covington georgia real estate market statistics: November Market Report - 12/14/10 08:18 AM
Real Estate Market Report for November 2010
Although this is historically the slowest time of the year, as far as real estate sales, market statistics nevertheless seemed to get even worse in this down market during the past month.  Here are the results: NEWTON COUNTY
145 days on market - this is 16 days longer than in October Sellers received, on average, 91.1% of their list price when the home sold - down from 92.3% in October There is 11.1 months of inventory currently on the market (6 months inventory is considered "normal") 83 homes sold in November 2010 - this … (1 comments)

covington georgia real estate market statistics: October Market Report - 11/18/10 02:12 AM
Real Estate Market Report for October 2010NEWTON COUNTY
129 days on market - this is 3 days longer than in September Sellers received, on average, 92.3% of their list price when the home sold - down from 94.0% in September There is 8.7 months of inventory currently on the market (6 months inventory is considered "normal") 110 homes sold in October 2010 - this is 1 fewer than sold in September The most popular price range was $0 - $100,000 The average sale price was $84,812 - compared to $94,789 in September There were 46 new foreclosures - 28 fewer than … (0 comments)

covington georgia real estate market statistics: The Real Estate Confidence Index - 11/04/09 07:26 AM
How much confidence do Realtors have in their local markets?  The Real Estate Confidence Index answers that question.The people who host my website, Point2Agent, conducts a monthly survey of its thousands of members across North America to determine how real estate professionals see the current and future market conditions in their respective areas.The survey receives over 3,000 responses monthly from every area of the country across many different types of markets.  Respondents rate their markets on a scale of 1 to 10, showing their confidence level in local real estate markets over the short term (3 to 6 months), and the … (7 comments)

covington georgia real estate market statistics: The Covington Georgia Real Estate Market Report - September 2009 - 10/06/09 03:45 AM

 
Covington Georgia September 2009 Real Estate Market Report
 
Active Listings        1024 Pending Sales         126 Closed Sales            79 Week's Inventory     56  (Absorption Rate) The "Weeks Inventory" indicates the number of weeks it takes to sell the current inventory of homes on the market at the present rate of sales.  Inventory level in a "good real estate market" is considered to be around 24 weeks.
 
Since Last Month's Report:
 
Active Listings  DOWN 26.3% Pending Sales  DOWN 9.4% Closed Sales  DOWN 15% Foreclosures:
New foreclosures in the Covington and Newton County real estate market were DOWN in … (2 comments)