But the news is mixed.
In Athens-Clarke County the sliding 12 month sales figures have shown a steady decrease in the number of homes sold in the area. In the year ending Jan. 1, 2008 the total home sold was 1664. In the 12 months from Aug. 1, 2007 to Aug. 1, 2008 the total number sold was 1229. That is a decrease of over 26%. At the same time D.O.M. had a 3% increase from 167 to 173 days.
On the other hand both the 12 month sliding median and average sales prices have gone up significantly. There was an almost 7% increase in median price from $139,900 to $149,625 and a 6.5% increase in average price from $164,445 to $175,821.
The following chart shows the sliding 12 month figures:
| Date | D.O.M | # Sold | Median Price | Average Price |
|---|---|---|---|---|
| 1/1/2008 | 167 | 1664 | $139,900.00 | $164,445.00 |
| 2/1/2008 | 167 | 1632 | $139,900.00 | $164,857.00 |
| 3/1/2008 | 171 | 1579 | $140,000.00 | $166,204.00 |
| 4/1/2008 | 172 | 1516 | $141,000.00 | $165,930.00 |
| 5/1/2008 | 173 | 1484 | $140,000.00 | $166,500.00 |
| 6/1/2008 | 174 | 1382 | $142,400.00 | $168,257.00 |
| 7/1/2008 | 173 | 1321 | $145,000.00 | $171,767.00 |
| 8/1/2008 | 173 | 1229 | $149,625.00 | $175,821.00 |
For more information on buying or selling in Athens-Clarke County please contact me by phone or email.
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