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Athens-Clarke County, GA Residential Real Estate Market Report & Stats for June 2009

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.

Posted Thursday Jul 02

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