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Athens-Clarke County, GA Residential Real Estate Market Report & Stats for August 2009

By
Real Estate Agent with Retired

 World of Wonder at South East Clarke Park photo by Mike Saunders

 August 2009 residential real estate sales volume in Athens - Clarke County, GA showed another large decline of almost 4% in the 12 month sliding sales volume from July.  The average Days on Market (D.O.M.) remained flat.

The median sales price remained flat while the average price, while it rose slightly is the second lowest average in the last year. This is probably driven by two factors: 1) the number of foreclosures and short sales on the market; 2) first time homebuyers taking advantage of the $8000 tax credit.

At the end of August there were 143 pending sales of residential property in Athens - Clarke County, down 19 from the July figures. Residential properties include single family homes, duplexes, triplexes, condos, townhouses, mobile and manufactured homes.

The following table shows the sliding 12 month residential sales volume in Athens-Clarke County over the last 12 months:

 

     Athens         
Date DOM  Average     Median    # sold
1-Sep-08 176  $173,195.00    $149,625.00   1190
1-Oct-08 178  $174,139.00    $149,900.00   1182
1-Nov-08 181  $173,224.00    $149,838.00   1141
1-Dec-08 185  $173,172.00    $149,800.00   1110
1-Jan-09 184  $173,985.00    $149,000.00   1073
1-Feb-09 187  $173,811.00    $149,600.00   1061
1-Mar-09 187  $171,941.00    $148,000.00   1042
1-Apr-09 190  $172,330.00    $145,000.00   1009
1-May-09 194  $172,007.00    $145,000.00   961
1-Jun-09 200  $171,810.00    $145,000.00   901
1-Jul-09 203  $168,160.00    $143,000.00   848
1-Aug-09 203  $161,929.00    $140,000.00   818
1-Sep-09 204  $163,222.00    $139,500.00   787

If you would like more information on Athens-Clarke County, GA, or you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Jackson County you, please visit my website.