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Greene County, GA Real Estate News

By Catherine Borah, The Key To Your Next Home!
(Borah Realty Source)
4 Side Brick on Basement, Cul-De-Sac Street, Brookwood School + Walking Distance to Pool. NEW exterior/interior paint. NEW HVAC & energy efficient PELLA windows. Central Vacuum throughout Updated open concept kitchen has white cabinetry, quartz counters & dining bay. Fireside keeping/family room. Vaulted light-filled sun room w/exposed brick. Grilling deck views private backyard. Living/dining room combo. Master bedroom w/dual vanity bath. 2 oversized bedrooms share an updated bath. Basement offers HUGE media/game room, stubbed bath, office OR 4th bedroom + awesome workshop! Free Home Values Follow This Home! Search All Homes For Sale Homes Close to Where You Work Schedule a Showing/Request Info Presented By: Catherine Borah Realtor - Associate Broker Borah Realty Source 678-873-7018 L...
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By Jonathan & Alyce Vining, Lake Oconee Realtors
(Lake Oconee)
 The Lake Oconee Real Estate market continues to be strong!There were a total of 90 real estate transactions in May, 2018!90 Properties SOLD (61 Residential/29 Land Lots)32 on Water (21 residential/11 land lots) Sales prices: $55,000 to $2,750,00018 on Golf Course (13 residential/5 land lots) Sales prices: $20,000 to $1,390,00011 Over $1 Million53 in Gated Golf Communities (34 residential/19 land lots)28 in Lakefront Communities (21 residential/7 land lots)  9 in Off water Communities (6 residential/3 land lots)Greene County had 57 properties; Morgan had 5 properties; and Putnam had 28 properties We anticipate sales to continue at this pace as we move further into the selling season.  If you are considering putting your property on the market, call The Vining Group at Keller Williams.  ...
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By Jonathan & Alyce Vining, Lake Oconee Realtors
(Lake Oconee)
The Lake Oconee Real Estate Market has continued to be active during the months of November 2017 through January 2018.   In January, there were a total of 52 transactions.  Below is the detailed breakdown of January's sales.52 Properties SOLD On Water:  21    Sale prices:  $56,000 to $1,348,000 On Golf Course: 9    Sale prices:  $18,000 to $874,000 Condos / town homes sold: 2    Sale price:  $151,000 to$375,000 Over $1 Million: 4 Gated Golf Communities: 27 Lakefront Communities:   31 Off water communities:     4 Greene County:  31 Morgan County:    3 With Spring right around the corner, we anticipate sales to increase as we move further into the selling season.  If you are considering putting your property on the market, call The Vining Group at Keller Williams, #1 company in real estat...
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By Jeanne Dufort, Madison and Lake Oconee GA
(Coldwell Banker Lake Country)
Georgia's Lake Country* market continued its five year rebound in 2017, with just over 1600 sales generating $479 million in volume - that's an increase of 26% in volume and 7% in units over 2016 - and more than 125% in units and volume compared to 2012!  Five straight years of steady double digit increases have brought the market volume beyond 2004-2006 levels. Lakefront home sales soared, there were 191 single family homes sold last year, a big jump from the 163 sold last year.  Average sold price also increased to $717K from $602K, higher than any year recorded except for 2008 - and when we look at the fact that the 112 homes currently available average over $1.1M in asking price - this indicates a lack of inventory at the lower price points causing some buyers to consider building a...
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By Jonathan & Alyce Vining, Lake Oconee Realtors
(Lake Oconee)
The above property was sold in September 2017 by The Vining Group.September was a great month for the Lake Oconee real estate market!   Sales continue to be robust with an increase of 24% compared to September 2016 but inventory is down 16%.   Below are a few highlights from the September 2017 Lake Oconee real estate market:77 Properties Sold  3 sold for over $1 Million and they were all residential properties25 were on water (20 residential properties and 5 land lots)10 were on the golf course (6 residential properties and 4 land lots)41 were in golf communities, 27 were in lakefront communities and 9 were in offwater communities57 were in Greene County, 17 were in Putnam County and 3 were in Morgan County We sincerely hope that you find this information useful.  For more in-depth post...
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By Jonathan & Alyce Vining, Lake Oconee Realtors
(Lake Oconee)
The property pictured above is just one of the homes SOLD by The Vining Group last month!The temperature isn't the only thing that's rising right now... so are the Lake Oconee real estate sales!  July was an outstanding month with a total of 91 transactions:  54 residential properties and 37 land lots.  This number is not only higher than June sales, but it's also more than the 75 sales that occurred in July of last year!  This is great news if you are considering selling your Lake Oconee area property!   Below is a brief breakdown of what sold last month. 91 Properties SOLD 11 sold for $1 Million or more (7 residential and 4 land lots) 34 were on the water (21 residential and 13 land lots) 10 were on the golf course (4 residential and 6 land lots) 49 were in gated golf communities, 34 ...
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By Pat and Ed Okenica, Lake Oconee Ga Real Estate
(DRAKE REALTY Lake Oconee Ga)
Lake Oconee Lakefront Dream Home for Sale located on the clearest waters on the lake! 3br/3ba with All New interior finishes, and all the creature comforts you can imagine. Improvements include wiring, plumbing, lighting, hardwood & Travertine flooring, granite counters, 3 zone HVAC, custom built cabs, Mr/Mrs closets, in master bath suite, full kitchen renovation (down to the studs) features a commercial grade stainless gas stove with self cleaning double oven, counter depth refrigerator, custom multiple slide out drawer pantry & cabs. Office with built in wall filing cabinets, wine room. Stone walkways & patio seating, all new shrubbery, perennials, mature trees, and MORE.Imagine Christmas in July when you relax on your tree lit patio lakeside drinking in all the shimmering ambience! A...
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By Jonathan & Alyce Vining, Lake Oconee Realtors
(Lake Oconee)
The Vining Group SOLD the Lake Oconee lakefront home pictured above in March 2017.March Madness is not just for basketball!  It accurately depicted the March Lake Oconee real estate market too... in a good way, of course!!  There were a total of 81 real estate transactions last month:  51 residential properties and 30 land lots.  This is a HUGE leap from February's 33 sales.  Even when you compare the sales of last month to March of last year, they were still higher...  81 vs. 65!  So, as you can see, the Lake Oconee area had an incredible March in terms of real estate sales!  Below is a more detailed breakdown of what sold last month: 81 Properties SOLD 28 were on the water (21 residential properties and 7 land lots) 13 were on the golf course (6 residential and 7 land lots) 38 were in...
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By Jim and Suzie Hudson, 30 Year Residents at Lake Oconee
(RE/MAX Lake Country)
Although Lake Oconee is only 80 miles from all the attractions in Atlanta, buyers and visitors want to know what local attractions at Lake Oconee would be interesting to visit and to take guests to visit. Besides the lake activities and the golf courses, there are some historical, shopping, and activity sites that are unique to this Middle Georgia area.1. Madison Antique MarketAccessories for Sale at Madison Market. Of course, there are many small quaint stores in which to shop for antiques throughout the Lake Oconee area, this large renovated section of historic cotton warehouses in downtown Madison contains the wares of 75 dealers who offer for sale sophisticated antiques, as well as art and new accessories. People come from miles around to just browse the interesting displays but usu...
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By Jonathan & Alyce Vining, Lake Oconee Realtors
(Lake Oconee)
The Vining Group's Spring 2017 Newsletter is available!!  We discuss the Lake Oconee real estate market -- 2016 year-end data, along with our expectations for 2017!  Click on the image below to check it out!                                                    To stay up-to-date with the Lake Oconee real estate market trends, visit our website at LiveLakeOconee.com 
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By Jonathan & Alyce Vining, Lake Oconee Realtors
(Lake Oconee)
We can't believe the first month of the New Year has already come to a close!  Let's take a look at how the Lake Oconee real estate market performed in January 2017.  There were 29 real estate transactions in the month of January:  23 residential dwellings and 6 land lots.  We aren't surprised by the decrease in sales from last year, as historically speaking, January has always been a slow month for sales in the Lake Oconee real estate market.  This number is still higher than it was in January of 2016, for there were only 21 transactions that year.  We expect the number of sales to increase as we head in to the spring selling season!  Below is a brief summary of the sales that transpired last month: 29 Real Estate Sales in the Lake Oconee area 7 were on the water and were all residenti...
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By Jonathan & Alyce Vining, Lake Oconee Realtors
(Lake Oconee)
The Lake Oconee waterfront home pictured above sold in December 2016 for over $1 Million!Last year was a great one for the Lake Oconee real estate market!  Real estate sales were slow to begin with, but as we transitioned from Spring into Summer, the number of sales greatly increased and continued to trend upwards into the fall months.  They leveled off, and then dipped ever-so-slightly in December, which was expected due to the hustle and bustle of the holiday season.  There were 57 transactions in December 2016:  30 residential properties and 27 land lots.  Below is a brief summary of the Lake Oconee real estate market for December 2016. 57 Real Estate Sales in the Lake Oconee area 22 waterfront properties sold 13 golf course properties sold 4 properties sold for $1 Million or more 39...
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By Jonathan & Alyce Vining, Lake Oconee Realtors
(Lake Oconee)
Harbor Club, one of Lake Oconee's golf and lake communities, has 1,000 acres of beautiful land and boasts miles of Lake Oconee waterfront real estate. This premier community offers resort-style living and is conveniently located halfway between Augusta and Atlanta, and 40 miles south of Athens.  You have easy access to these larger, more populated cities, while residing in the quaint, more close-knit community of Greensboro, Georgia.  Enjoy Georgia's seasonal weather while working on your golf game, participating in one of the many lake activities, or just strolling along the paved roads of this extraordinary, gated community.   Are you a golf enthusiast?  If so, then you will appreciate Harbor Club's award-winning 18-hole golf course.  It was designed by Tom Weiskopf and Jay Morrish an...
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By Jeanne Dufort, Madison and Lake Oconee GA
(Coldwell Banker Lake Country)
Lake Oconee market report – October 2016Lake lots sales are up, up, up! Yesterday was a banner day – closed two beautiful lakefront lots. I’ve been keeping track of lakefront property sales by quarter for more than a decade – so it was easy to put my sales in perspective.Through Sept end, there have been 64 private lakefront lots sold on Lake Oconee – more than any full year since 2006. The 25 lots sold in each of the last two quarters are more than any quarter since Q2 of 2006.Average sold price year to date is a robust $381K – certainly down from recent averages. Sold prices range from $40,000 to $1,000,000.When there is a big range like this, I like to look at “price clusters” more than averages – one third of the sales were $200K or less, the middle third were more than $200K but le...
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By Jim and Suzie Hudson, 30 Year Residents at Lake Oconee
(RE/MAX Lake Country)
Strong Sales continue at Lake Oconee this year. To get an idea of the market at Lake Oconee, read the following sales summary from our local Multiple Listing Service through mid-July 2016:Gated Community Sales: Harbor Club, $699,000 12 Lakefront Single Family Homes, average sale price $822,920. 58 Off-Water Single Family Homes, average sale price $516,126. 18 Condo/Town-home Sales, average sale price $279,983. 28 Lakefront Lot Sales, average sale price $413,446. 8 Off-Water Lot Sales, average sale price $74,900.     For Sale, Reduced to $419,900 Non-Gated Community Sales: 55 Lakefront Homes, average sale price $455,318. 32 Off-Water Homes, average sale price $225,950. 18 Condo/Town-home , average sale price $274,988. 14 Lakefront Lot Sales, average price $142,300. 6 Off-Water Lot Sales...
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By Jeanne Dufort, Madison and Lake Oconee GA
(Coldwell Banker Lake Country)
How’s the market at Lake Oconee?Lakefront home sales are UP!After bottoming out at 55 sales in 2009, we’ve already sold 133 this year, and will likely triple the 2009 sales rate by year end.Lake Oconee continues to be pricey – the average sold price for a lakefront home is above $650,000. With 189 lakefront homes currently on the market, it continues to be a buyers market in most categories. The exception is newer homes on quality lots – there are always buyers ready to pay top dollar for the best properties.Lakefront lot sales are flat – there have been 41 sold year to date, about even with the last 2 years. But with 175 private lakefront lots on the market, there is tremendous price pressure on sellers. The cream of the crop is selling – average sold price this year is an impressive $...
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By Jeanne Dufort, Madison and Lake Oconee GA
(Coldwell Banker Lake Country)
  Are you dreaming of living in the heart of Lake Oconee, with a budget under $200,000?    You could be on the lake whenever you like if you lived here – the Swords Public access boat ramp is just a mile from your driveway, and the Blue Springs and Sugar Creek Marinas are less than 10 minutes away.         This affordable ranch home has 1911sf, and was built in 2005, with features usually found in more expensive homes like an exterior stone accent wall and a stone fireplace.        The living room is large with vaulted ceilings, and opens to the formal dining room. You’ll love the wood floors in the kitchen and breakfast room.     The spacious master bedroom includes a private sitting room and ensuite bath with separate shower and tub. Two additional bedrooms share a full bath.       Th...
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By Jeanne Dufort, Madison and Lake Oconee GA
(Coldwell Banker Lake Country)
Tuesday was Legislative Day for Georgia Realtors, and about 845 of us descended on the Golden Dome to press our legislators to understand the importance of private property rights, home ownership, and our ability to continue to serve the public as Realtors. Tuesday was also the day new Georgia State Representative Trey Rhodes was sworn in, and our delegation from the Lake Country Board of Realtors gave him his first taste of constituent appeal. There are three key issues from a Realtor perspective: we want to change a proposal to allow attorneys to bring civil suits against anyone practicing law without a license - not a bad idea, but the current proposal is written in a way that could make Realtors assisting buyers and sellers with our contracts subject to these suits. Clearly adjustme...
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By Jeanne Dufort, Madison and Lake Oconee GA
(Coldwell Banker Lake Country)
  When you’re buying a Lake Oconee home – should you buy the best view or best home? When searching for your lake home on 19,000 acre LakeOconee, how do you sort out your priorities?   If you’re lucky enough to be able to say "money is no object", then you can choose a great home on a fantastic lot, like this home in the acclaimed Reynolds Plantation. At 1521 Bennet Springs, you'll find a Cypress timber frame home built in 2013, with 5 bedrooms, four full baths and two powder rooms, plus an infinity pool with stunning lake views. List price is $3,290,000.   Even with a $1,000,000 budget, you’ll be able to get a lovely home, but with a lesser view, like this lakefront cottage at 1040 Bartrams Bluff in the Liberty Bluff section of Reynolds Plantation. The home has 4 bedrooms, four full, a...
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By Jeanne Dufort, Madison and Lake Oconee GA
(Coldwell Banker Lake Country)
How's the market? Its the burning question all around the Lake Oconee area. Continuing to improve is the best way to answer the question, followed by "it depends" on what type of home you are asking about. Overall, homes sales in the Lake Oconee area continue to increase, with 740 closed sales through November 2014, compared to 685 the year prior - an increase of 8%, and ahead of 2007 sales (generally taken as the top of the market) The average sale price continues to rebound - currently $284,015 compared to $269,042 one year ago, but well below the $386,421 average recorded in 2007. Inventory levels continue to be high, especially in the higher price points. The average list price of the 970 homes currently on the market is a whopping $452,845. What that means to you as a buyer or sell...
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