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Sales Market Report McDonough, GA August 2011

Below is a chart showing homes sold in McDonough, GA in August 2011, August, 2010 and July, 2011 for comparison:

August, 2011 July, 2011 August, 2010

Homes Sold 107 121 102

Average Sales Price $116,796 $117,149 $133,933

Average Days on Market 118 94 85

Unfortunately, these figures match my experience that prices have still been falling. There have been no significant new incentives for people to buy, so the number of homes sold has remained steady.

Posted Wednesday Sep 07