Housing Inventory, Market Trends, Athens, Winder, Jefferson

Report Date: Nov 30, 2009; Winder, GA

Closed Transactions Over: 12 Months 6 Months 3 Months
Number of Closed Transactions: 471 265 131
Average Properties Sold Per Month: 39.3 44.2 43.7
Current Number of Actives: 334 334 334
Months Supply on Market: 8.5 7.6 7.6

Report Date: Nov 30, 2009; Jefferson, GA

Closed Transactions Over: 12 Months 6 Months 3 Months
Number of Closed Transactions: 291 161 79
Average Properties Sold Per Month: 24.3 26.8 26.3
Current Number of Actives: 298 298 298
Months Supply on Market: 12.3 11.1 11.3

Report Date: Nov 30, 2009; Watkinsville, GA

Closed Transactions Over: 12 Months 6 Months 3 Months
Number of Closed Transactions: 88 53 22
Average Properties Sold Per Month: 7.3 8.8 7.3
Current Number of Actives: 136 136 136
Months Supply on Market: 18.5 15.4 18.5

Report Date: Nov 30, 2009; Athens, GA

Closed Transactions Over: 12 Months 6 Months 3 Months
Number of Closed Transactions: 434 249 86
Average Properties Sold Per Month: 36.2 41.5 28.7
Current Number of Actives: 561 561 561
Months Supply on Market: 15.5 13.5 19.6

 

Well it’s the end of November and we find area housing supply absorption rates still lofty with one exception, Winder, GA.  Winder housing supply is now slipping closer to a balanced market at 7.6 months supply of housing inventory on the market for sale.

Positive signs to take note 0f related to Athens housing, we see for three months in a row now an increase in the annual number of home sales from 774 during the 12 months ending September 1, 2009 to a current 813 homes sold in the last twelve months ending November 30, 2009.  This is overwhelmingly positive for an Athens market that saw from June 1, 2008 through September 1, 2009 for each and every twelve months (i.e. every new month creates a rolling twelve months of new sales history) created a decrease in homes sold with never a single period of stability.

With record low interest rates, an Extended (and Expanded) Home Buyer Tax Credit, and Prudential Georgia’s exclusive Job Loss Protection, I am hopeful these figures keep heading back upward as we end 2009 and head into a new 2010, which is loaded with optimism!

www.AthensGaHomesForSale.com

www.GetJobLossProtection.com

About hankbailey

Member of the Athens Area Association of REALTORS®, Georgia Association of REALTORS®, and the National Association of REALTORS®. I grew up in Athens and graduated from UGA with a BBA from the Terry College. I serve as a Residential Real Estate Listing and Buyer Services through Prudential Georgia, one of the largest real estate companies in the State of Georgia. Working with first time home buyers, step-up buyers, and Relocations in Jackson, Barrow, Oconee, and Athens-Clarke Counties. http://www.AdvancedPropertyMarketing.com (this is our listing methodology) http://www.GetJobLossProtection.com (this is an overview of our job loss program) • Adept at understanding mortgage financing issues, products, and terminology. • Technical expertise in internet marketing. • Excellence in establishing trust with clients. Represents Prudential Georgia Property Management in the acquisition and marketing of properties for lease in the Greater Athens area. Personal website; www.athensgahomesforsale.com Member of GA MLS Member of FMLS Member Georgia Association of REALTORS® Member of Athens Association of REALTORS® Member of the National Association of REALTORS® Member of the UGA Alumni Association
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