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Watkinsville Ga Median Home Sales Price up 5%

By
Real Estate Agent with Retired

 Watkinsville, GA home sales volume slipped again in February, the 15th straight month of volume declines. However, while the volume slipped about 3-3/4% the average sales price showed a slight increase of slightly over 1/2%. Even better news in seen in the median sales price of $291,950. This is an increase of almost 5% over January and up 1.3% from a year ago. The average Days on Market was basically flat over that time and still down from the highs of November and December of last year.

The following chart illustrates that 12 month sliding averages for residential real estate activities in Watkinsville since the same period last year:

     Watkinsville         
Date DOM  Average     Median    # sold
1-Mar-08 176  $327,049.00    $288,250.00   278
1-Apr-08 177  $321,762.00    $275,000.00   274
1-May-08 184  $319,412.00    $270,000.00   273
1-Jun-08 184  $320,944.00    $275,000.00   268
1-Jul-08 183  $329,444.00    $285,050.00   250
1-Aug-08 192  $336,554.00    $290,265.00   233
1-Sep-08 195  $339,421.00    $298,000.00   212
1-Oct-08 197  $334,449.00    $287,300.00   214
1-Nov-08 197  $332,449.00    $280,000.00   203
1-Dec-08 197  $331,078.00    $272,500.00   199
1-Jan-09 194  $334,024.00    $280,000.00   192
1-Feb-09 189  $336,007.00    $277,500.00   187
1-Mar-09 190  $337,712.00    $291,950.00   180

Terry Miller
Miller Homes Group - Tyler, TX
Miller Homes Group and Tyler Apartment Locator

The cycle is starting, now we just have to keep it a secret from those idiot politicians.

Mar 06, 2009 08:15 AM
Mike Saunders
Retired - Athens, GA

Terry - at least any commissions we get;^)

Mar 06, 2009 09:32 AM
James Gordon
Sibcy Cline Realtors® - Cincinnati, OH
REALTOR, PBD SFR SRS

The price is up but you are down almost 35% in the number of closings. At least some people in your area haven't listened to the media and realize that there is money out there to buy homes with!

Mar 06, 2009 11:03 PM
Mike Saunders
Retired - Athens, GA

James - all the areas are down in volume here, except for Jackson County. There is still good news out there though, the higher prices indicate that.

Mar 06, 2009 11:37 PM
Shirley Parks
Sands Realty 210-414-0966 - San Antonio, TX
Broker, 210-414-0966, San Antonio TX Real Estate

Hi Mike, 5% is great news.  Way to go, Watkinsville! ~Have a great week-end.

Mar 07, 2009 02:39 AM
Mike Saunders
Retired - Athens, GA

Shirley - thanks, it is somewhat good news, now, if we can keep it up!

Mar 08, 2009 12:16 AM
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Mar 18, 2009 12:42 AM
#7
Mike Saunders
Retired - Athens, GA

Alessandra - thanks for stopping by

Mar 18, 2009 12:57 AM