During October, 2009 the Jackson County, GA real estate market slightly in the 12 month sliding sales volume after 3 months of being virtually flat. Overall, the volume is down less than 10% from a year ago, which is one of the better performing counties in the Athens, GA area.
The average Days on Market continues to increase, up slightly over September but still not much higher than a year ago. Both median and average pricing have decreased slightly from September, continuing their slow but steady decline. It will take a couple of months of being flat before we see a price bottom in Jackson County. This decline might be attributed to an increasing number of first time home buyers entering the market and getting the $8000 tax credit as well as the high percentage of foreclosures included in the sales figures.
The number of pending sales, at the end of August, for Jackson County was 46, down 1 from the end of September.
Residential sales includes single family homes, duplexes & triplexes, condos, townhomes, mobile and manufactured homes.
| |
|
Jackson County |
|
|
|
|
| Date |
DOM |
Average |
|
Median |
|
# sold |
| 1-Nov-08 |
158 |
$173,608.00 |
|
$158,525.00 |
|
178 |
| 1-Dec-08 |
156 |
$172,137.00 |
|
$157,500.00 |
|
173 |
| 1-Jan-09 |
149 |
$168,344.00 |
|
$155,900.00 |
|
177 |
| 1-Feb-09 |
154 |
$168,473.00 |
|
$154,950.00 |
|
182 |
| 1-Mar-09 |
157 |
$166,297.00 |
|
$153,400.00 |
|
188 |
| 1-Apr-09 |
155 |
$165,522.00 |
|
$155,900.00 |
|
187 |
| 1-May-09 |
150 |
$159,864.00 |
|
$152,000.00 |
|
189 |
| 1-Jun-09 |
146 |
$149,725.00 |
|
$147,500.00 |
|
173 |
| 1-Jul-09 |
152 |
$147,934.00 |
|
$140,000.00 |
|
160 |
| 1-Aug-09 |
155 |
$148,091.00 |
|
$140,000.00 |
|
168 |
| 1-Sep-09 |
157 |
$150,322.00 |
|
$139,800.00 |
|
167 |
| 1-Oct-09 |
162 |
$150,709.00 |
|
$138,500.00 |
|
168 |
| 1-Nov-09 |
164 |
$147,875.00 |
|
$136,300.00 |
|
164 |
If you would like more information on Jackson County, or 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.
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