Georgian Triangle Real Estate Market Report – January 2019

Share on facebook
Facebook
Share on google
Google+
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest

STRONG VOLUME SALES, AVERAGE SALE PRICE WAY UP

SECOND-BEST EVER JANUARY VOLUME OF $49,939,450
Up 4% from last January’s $47,979,755, with units of 86 down 18% from last January’s 105. New listings of 190 up 9%, with the sales/listings ratio of 45% down 17%.

UNIT SALES DOWN IN FOUR PRICE SEGMENTS, UP IN TWO, EVEN IN ONE

The Under-$300K, $300K-$499K, $800K-$999K and $1M-$1.499M segments were down 48%,24%, 14% and 25% respectively; the $1.5M-$1.999M and $2M+ segments were up 400% and200% respectively; and the $500-$799K segment was even.

AVERAGE SALE PRICE OF $580,691
Up 27% from January 2018’s $456,950, although that jump likely reflects the specific homes sold as much as any general market appreciation. Average days-on-market of 70 up 3 days.


Share on facebook
Facebook
Share on google
Google+
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Close Menu