Madison County, Ga homes sales were basically flat in January from December. However, both average and median price of homes sold have reached their lowest point in a year. The average Days on Market, D.O.M., also showed a small 1% increase in January after drop for 4 consecutive months. It is still lower than the same period last.
The MLS system divides Madison County into two sections, North & South. North Madison County, as can be seen in the second table, had a slight increase in the number of units sold and an over 2% decline in the D.O.M. Though the average selling price dropped it fell less than South Madison County and the county as a whole.
The last table presents the data for South Madison County. All indicators are showing lower volume, a longer sales time and lower prices vthan the previous month. The following three tables illustrate the home sales market data for Madison County Ga:
| Madison County | ||||||
| Date | DOM | Average | Median | # sold | ||
| 1-Feb-08 | 198 | $148,541.00 | $144,500.00 | 239 | ||
| 1-Mar-08 | 199 | $149,963.00 | $143,200.00 | 235 | ||
| 1-Apr-08 | 199 | $150,099.00 | $143,750.00 | 231 | ||
| 1-May-08 | 201 | $151,100.00 | $144,500.00 | 223 | ||
| 1-Jun-08 | 195 | $147,999.00 | $144,500.00 | 213 | ||
| 1-Jul-08 | 199 | $150,638.00 | $142,200.00 | 198 | ||
| 1-Aug-08 | 212 | $147,995.00 | $141,000.00 | 181 | ||
| 1-Sep-08 | 214 | $152,894.00 | $145,000.00 | 174 | ||
| 1-Oct-08 | 211 | $149,273.00 | $141,500.00 | 176 | ||
| 1-Nov-08 | 201 | $141,510.00 | $139,900.00 | 181 | ||
| 1-Dec-08 | 196 | $140,307.00 | $134,810.00 | 172 | ||
| 1-Jan-09 | 193 | $139,919.00 | $136,000.00 | 166 | ||
| 1-Feb-09 | 195 | $137,423.00 | $130,391.00 | 165 |
| North Madison County | ||||||
| Date | DOM | Average | Median | # sold | ||
| 1-Feb-08 | 191 | $123,865.00 | $110,000.00 | 51 | ||
| 1-Mar-08 | 197 | $128,852.00 | $110,500.00 | 54 | ||
| 1-Apr-08 | 180 | $124,968.00 | $111,000.00 | 51 | ||
| 1-May-08 | 176 | $124,460.00 | $111,000.00 | 49 | ||
| 1-Jun-08 | 186 | $125,113.00 | $113,168.00 | 48 | ||
| 1-Jul-08 | 200 | $128,924.00 | $117,000.00 | 48 | ||
| 1-Aug-08 | 213 | $130,413.00 | $119,000.00 | 43 | ||
| 1-Sep-08 | 230 | $142,613.00 | $121,675.00 | 42 | ||
| 1-Oct-08 | 214 | $135,306.00 | $119,000.00 | 45 | ||
| 1-Nov-08 | 205 | $120,293.00 | $106,000.00 | 48 | ||
| 1-Dec-08 | 213 | $118,969.00 | $104,000.00 | 46 | ||
| 1-Jan-09 | 199 | $116,086.00 | $104,000.00 | 45 | ||
| 1-Feb-09 | 194 | $114,444.00 | $104,000.00 | 47 |
| South Madison County | ||||||
| Date | DOM | Average | Median | # sold | ||
| 1-Feb-08 | 199 | $154,680.00 | $158,000.00 | 188 | ||
| 1-Mar-08 | 200 | $155,713.00 | $157,450.00 | 183 | ||
| 1-Apr-08 | 205 | $156,776.00 | $155,950.00 | 179 | ||
| 1-May-08 | 206 | $158,418.00 | $155,850.00 | 177 | ||
| 1-Jun-08 | 197 | $155,128.00 | $153,675.00 | 167 | ||
| 1-Jul-08 | 199 | $157,586.00 | $153,675.00 | 150 | ||
| 1-Aug-08 | 208 | $154,675.00 | $149,900.00 | 143 | ||
| 1-Sep-08 | 213 | $156,009.00 | $149,900.00 | 137 | ||
| 1-Oct-08 | 210 | $151,670.00 | $149,900.00 | 137 | ||
| 1-Nov-08 | 200 | $149,167.00 | $149,900.00 | 133 | ||
| 1-Dec-08 | 192 | $147,016.00 | $148,448.00 | 126 | ||
| 1-Jan-09 | 191 | $148,782.00 | $148,895.00 | 121 | ||
| 1-Feb-09 | 195 | $146,575.00 | $147,329.00 | 118 |
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