Friday, July 17, 2009

Winder, GA Real Estate Market Trends

According to Trulia.com, “The median sales price for homes in Winder GA for Mar 09 to May 09 was $121,000. This represents an increase of 0.7%, or $846, compared to the prior quarter and a decrease of 1.1% compared to the prior year. Sales prices have depreciated 5.4% over the last 5 years in Winder.

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The average listing price for Winder homes for sale on Trulia was $161,729 for the week ending Jun 10, which represents an increase of 0.9%, or $1,447, compared to the prior week and an increase of 2.1%, or $3,289, compared to the week ending May 20. Average price per square foot for Winder GA was $70, a decrease of 12.5% compared to the same period last year.”

The positive that one can see from this is that sales were off “only” a fraction of what the media projections were for the past year across the nation. Also, the numbers of sales were up 20.8%. A correction in sales price (5.4% in last 5 years) and a sudden increase in numbers of sales bode well for the town and could be a call to a bottom in Winder.

Compare this to Athens, GA for example where we have maintained average and median sales prices but days on market have increased 10% and numbers of sales have decreased by another third looking at year over year homes sold in Athens-Clarke.

If you are a buyer in our market, these are probably the best buying conditions in 30 years! If you would like to search the Winder MLS with MapTracks please take a look at listings in Winder, GA today! On this web MLS search solution you can search every listing on the Georgia MLS for the Greater Athens area or in your Georgia town!

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