It is not all doom and gloom like you hear on the news. Properties ARE selling. We (Aiken Board of Realtors) closed 90 properties in the Month of September 2008 - and the same number in October 2008.
Take a look at the stats:
Sept 2008 - 90 units
|
Statistics |
|||||
|
|
Low |
High |
Average |
Median |
Total |
|
List Price
|
$49,900 |
$649,000 |
$193,302 |
$154,275 |
$17,397,212 |
|
Selling Price
|
$48,000 |
$614,300 |
$184,351 |
$149,950 |
$16,591,564 |
|
List/Sold(%)
|
60.30% |
113.55% |
95.77% |
96.64% |
-- |
|
Price/SqFt ($)
|
$22.68 |
$217.64 |
$94.28 |
$91.00 |
-- |
|
Days on Market |
29 |
1254 |
239 |
183 |
|
COMPARE TO:
Sold Oct 2008 90 units
|
Statistics |
|||||
|
|
Low |
High |
Average |
Median |
Total |
|
List Price
|
$25,000 |
$1,590,000 |
$206,260 |
$162,739 |
$18,563,418 |
|
Selling Price
|
$17,500 |
$1,150,000 |
$194,308 |
$157,450 |
$17,487,740 |
|
List/Sold(%)
|
65.93% |
118.89% |
95.81% |
97.32% |
-- |
|
Price/SqFt ($)
|
$25.46 |
$331.25 |
$95.77 |
$92.00 |
-- |
|
Days on Market |
17 |
709 |
187 |
132 |
-- |
I'm happy to share this information! Call me when you are ready to own your own piece of Aiken :)
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Gene Mock, Realtor. A proud member of The National Association of Realtors, South Carolina Association of Realtors, and Aiken Board of Realtors.
Gene Mock ~ Making It Easy!
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