Saturday, October 4, 2008

Madison County, GA Home Sales Holding Steady

Madison County is showing some resilience in todays housing market.

For August and September the sliding average of annual home sales in Madison County has remainded virtually unchanged. However, sales are still down almost 28% from the start of the year. The D.O.M. (Days on Market) decreased slightly but is still up almost 9% since January.

While down from last month, the average home sales price in Madison County is still slightly higher than at the start of the year while the median price is down from last month and just over 1% lower since January.

The following chart shows the sliding 12 month figures for Madison County:

Date D.O.M # SoldAverage PriceMedian Price
1/1/2008 194 244
$148,726.00
$143,500.00
2/1/2008
198
239
$148,541.00
$144,500.00
3/1/2008 199 235
$149,963.00
$143,200.00
4/1/2008 199 231
$150,099.00
$143,750.00
5/1/2008 201 223
$151,100.00
$144,500.00
6/1/2008 195
213
$147,999.00
$144,500.00
7/1/2008 199 198
$150,638.00
$142,200.00
8/1/2008 212 181
$147,995.00
$141,000.00
9/1/2008 214
174
$152,894.00
$145,000.00
10/1/2008 211 176
$149,273.00
$141,500.00

For more information on buying or selling in Madison County please contact me by phone or email.

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