Tuesday, July 21, 2009

Athens GA Housing Market Trends

Statistics
(89 listings)

LowHighAverageMedianTotal
List Price$11,900$639,000$169,403$139,900$15,076,861
Selling Price$8,000$624,000$162,585$135,500$14,307,445
List/Sold(%)66.67%109.08%95.15%96.31%--
Days on Market22999181114--


In the last 30 days, through today, in the Greater Athens area that comprises six different MSA's (metro statistical areas), we see an average and median sales prices selling at 95 percent to 96 percent of List Price.

Market Summary (by Sold Price)

Price RangeCountSum PriceAverage PriceMedian PriceAverage DOM

$0 - $24,9991$9,200$9,200$9,20036
$50,000 - $74,9993$196,600$65,533$66,20040
$100,000 - $124,9999
$1,029,052
$114,389$119,000154
$125,000 - $149,99915 $2,004,400$133,627$132,000138
$150,000 - $174,9999 $1,454,400$161,600$157,900143
$175,000 - $199,9997 $1,264,045$180,578$180,000147
$200,000 - $224,9992$419,000$209,500$209,50073
$300,000 - $324,9991$320,000$320,000$320,000497
$500,000 - $524,9992 $1,048,000$524,000$524,000273
$600,000 - $624,9991$624,000$624,000$624,00047

Totals:50$8,369,145
Averages:
$167,383$142,450144


This is also interesting in that only six (6) out of 50 homes sold during "peak season," thus far were over $200,000. Conversely, roughly half the homes sold during this time period were between $125,000-$174,999.

No comments:

Post a Comment