Market Report for Columbia County, GA for October 2008
The numbers are down…but not as much as the rest of the world thinks. There are several areas of Columbia County where the numbers are encouraging. Unfortunately, Martinez, GA is the big drag on all the other areas. Things are bad in Martinez. If you want all the details of the different areas of Columbia County, as well as neighboring Richmond and Aiken, SC visit my website www.callaugustahome.com for all the details.
Synopsis: Homes are staying on the market nearly a month longer than in 2007. Year to Date changes from 2007 to 2008 is a modest 6.64% lower Average Sales Price. This compares to a solid 5.7% appreciation rate enjoyed by Columbia County up until 2007.
|
Oct-08 |
Oct-07 |
10/07-10/08 |
YTD 2008 |
YTD 2007 |
2007-2008 YTD |
Columbia County |
|
|
|
|
|
|
Residential |
|
|
|
|
|
|
New Listings |
225 |
334 |
-32.63% |
3662 |
3758 |
-2.55% |
Sold Listings |
138 |
177 |
-22.03% |
1822 |
2122 |
-14.14% |
Volume Sold Listings |
$26,211,388.00 |
$36,832,522.00 |
-28.84% |
$365,808,073.00 |
$456,346,946.00 |
-19.84% |
Average Sales Price |
$189,938.00 |
$208,093.00 |
-8.72% |
$200,773.00 |
$215,055.00 |
-6.64% |
Avg Days On Market |
117 |
91 |
28.57% |
108 |
84 |
28.57% |
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