March 2010 residential real estate sales volume in Athens - Clarke County, GA showed flat sales for the third consecutive month. However, this is almost 10% higher volume than the lows of last September. This appears to be a positive indicater that the Athens-Clarke County residential real estate market is stabilizing. While the volume remained steady, the average Days on Market (D.O.M.) dropped by 3 days, another slightly positive indicator.
Both the average and median sales price of homes remainded flat from February, with the average price down just over 8% from a year ago and the median price fairing better, down just under 4% during the same period. .This is probably driven by two factors: 1) the number of foreclosures and short sales on the market; 2) first time and repeat homebuyers taking advantage of the $8000 and $6500 tax credits respectively.
At the end of March there were 194 pending sales of residential property in Athens - Clarke County, up significantly from February. 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-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 | ||
| 1-Oct-09 | 205 | $162,882.00 | $139,900.00 | 772 | ||
| 1-Nov-09 | 201 | $162,511.00 | $140,000.00 | 794 | ||
| 1-Dec-09 | 202 | $162,693.00 | $141,500.00 | 837 | ||
| 1-Jan-10 | 203 | $160,095.00 | $140,000.00 | 828 | ||
| 1-Feb-10 | 202 | $159,115.00 | $139,500.00 | 846 | ||
| 1-Mar-10 | 200 | $157,909.00 | $140,000.00 | 847 | ||
| 1-Apr-10 | 197 | $158,290.00 | $140,250.00 | 846 |
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.
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