January saw increased inventory in the Lake Oconee real estate market, with active residential listings rising nearly 10%, giving buyers more options and reducing urgency. Land availability declined due to steady demand for new construction. Average list prices rose 4.9% to about $1.36 million, supported by strong demand for waterfront and golf properties and limited resale turnover. Sales under contract and closings increased significantly, though transactions are taking longer amid higher mortgage rates. Strategic pricing and quality remain crucial for sellers.
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