I just completed a quick study of homes sold in August, 2012 vs. August, 2013 to see what prices are doing. Here's what I found:
2013 2012 2013 2012
Average Average Average Average 2013 2012 % Change
City List Price List Price Sold Price Sold Price #Sold #Sold Sold Price
Stockbridge $111,300 $89,000 $107,200 $85,700 61 54 24.8
McDon(30252) $202,000 $137,500 $195,000 $135,500 46 46 44
McDon(30253) $170,000 $147,000 $166,800 $141,000 70 74 18.3
Locust Grove $124,600 $108,700 $125,000 $106,000 30 38 17.9
Hampton $189,000 $108,000 $186,600 $105,000 42 41 77.7*
Ellenwood $72,800 $138,000 $76,900 $133,700 10 11 -42**
*An increase in higher priced homes In Crystal Lake community attributed to great increase.
**There was a $555,000 home sale in 2012 and no home sold over $124,000 in 2013. That resulted in the high decline of average sales price.
All statistics from Georgia MLS>
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