It is funny to me when I read these figures, but little Bogart the small town place of my youth, GA has become “the place to live” around Athens. One of our highest priced zip codes in Oconee County, GA, right outside of Athens. According to Trulia.com, “the average price per square foot for Bogart GA was $144, an increase of 0% compared to the same period last year. The median sales price for homes in Bogart GA for May 05 to Jul 05 was $430,000 based on 1 home sales. Compared to the same period one year ago, the median home sales price increased 0%, or $430,000, and the number of home sales increased 0%.”
“There are currently 480 resale and new homes in Bogart on Trulia, including 25 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.” This represents a “distressed sales” rate of only 5.2%. Minute in comparison to the national foreclosure rate which is over 40% of homes sold in recent months. ”The average listing price for homes for sale in Bogart GA was $312,535 for the week ending Jun 10, which represents a decrease of 0.2%, or $659, compared to the prior week.”
If you are a buyer in our market, these are probably the best buying conditions in 30 years! If you would like to search the Athens MLS with MapTracks please take a look at listings in our “Classic City” today! On this web MLS search solution you can search every listing on the Georgia MLS for the Greater Athens area or in your Georgia town!
