Market Statistics for Greater Athens, Georgia

Residential Sold Reports

Period:   1-01-2007 to 13/31/07  compared with 01/01/08 to 12/31/08

Total # homes sold :                        2007:     3614                       2008:     2483

New Listings in same period        2007:     6691                       2008:     6306      

Median Sold Price:                          2007:     $149,500              2008: 149,900

Average Sold Price:                         2007:  183,627                    2008:183,635

Average Days on Market:             2007:     163                         2008:  176

Total Homes Sales Sold Dollar Volume:

                                                                2007:     $681,257,120

                                                                2008:  $461,658,618

My take on the statistics is this:

# of homes sold is down about 32%.

# of new listings is down about 6%.

Median price sold is about the same.

Average price sold is about the same.

Average Days on the market has increased by 13 days

Total Sales Sold Dollar Volume is down about 32%

So, while the number of homes sold is down, the homes that sold were in the same price range as the year before.

If you want me to report the statistics of your specific area or county, let me know, and I’ll send them to you.

Have a great day,

 Laura Leidenwww.lauraleidenhomes.com