October 2009 residential real estate sales volume in Madison County GA, showed a decrease from September. This marks 3 consecutive months of declining sales volume which has reached a 12 month low. All of the declines were in North Madison County while the volume in South Madison County was unchanged.
The average Days on Market (D.O.M.) increased by more than a week throughout the county. However, North Madison County did experience a two week decrease in D.O.M. while South Madison County had a 10 day increase.
Throughout the county median prices have remained virtually flat for 8 months now showing some price stabilization. The average price, while increasing almost 2% over September has cycled within a $5000 range (4%) for seven months, again, showing some price stabilization. North Madison County did experience an almost 9% average price increase. South Madison County has maintained a virtually flat average price.
At the end of August there were 37 pending sales of residential property in Madison County. 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 for Madison County, North Madison County and South Madison County for the last 12 monts:
| Madison County | ||||||
| Date | DOM | Average | Median | # sold | ||
| 1-Nov-08 | 201 | $141,510.00 | $139,900.00 | 181 | ||
| 1-Dec-08 | 196 | $140,307.00 | $134,810.00 | 172 | ||
| 1-Jan-09 | 193 | $139,919.00 | $136,000.00 | 166 | ||
| 1-Feb-09 | 195 | $137,423.00 | $130,391.00 | 165 | ||
| 1-Mar-09 | 193 | $134,875.00 | $130,000.00 | 165 | ||
| 1-Apr-09 | 192 | $130,813.00 | $125,500.00 | 156 | ||
| 1-May-09 | 185 | $127,390.00 | $125,000.00 | 160 | ||
| 1-Jun-09 | 181 | $128,373.00 | $125,000.00 | 150 | ||
| 1-Jul-09 | 182 | $125,901.00 | $124,900.00 | 155 | ||
| 1-Aug-09 | 192 | $127,264.00 | $125,000.00 | 161 | ||
| 1-Sep-09 | 195 | $122,511.00 | $124,900.00 | 159 | ||
| 1-Oct-09 | 199 | $123,804.00 | $125,000.00 | 154 | ||
| 1-Nov-09 | 207 | $126,309.00 | $125,000.00 | 148 |
| North Madison County | ||||||
| Date | DOM | Average | Median | # sold | ||
| 1-Nov-08 | 205 | $120,293.00 | $106,000.00 | 48 | ||
| 1-Dec-08 | 213 | $118,969.00 | $104,000.00 | 46 | ||
| 1-Jan-09 | 199 | $116,086.00 | $104,000.00 | 45 | ||
| 1-Feb-09 | 194 | $114,444.00 | $104,000.00 | 47 | ||
| 1-Mar-09 | 191 | $113,523.00 | $ 98,250.00 | 42 | ||
| 1-Apr-09 | 197 | $113,917.00 | $ 96,500.00 | 41 | ||
| 1-May-09 | 184 | $110,077.00 | $ 93,750.00 | 42 | ||
| 1-Jun-09 | 160 | $107,937.00 | $ 89,200.00 | 40 | ||
| 1-Jul-09 | 161 | $109,624.00 | $ 89,200.00 | 36 | ||
| 1-Aug-09 | 151 | $103,608.00 | $ 72,750.00 | 32 | ||
| 1-Sep-09 | 136 | $ 92,272.00 | $ 70,000.00 | 31 | ||
| 1-Oct-09 | 140 | $101,740.00 | $ 89,900.00 | 31 | ||
| 1-Nov-09 | 126 | $110,381.00 | $100,000.00 | 25 |
| South Madison County | ||||||
| Date | DOM | Average | Median | # sold | ||
| 1-Nov-08 | 200 | $149,167.00 | $149,900.00 | 133 | ||
| 1-Dec-08 | 192 | $147,016.00 | $148,448.00 | 126 | ||
| 1-Jan-09 | 191 | $148,782.00 | $148,895.00 | 121 | ||
| 1-Feb-09 | 195 | $146,575.00 | $147,329.00 | 118 | ||
| 1-Mar-09 | 194 | $142,166.00 | $141,500.00 | 123 | ||
| 1-Apr-09 | 191 | $136,838.00 | $135,000.00 | 115 | ||
| 1-May-09 | 186 | $133,552.00 | $131,446.00 | 118 | ||
| 1-Jun-09 | 188 | $135,804.00 | $131,446.00 | 110 | ||
| 1-Jul-09 | 188 | $130,825.00 | $128,000.00 | 119 | ||
| 1-Aug-09 | 203 | $133,132.00 | $128,300.00 | 129 | ||
| 1-Sep-09 | 209 | $129,834.00 | $126,200.00 | 128 | ||
| 1-Oct-09 | 214 | $129,364.00 | $126,400.00 | 123 | ||
| 1-Nov-09 | 224 | $129,546.00 | $126,000.00 | 123 |
If you would like more information on Madison County, or 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.
October 2009 residential real estate sales volume in Watkinsville, GA showed a slight rise in the 12 month sliding sales volume after a slight decline in September. For the last 3 months, volume has been hovering in a narrow range.
Annual volume is still down over 32% from a year ago. The average Days on Market (D.O.M.) is down slightly from September but still above last years average by 2 weeks. The average sales prices is almost back to what it was at this time last year, and, has been experiencing 3 months of rising after the lows of August. The median sales prices is still down from this time last year.
First time home buyers are still a strong part of the market. With the current extension, first time buyes will probably still remain a significant percentage of purchasers, and the inclusion of existing home owners qualifying for a credit will, hopefully, also contribute to a volume increase.
At the end of October there were 32 pending sales of residential property in Watkinsville, the This 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 Watkinsville over the last 12 months:
| Watkinsville | ||||||
| Date | DOM | Average | Median | # sold | ||
| 1-Nov-08 | 197 | $332,449.00 | $280,000.00 | 203 | ||
| 1-Dec-08 | 197 | $331,078.00 | $272,500.00 | 199 | ||
| 1-Jan-09 | 194 | $334,024.00 | $280,000.00 | 192 | ||
| 1-Feb-09 | 189 | $336,007.00 | $277,500.00 | 187 | ||
| 1-Mar-09 | 190 | $337,712.00 | $291,950.00 | 180 | ||
| 1-Apr-09 | 190 | $332,343.00 | $287,250.00 | 176 | ||
| 1-May-09 | 183 | $336,594.00 | $294,000.00 | 169 | ||
| 1-Jun-09 | 191 | $328,256.00 | $277,500.00 | 157 | ||
| 1-Jul-09 | 190 | $322,206.00 | $265,000.00 | 151 | ||
| 1-Aug-09 | 204 | $309,087.00 | $264,900.00 | 163 | ||
| 1-Sep-09 | 206 | $320,788.00 | $264,323.00 | 156 | ||
| 1-Oct-09 | 216 | $327,384.00 | $270,000.00 | 154 | ||
| 1-Nov-09 | 211 | $331,129.00 | $270,000.00 | 157 |
If you would like more information on Watkinsville, 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 Watkinsville please visit my The Athens Real Estate Page website.
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.
Oglethorpe County, Ga 12 month sliding average of residential sales has now been flat for four months in a row. This trend is a pretty good indicater that sales volume has bottomed in Oconee County.
A more positive note is that both average and median sales prices have been trending upward. While they are still well below the levels of a year ago, they may have reached bottom and are now either stabilizingor starting back up. Next months annual figures will be a better indicator.
The average Days on Market (D.O.M.), which has been rising again is still below but approaching it's highs of April.
Residential sales include the sale of single family residences, condos, townhomes, mobile and modular homes.
The Oglethorpe Count pending residential sales at the end of August totals 23 units, which is down 2 from July.
The following chart tracks the sliding 12 month averages for Oglethorpe County Ga through Aug 31, 2009:
| Oglethorpe County | ||||||
| Date | DOM | Average | Median | # sold | ||
| 1-Nov-08 | 149 | $142,820.00 | $141,900.00 | 93 | ||
| 1-Dec-08 | 152 | $141,339.00 | $140,700.00 | 83 | ||
| 1-Jan-09 | 158 | $148,117.00 | $141,400.00 | 83 | ||
| 1-Feb-09 | 160 | $144,593.00 | $138,000.00 | 81 | ||
| 1-Mar-09 | 161 | $132,423.00 | $134,950.00 | 80 | ||
| 1-Apr-09 | 174 | $133,678.00 | $134,900.00 | 77 | ||
| 1-May-09 | 158 | $128,868.00 | $125,875.00 | 78 | ||
| 1-Jun-09 | 166 | $131,032.00 | $125,875.00 | 86 | ||
| 1-Jul-09 | 164 | $127,220.00 | $127,000.00 | 87 | ||
| 1-Aug-09 | 169 | $120,862.00 | $117,000.00 | 86 | ||
| 1-Sep-09 | 163 | $117,237.00 | $114,500.00 | 88 | ||
| 1-Oct-09 | 164 | $119,434.00 | $114,000.00 | 85 | ||
| 1-Nov-09 | 170 | $124,039.00 | $117,500.00 | 86 |
All figures above are for 12 months and provide a clear picture of year to year and month to month trends in the market. Using annual numbers helps smooth out any temporary spikes or dips from month to month.
For more information on Oglethorpe County, GA or if 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 Oglethorpe County please visit my website www.theathensrealestatepage.com.
This coming Thursday, Nov. 5, from 10 AM until 4 PM, the Athens Area Humane Society will be hosting the famous Oscar Mayer Wienermobile outside of it's facility at 1781 Mars Hill Road, Watkinsville, GA 30677.
Bring your kids as an excuse to tour the Wienermobile and have a hot dog or two, or three..... There will be prizes, giveaways, adoptions, games, AAHS merchandise for sale, and in case you missed it, HOT DOGS!!!
Volunteers are still need to help with:
If you would like to volunteer, please call Denise Plemmons, Special Projects Manager, at 706-224-4474.
The weather is supposed to be beautiful, so come on down and have a hot dog and be a little kid again. And maybe you can help save an abandoned animal with your contribution, or, even adoption.
The Athens Area Humane Society is a No-Kill shelter. More information about AAHS can be found on their website, www.AthensHumaneSociety.org.
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