Fannie Mae Market Conditions Results; Athens, GA

Fannie Mae Market Conditions Results

Search Criteria: Athens

Look Back Date: Jul 07, 2010

Report Date: Jul 07, 2010

Inventory Analysis Prior 7-12 Months Prior 4-6 Months Current-3 Months
Total Number of Comparable Sales (Settled): 221 93 135
Absorption Rate (Total Sales/Month): 36.83 31.00 45.00
Total Number of Comparable Active Listings: 574 691 656
Months of Housing Supply (Total Listings/Abs. Rate): 15.6 22.3 14.6
Median Sales & List Price, DOM, Sale/List% Ratio Prior 7-12 Months Prior 4-6 Months Current-3 Months
Median Comparables Sale Price: $139,000 $142,000 $137,777
Median Comparables Sales Days on Market: 77 82 70
Median Comparable Listings List Price: $179,900 $179,900 $179,900
Median Comparable Listings Days on Market: 142 110 128
Median Sale Price as % of List Price: 95.93% 94.73% 91.91%
Median Seller Concession Percent (for SC > 0): 3.00% 3.00% 2.99%
Median List Price and DOM For Other Statuses Prior 7-12 Months Prior 4-6 Months Current-3 Months
Under Contract
Total Comparables Under Contract: 1 4 31
Median Comparables List Price: $179,000 $229,900 $132,500
Median Comparables Days on Market: 162 146 73
Withdrawns
Total Comparables Withdrawn: 53 22 35
Median Comparables List Price: $189,900 $163,900 $199,900
Median Comparables Days on Market: 124 119 285
Expireds
Total Comparables Expired: 326 106 154
Median Comparables List Price: $189,000 $181,900 $180,000
Median Comparables Days on Market: 184 184 218
Properties Listed as Foreclosures or Bank-Owned
#New Listings Per Period: 26 21 19
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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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