two yearly comparison charts of the Lake Oconee Area for residential properties and land lots. The charts depict the number of sold properties in each category from January 1st through December 31st of the years 2010 – 2015. Like the regional market stat charts we post on a monthly basis, these charts are broken down into the various gated golf communities, lakefront properties outside the gates, counties and price ranges. You will see that the year 2015 was a great one here in the Lake Oconee Area. The number of transactions for residential properties increased in all communities and other major categories except for a couple, where the number remained the same as it was in 2014. For land lots, the number of sold transactions was up from 2014 in many categories, but was down in others, and may be a result of less available inventory in those communities.
If you would like to discuss this information in more detail, or want to know our expectations of the 2016 Lake Oconee real estate market, please contact The Vining Group at 706-816-1010.