Clayton County GA Real Estate Report - July 2017

By
Real Estate Agent with Solid Source Realty GA 320764

Clayton County Real Estate Market Report 2017

 

Active Listings:

 

Based on information from the Georgia Multi-Listing Service (MLS), today’s Market Snapshot of the Clayton County GA real estate market shows 635 single-family detached  and 76 single family attached residential properties currently available for purchase, with an average list price of $161,400 for detached homes and $77,550 for condos/townhomes.

 

The majority of the inventory falls in the $70,000 to $200,000 range. The highest prices property currently for sale is $400,000. The lowest is an investor or handy-man’s bargain at $24,000.

 

Clayton County GA active real estate chart

 

Clayton County real estate for sale graph

This translates to less than 3-months supply of inventory now available to purchase.

 

Clayton County homeowners are seeing increased recovery of home values. Across the board, prices continue to be up over the same period in the previous year.

 

Clayton County real estate sales price chart

Clayton County real estate sales price graph

 

Sold and Pending Sale Listings:

 

In the last month (June 2017), 268 single-family detached residential properties sold in Clayton County with an average of 42 days on market. The median sold price of these homes was $128,200 and the average sold price was $131,978.  

 

In the same period 27 single family condos or townhomes sold for a median sold price of $66,80 and an average sold price of $77,550 in an average 49 days on market.

 

homes sold in Clayton County chart

Clayton County real estates sales graph

 

 

On the whole, sales continue to outpace the previous year's sales.

 

More good news: Year-over year data shows that foreclosure numbers continue to fall in Clayton County.

 

foreclosures down in Clayton County chart

Clayton County foreclosures graph

 

So if you are thinking of buying or selling Clayton County property, right now may be your best opportunity.

 

 

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Georgia Clayton County
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Rainmaker
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Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

My wife and I LOVE Atlanta and its surrounding counties, Elva Branson-Lee ... in fact, we honeymooned in the city 40 years ago.  What a special area to serve Buyers and Sellers!

Always special to us, it's good news to know that the area is returning to a healthier housing market ... and economy too ...

Gene 

Jul 08, 2017 02:32 PM #1
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Rainmaker
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Elva Branson-Lee

CDPE - Atlanta Real Estate & Short Sale Agent
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