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Market Comparison Report - Athens/Clarke County 2007 and 2008
| Jan 1 - Dec 31, 2007 | Jan 1 - Dec 31, 2008 | Difference | Percentage | |||||
| Property Type | Units | Dollars | Units | Dollars | Units | Dollars | Units | Dollars |
| Residential | 1676 | 279,829,902 | 1081 | 189,690,481 | -595 | -90,139,421 | -35.50 | -32.21 |
| Multi-Family | 91 | 13,934,037 | 27 | 3,143,843 | -64 | -10,790,194 | -70.33 | -77.44 |
| Land/Farm | 70 | 4,789,710 | 20 | 2,287,000 | -50 | -2,502,710 | -71.43 | -52.25 |
| Commercial | 6 | 1,822,000 | 18 | 4,206,249 | 12 | 2,384,249 | 200.00 | 130.86 |
| Totals: | 1843 | 300,375,649 | 1146 | 199,327,573.00 | -697 | -101,048,076 | -37.82 | -33.64 |
This information, taken from the Athens Area Association of Realtors MLS reports, shows the number of homes sold in 2007 was 1,843. In 2008, only 1,146 homes sold for a total reduction of 37.82%. This chart give more information but these numbers seem most significant.
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