2019 Lake Oconee Real Estate Market Update

Every six months the team at Kim and Lin Logan Real Estate generates a review with the latest market updates for our clients. Our next updated version will be released in January, but for the time being, it’s important to understand where the market has been over the last few months.

When comparing 2019 to 2018, the market has followed similar tracks.
In 2018, total sales in the Lake Oconee market were $551,000,000. Halfway through 2019, the market was at $227,000,000. As you can see this is a notch lower, but still incredibly strong.
What’s more important than the precise numbers, particularly when we have a new report coming in January of 2020, is understanding the trends of the market.

For property sellers, it’s important to understand properties are still selling, demand is high, and there is an overall shortage of inventory available for perspective buyers.

This means it’s a great time to sell your property. That said, here are two KEY factors in maximizing the profit of your home.

1. Set a realistic listing price.
If you begin with too high of an asking price it can be extremely difficult to attract buyers into your home. If a home sits on the market too long, fair or not, it can occasionally be stigmatized as less desirable.

2. Optimize the appearance and condition of your home.
When it comes to selling your home, you only get one first impression.

It’s essential to optimize the appearance in your house and yard so when buyers set eyes on your home, they know they have “the one.” This is easier said than done. Luckily, Kim Logan is the king of helping you find both expensive and appealing suggestions to optimize the appearance of your home.
Lake Oconee Real Estate, greensboro georgia real estate team

Are you considering listing your home? If so, look no further. The Kim and Lin Logan Team remains the top-selling team on the lake. Our combination of savvy marketing, appropriate pricing, buyer-generating staging, and powerful network are the cream of the crop, and designed to help you experience the best service possible when it comes to buying or selling your home.

If you’d like to find out more about listing your home or finding the best deals in the Lake Oconee Or Lake Sinclair market, head to the link that follows and we’ll take care of all your housing needs: Call Kim and Lin