The weather has been sunny with today hitting 74 degrees in Athens, Ga and tomorrow's high expected to be 81 degrees....and the outlook for real estate in Athens, Ga and Watkinsville, GA is just as sunny.
Residential sales are gearing up for a strong spring to summer season with the average price of Athens, GA single family housing at $195,556 for the market area and a median price of $156,300. Recent corrections in the stock market have affected the bond rate and interest rates are great!
The Athens, GA condo market gets a boost with a large, new flock of students in search of housing while they attend The Univeristy of Georgia this fall. Deals abound in both new and re-sale condominimum developments with developers anxious to offer incentives this is definitely a better deal than renting for many students!
Slightly cloudy forecast for Athens, GA metro area including Oconee Coutny retail rentals, with a large standing inventory in and around Athens, GA at this time, expect incentives and rent reductions in existing inventory as new construction continues to grow! The growth at GA Highway 316 is expected to reamin strong, with several new developments under way.
For More Infomation contact:
Michelle DeRepentigny, Broker
706-207-2502 cell
706-543-1553 office
Comments(1)