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 SALES BY MONTH

The 1st table shows SummerGrove monthly home sales for 2005 through YTD 2009 with annual totals and percent gains compared to the previous year.  2004, 2005, & 2006 had almost identical unit sales.  In 2007, only 138 (48.3%) of the 286 homes sold were resales, up from 34% in 2006.  In 2008, resales accounted for 65.6% of total sales in SummerGrove. 2009 will see SummerGrove built out. As of Oct 1, only 15 new homes remain for sale. The sales center closed in July '09

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

Gain

% Gain

2005

18

21

33

27

33

35

47

30

28

32

26

31

361

2

0.6%

2006

21

21

47

23

28

46

30

39

24

37

21

29

366

5

1.4%

2007

10

23

27

35

38

33

30

29

15

18

19

9

286

- 80

- 21.9%

2008

12

13

15

13

16

14

21

15

11

13

3

11

157

- 129

- 45.1%

2009

9

6

12

7

12

11

13

8

11

*

 

 

89

- 41

- 31.5%

* 12 homes Under Contract scheduled to close in Oct '09




 


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CLICK HERE to view the '09

Sales / Market Share Report


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                                                                                                                                                                          Source: Ga MLS


 136 Agents, 450+ Listings, $65 Million Sales


SALES BY PRICE

 

This table shows the annual unit sales for homes for 2005 through YTD 2009 for each designated price range with unit and percentage increases together with days on the market.  SummerGrove home sales continue to be predominately under $250,000 representing 54% of unit sales in the past 2 years.  Of the 157 homes sold in 2008, the average sale price is $266,647 (up 0.1% over 2007).  Of the 157 homes sold in 2008, 103 (65.6%) were resales and 54 (34.4%) were new. Our current inventory of 141 homes for sale, representing a 14.8 months supply, has an average list price of $262,129 and has been on the market for an average of 127 days. 

PRICE
RANGE

100K
149K

150K
199K

200K
249K

250K
299K

300K
349K

350K
399K

400K
499K

500K
799K

TOTAL

AVG
SALE

DOLLAR
VOLUME

2005

21

130

95

53

34

26

2

0

361

$ 230,235

$ 83,114,992

2006

14

114

77

70

46

24

15

6

366

$ 252,112

$ 92,273,243

2007

10

81

60

49

38

21

17

10

286

$ 265,237

$ 75,857,862

2008

7

49

32

26

10

17

7

9

157

$266,647

$41,863,598

   Gain/Loss1

- 3

- 32

- 28

- 23

- 28

- 4

- 10

- 1

- 129

+ $ 1,410

- $ 33,994,264

% Gain/Loss1       

-
30.0%

-
39.5%

-
46.7%

-
46.9%

-
 73.7%

-
19.0%

-
58.8%

-
10.0%

-
45.1%

+
0.1%

-
44.8%

% of Total2

4.4%

31.2%

20.4%

16.6%

6.4%

10.8%

4.4%

5.7%

100%

-

-

Days On Mkt3

121

118

113

180

118

293

177

103

150

-

-

  6 2009 Data As Of Oct 1, 2009 6

PRICE
RANGE

100K
149K

150K
199K

200K
249K

250K
299K

300K
349K

350K
399K

400K
499K

500K
799K

  
TOTAL

AVG
SALE

DOLLAR
VOLUME

Sep 2009

1

2

2

2

1

1

1

1

11

$289,223

$ 3,181,455

Aug 2009

1

2

2

2

1

0

0

0

8

$ 219,175

$ 1,753,400

Jul 2009

0

7

3

2

0

1

0

0

13

$ 214,053

$ 2,782,700

2nd Qtr 2009

1

9

4

9

3

2

2

0

30

$ 255,046

$ 7,651,400

1st Qtr 2009

1

3

9

5

4

3

2

0

27

$ 270,390

$ 7,300,540

YTD 2009

4

23

20

20

9

7

5

1

89

$254,713

$22,669,495

S Days on Mkt

103

102

152

222

199

345

130

244

164

-

-

FOR SALE4

13

36

36

22

11

6

12

5

141

$262,129

$36,960,186

FS Days on Mkt5

147

103

125

149

138

100

94

228

127

-

-

MON SUPPLY6

19.5

12.7

18.0

11.5

12.0

10.3

24.0

60.0

14.8

-

-

County Mons Supp7

11.3

14.6

13.0

18.9

20.7

20.9

16.8

53.1

12.8

$169,0498

-

MONTHS SUPPLY LEGEND:  GREEN=GOOD MARKET CONDITIONS  BLUE=AVERAGE MARKET CONDITIONS  ORANGE=EXTRA MARKETING REQUIRED  RED=INTENSE MARKETING REQUIRED
1 Unit and percentage gain/loss are for 2008 compared to 2007 (Black = Gain / Red = Loss)
2 Percent of total sales for calendar year 2008
3 Avg Days on Market for sold units for 2009
4 Number of homes for sale as of Oct 1, 2009 (click "FOR SALE" to see Summergrove homes for sale)
5 Avg Days on Market for "For Sale" homes for past 12 months
6 Months Supply on Market as of Oct 1, 2009
7 County Months Supply as of Oct 1, 2009
8 Avg Sale Price of ALL homes sold in Coweta for the past 12 months

Note: Months Supply is computed by dividing the current number of homes for sale into the number sold in the past 12 months X 12.



CELEBRATES

the opening of our Newnan office




2511 Hwy 34 East
Newnan, GA  30265

           


                     


         


We welcome your comments and suggestions.





Simply the Best