Market Update – April 2015 in Review

This exquisite Lake Oconee home in Harbor Club was SOLD by The Vining Group in April 2015 for a price of $1,057,000.00!!

The 2015 Lake Oconee Area real estate market is continuing to excel with a total of 57 transactions in April alone.  This compares to 55 transactions in April 2014.  Of the 57 transactions in April 2015, 35 were residential properties including single family dwellings, condos, townhomes and a manufactured home.  Land Lots accounted for 22 of the closed transactions.  Only three bank-owned properties sold, and they were all land lots, not residential dwellings.  Two properties sold for over One Million in April, one of which was a listing of The Vining Group!!  For a more detailed breakdown of the April 2015 Lake Oconee Area market, please see below:

 

35 Residential Properties SOLD

  • 12 were Lakefront Homes with prices ranging from $225,000 to $1.8 Million
  • 3 were Golf Course Homes with prices ranging from $287,000 to $560,000
  • 9 of the residential dwellings that sold were condos/townhomes
  • No Bank-Owned Homes sold
  • 2 Homes sold for over $1 Million

 

22 Land Lots SOLD

  • 7 were Lakefront Lots with prices ranging from $80,000 to $575,000
  • 5 were Golf Course Lots with prices ranging from $30,000 to $255,000
  • 3 Bank-Owned lots sold
  • 10 of the Land Lots sold were in Reynolds Plantation Proper

 

We hope you will find this information regarding the Lake Oconee Area real estate market useful!  If you are interested in buying or selling real estate in our area, we would LOVE the opportunity to meet with you and discuss how our Lake Oconee Area market expertise can benefit you!   Please feel free to contact The Vining Group at 706-816-1010 with any questions.

 

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