ON THE MARKET: A look at the Lake Country real estate market

Published 9:47 am Thursday, December 1, 2022

Dear Readers: I hope you all enjoyed Thanksgiving with your loved ones. This was the day we gave thanks to the Lord above for all the blessings he bestowed upon us. 

We feel that we have a lot to be thankful for living in Lake Oconee Lake Country. We are truly blessed.   

The real estate industry is seeing some changes due to interest rates and low inventory. However, our area still looks healthy and is drawing people from all over the country. We do not foresee this area seeing a big change in sales and listings. As we have stated many times, this is a unique area. (One like no other.)

REAL ESTATE STATS:

LAKE COUNTRY BOARD OF REALTORS

10/1/2022 – 11/30/2022 

ACTIVE:

Residential Homes on Market: 291

Average Price: $639,907

Days On Market:  142

Average Price:

3bdrms – $487,388

4bdrms – $981,851

5bdrms – $2,034,726

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SOLD:

Residential Homes Sold: 137

Days on Market:  90

3bdrms – $445,293

4bdrms – $1,110,569

5bdrms – $1,826,153

The stats above indicate that Real Estate is still seeing good times.   

If you are interested in buying or selling this still is a good time.  Whether you are looking to buy or thinking about selling, call an experienced Realtor to give you professional real estate advice.  The holiday season has always proven to be a good time to sell.

(STAT INFORMATION:) Lake Country Board of Realtors LCBOR

THOUGHT FOR THE DAY:  Whoever is happy, will make others happy.   (Anne Frank)

Contact Information:   Shirley Smith/Paul Kautza RE/MAX LAKE COUNTRY 706-453-6333