Lake Oconee lakefront home sales increase 27% in 2010!

By
Real Estate Agent with Coldwell Banker Lake Country 284620

2010 proved to be a rebound year for sales of Lake Oconee lakefront single family homes, with 70 homes sold for an average price of $705,000, according to statistics compiled by the Lake Country Board of Realtors.  That compares to 2009 sales of 55 homes and an average price of $587,000.

lake oconee view

With some 218 homes actively on the market, its definitely a buyers market, but the steady rise in sales and comparatively few foreclosures indicate that the market has found its "legs" - the point at which buyers feel confident moving forward.

Lake Oconee is conveniently located along Georgia's I-20 east corridor, midway between Atlanta and Augusta.  The 19.000 acre lake is Georgia's second largest lake, and features championship golf courses as well as boating and fishing for the entire family.

Lakefront homes can be found from the $200's to more than $2million - so be sure you contact a local expert to help you navigate the waters when shopping for lakefront property at Lake Oconee.

I specialize in rural properties in the Madison and Lake Oconee area, and consistently produce top tier results for buyers and sellers.  Please contact me if you want to discover if Lake Oconee Georgia is right for you.

 

Posted by

******************************

facebook horse-and-home-georgia  Jeanne Dufort on Zillow

 Are you thinking dreaming about a place that will nuture your soul, bring your family together, or give you a chance to give back?  Whatever your dream, I'm committed to helping you explore how Georgia's Lake Country fits in. Located midway between Atlanta and Augusta, the lake country offers two recreational lakes, plus wonderful historic small towns with a commitment to sustainable agriculture. Lets talk.

Jeanne Dufort

2010 Realtor of  the Year

Lake Country Board of Realtors

horse and home logo

            Find Madison and Lake Oconee real estate news on Google+

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the flag to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Real Estate Market Trends
Location:
Georgia
Groups:
HyperLocal Neighborhood and Community Posts
Posts to Localism
The Ninety-ninth Percentile
The Recovery Train
Tags:
lake oconee georgia home sales
lake oconee sales report

Comments 6 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the key to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainer
114,287
Cinnamon Wright
Assistant to Tish Lloyd
Wilmington Real Estate 4U 910.547.1446

Wow!  Your 2010 market is definitely something to talk about! 

January 05, 2011 06:04 PM
Rainmaker
259,601
Jeanne Dufort
Madison and Lake Oconee GA
Coldwell Banker Lake Country

Thanks, Cinnamon - its been a steady increase all year, so I feel pretty confident that we're on the rise.

January 05, 2011 06:11 PM
Rainmaker
132,325
Gretchen Karr
Realtor
Berkshire Hathaway HomeServices

Jeanne, Wow!  27% increase is fantastic.  The area sounds quite magnificent with a ton of outdoor activities along with the scenic beauty of the area.  Best of luck in 2011!!

January 05, 2011 06:35 PM
Rainmaker
259,601
Jeanne Dufort
Madison and Lake Oconee GA
Coldwell Banker Lake Country

Thanks, Gretchen - this is a wonderful place to live and work.

January 05, 2011 06:38 PM
Rainer
334,986
Laura S. Baker
Realtor, (920) 728-4118, First Weber Group
First Weber Group

Jeanne, it is so much fun to look through all your posts!  Sorry I don't comment more, but I did want to say high tonight and tell you just how beautiful these are.  See ya again soon.

January 05, 2011 08:28 PM
Rainmaker
259,601
Jeanne Dufort
Madison and Lake Oconee GA
Coldwell Banker Lake Country

Thanks, Laura - "high" back at you!

January 05, 2011 09:22 PM
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the truck to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainmaker
259,601

Jeanne Dufort

Madison and Lake Oconee GA
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the music-note to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information