June 2009 residential real estate sales volume in Athens - Clarke County, GA showed another large decline of almost 6% in the 12 month sliding sales volume from May. The average Days on Market (D.O.M.) rose again by 3 days or 1.5%.
Both the average and the median sales prices dropped and are now lower than they were at any time in the last year. This is probably driven by two factors: 1) the number of foreclosures and short sales on the market; 2) first time homebuyers taking advantage of the $8000 tax credit.
At the end of June there were 181 pending sales of residential property in Athens - Clarke County, down 6 from May figures. Residential properties include single family homes, duplexes, triplexes, condos, townhouses, mobile and manufactured homes.
The following table shows the sliding 12 month residential sales volume in Athens-Clarke County over the last 12 months:
| Athens | ||||||
| Date | DOM | Average | Median | # sold | ||
| 1-Jul-08 | 173 | $171,767.00 | $145,000.00 | 1321 | ||
| 1-Aug-08 | 173 | $175,821.00 | $149,625.00 | 1229 | ||
| 1-Sep-08 | 176 | $173,195.00 | $149,625.00 | 1190 | ||
| 1-Oct-08 | 178 | $174,139.00 | $149,900.00 | 1182 | ||
| 1-Nov-08 | 181 | $173,224.00 | $149,838.00 | 1141 | ||
| 1-Dec-08 | 185 | $173,172.00 | $149,800.00 | 1110 | ||
| 1-Jan-09 | 184 | $173,985.00 | $149,000.00 | 1073 | ||
| 1-Feb-09 | 187 | $173,811.00 | $149,600.00 | 1061 | ||
| 1-Mar-09 | 187 | $171,941.00 | $148,000.00 | 1042 | ||
| 1-Apr-09 | 190 | $172,330.00 | $145,000.00 | 1009 | ||
| 1-May-09 | 194 | $172,007.00 | $145,000.00 | 961 | ||
| 1-Jun-09 | 200 | $171,810.00 | $145,000.00 | 901 | ||
| 1-Jul-09 | 203 | $168,160.00 | $143,000.00 | 848 |
If you would like more information on Athens-Clarke County, GA, or you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Jackson County you, please visit my website.
Comments (0)Subscribe to CommentsComment