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Oconee County, GA Residential Real Estate Market Report & Stats for October 2009

Elder Mill Covered Bridge, Oconee County Ga Photo By Mike Saunders

October 2009 residential real estate sales volume in Oconee, GA showed a decline of just over 3% in the 12 month sliding sales volume from Septemer, after being flat for a month. The average Days on Market (D.O.M.) remained constante while both average sales price rose more than 1% and the median sales price rose just over 3%. The volume losses were experienced across all areas of Oconee County while prices fell is South Oconee County but rose in West Oconee County and Watkinsville, GA.

At the end of October there were 51 pending sales of residential property in Oconee County. This number is down from the last month. Residential properties include single family homes, duplexes, triplexes, condos, townhouses, mobile and manufactured homes.

The following tables show the sliding 12 month residential sales volume in Oconee County over the last 12 months through August 31:

Oconee County
Date DOM Average Median # sold
1-Nov-08 217 $304,654.00 $268,500.00 391
1-Dec-08 216 $305,629.00 $266,000.00 387
1-Jan-09 219 $308,195.00 $269,900.00 384
1-Feb-09 215 $310,098.00 $269,200.00 375
1-Mar-09 209 $307,682.00 $265,000.00 364
1-Apr-09 209 $305,192.00 $264,900.00 365
1-May-09 214 $303,511.00 $261,150.00 348
1-Jun-09 225 $301,322.00 $255,000.00 330
1-Jul-09 217 $293,272.00 $239,450.00 300
1-Aug-09 223 $284,824.00 $245,000.00 316
1-Sep-09 226 $291,198.00 $245,000.00 303
1-Oct-09 234 $292,215.00 $245,000.00 303
1-Nov-09 234 $296,288.00 $253,000.00 294

South Oconee
Date DOM Average Median # sold
1-Nov-08 257 $285,103.00 $274,500.00 60
1-Dec-08 258 $290,938.00 $274,000.00 61
1-Jan-09 255 $307,427.00 $279,750.00 58
1-Feb-09 248 $321,342.00 $300,000.00 55
1-Mar-09 218 $316,064.00 $298,000.00 53
1-Apr-09 213 $308,903.00 $292,000.00 55
1-May-09 249 $296,703.00 $267,650.00 60
1-Jun-09 243 $288,588.00 $255,000.00 59
1-Jul-09 226 $281,749.00 $233,950.00 50
1-Aug-09 226 $264,332.00 $210,600.00 51
1-Sep-09 223 $267,070.00 $210,000.00 49
1-Oct-09 220 $257,823.00 $206,000.00 49
1-Nov-09 230 $252,230.00 $206,750.00 42

West Oconee
Date DOM Average Median # sold
1-Nov-08 231 $269,791.00 $237,450.00 128
1-Dec-08 228 $273,065.00 $242,450.00 128
1-Jan-09 240 $271,790.00 $237,450.00 127
1-Feb-09 238 $269,326.00 $237,425.00 134
1-Mar-09 230 $263,368.00 $234,750.00 133
1-Apr-09 235 $265,010.00 $234,088.00 134
1-May-09 245 $260,463.00 $231,675.00 119
1-Jun-09 262 $270,819.00 $238,175.00 114
1-Jul-09 253 $254,959.00 $210,000.00 99
1-Aug-09 253 $256,298.00 $218,500.00 102
1-Sep-09 259 $256,160.00 $212,500.00 98
1-Oct-09 267 $254,906.00 $212,500.00 100
1-Nov-09 273 $258,186.00 $215,000.00 95

If you would like more information on Oconee 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 Oconee County please visit The Athens Real Estate Page website.

Posted Sunday Nov 08