October 2009 residential real estate sales volume in Watkinsville, GA showed a slight rise in the 12 month sliding sales volume after a slight decline in September. For the last 3 months, volume has been hovering in a narrow range.
Annual volume is still down over 32% from a year ago. The average Days on Market (D.O.M.) is down slightly from September but still above last years average by 2 weeks. The average sales prices is almost back to what it was at this time last year, and, has been experiencing 3 months of rising after the lows of August. The median sales prices is still down from this time last year.
First time home buyers are still a strong part of the market. With the current extension, first time buyes will probably still remain a significant percentage of purchasers, and the inclusion of existing home owners qualifying for a credit will, hopefully, also contribute to a volume increase.
At the end of October there were 32 pending sales of residential property in Watkinsville, the This 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 Watkinsville over the last 12 months:
| |
|
Watkinsville |
|
|
|
|
| Date |
DOM |
Average |
|
Median |
|
# sold |
| 1-Nov-08 |
197 |
$332,449.00 |
|
$280,000.00 |
|
203 |
| 1-Dec-08 |
197 |
$331,078.00 |
|
$272,500.00 |
|
199 |
| 1-Jan-09 |
194 |
$334,024.00 |
|
$280,000.00 |
|
192 |
| 1-Feb-09 |
189 |
$336,007.00 |
|
$277,500.00 |
|
187 |
| 1-Mar-09 |
190 |
$337,712.00 |
|
$291,950.00 |
|
180 |
| 1-Apr-09 |
190 |
$332,343.00 |
|
$287,250.00 |
|
176 |
| 1-May-09 |
183 |
$336,594.00 |
|
$294,000.00 |
|
169 |
| 1-Jun-09 |
191 |
$328,256.00 |
|
$277,500.00 |
|
157 |
| 1-Jul-09 |
190 |
$322,206.00 |
|
$265,000.00 |
|
151 |
| 1-Aug-09 |
204 |
$309,087.00 |
|
$264,900.00 |
|
163 |
| 1-Sep-09 |
206 |
$320,788.00 |
|
$264,323.00 |
|
156 |
| 1-Oct-09 |
216 |
$327,384.00 |
|
$270,000.00 |
|
154 |
| 1-Nov-09 |
211 |
$331,129.00 |
|
$270,000.00 |
|
157 |
If you would like more information on Watkinsville, 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 Watkinsville please visit my The Athens Real Estate Page website.
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