Due to new home sales winding down in SG, the unit decrease this yr is over 46%. Compounded with last year's 22% loss, sales are down almost 70% from the '06 high water mark. April saw only 4 new and 8 resales sold for a total of 12 sales with a May 1 inventory of 200 homes for sale representing a 10 month supply. There's been a slight drop in avg prices this year of 2.4%. With only a handful of new homes selling each month which goes to support several new home sales people is the primary reason the Newnan Home Source is imploding on itself with agents leaving in droves. To view the full SG Mkt Watch Report, go to: http://SummerGrove.BushRealEstateGroup.com
|
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
Total |
Gain |
% Gain |
|
|
2005 |
18 |
21 |
33 |
27 |
33 |
35 |
47 |
30 |
28 |
32 |
26 |
31 |
361 |
2 |
0.6% |
|
2006 |
21 |
21 |
47 |
23 |
28 |
46 |
30 |
39 |
24 |
37 |
21 |
29 |
366 |
5 |
1.4% |
|
2007 |
10 |
23 |
27 |
35 |
38 |
33 |
30 |
29 |
15 |
18 |
19 |
9 |
286 |
- 80 |
- 21.9% |
|
2008 |
11 |
13 |
15 |
12 |
* |
|
|
|
|
|
|
|
51 |
- 44 |
- 46.3% |
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