Simply the Best


"Georgia's Largest Real Estate firm south of Buckhead"




Click on the "Live Support" icon above and you'll be connected via chat
window with a Bush Group staff member who will link you directly to Don Bush.
Our chat line is open 7 days a week from 7 AM to 9 PM.


(Updated Quarterly)

SALES BY MONTH

The 1st table shows monthly unit sales for all homes for 2006 through YTD 2010 with annual totals and percent gains compared to the previous year.  New home sales in Troup, which represented 24% of total home sales in the county, posted a loss in 2008 of 30%. New home sales in virtually all Georgia counties have experienced a complete meltdown. In Troup, new home sales in '09 were 23% of the total, almost identical to '08.  The real estate crash began in Troup as it did for all Georgia counties, in 2007 declining 10.3%.  2008 saw decreased sales go into overdrive with the annual drop in unit sales of 27.6%, the biggest 1 year drop since we began keeping records. The decline slowed somewhat with 2009 reporting an additional 14.7% drop in unit sales. Since 2006, Troup's high-water mark, unit sales have decreased 42.3% in 2010. Of the 580 homes sold in 2010, 87 or 15% were new homes, only significantly below 2006's 25.7%.

 

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

Gain

% Gain

2006

61

48

105

101

118

90

75

88

74

110

66

70

1,006

+ 62

+ 6.6%

2007

61

59

80

80

98

102

75

93

51

80

48

75

902

- 104

- 10.3%

2008

43

44

77

60

65

63

73

55

51

54

30

38

653

- 249

- 27.6%

2009

30

44

38

49

56

49

54

41

57

49

46

44

557

- 96

- 14.7%

2010

30

46

69

59

66

49

48

45

57

33

37

41

580

+ 23

+ 4.1%

1% Diff
'06 v '10

-
50.8%

-
4.2%

-
34.3%

-
41.6%

-
44.1%

-
45.6%

-
36.0%

-
48.9%

-
23.0%

-
70.0%

-
43.9%

-
41.4%

 

-
426

-
42.3%

1 2010 % decrease compared to 2006, Troup's all time high

* 34 homes Under Contract scheduled to close in Jan 2011. Approx 10% of these contracts will fail due to credit, inspections, and/or appraisal.

NOTE: This report prepared Jan 18, 2011 at 7 AM. Any sales not posted to Ga MLS by this date and time are not part of any totals. Any monthly sales posted after this report date will be added to the appropriate month and stats will be adjusted accordingly on the next monthly report.





CLICK HERE 
to view the 2009 Sales Report





Simply the Best


More Agents....



More Listings....



More Sales....



More Growth

                                                                                                                                                                          Source: Ga MLS


 151 Agents, 440+ Listings, $86 Million Sales

SALES BY PRICE

This table shows the annual unit sales for all homes for 2006 through YTD 2010 for each designated price range with unit and percentage increases together with days on the market. Troup County home sales continue to be predominately under $125,000 representing 68% of the unit sales in 2010.  The average home sale price in 2010 was $107,210 (down 16.5% from 2009) selling at an average of 93.5% of list price. As of Jan 1, 2011 there were 542 existing homes and 98 new for a total of 640 homes for sale in Troup County and posting a 13.2 months supply for existing homes and 13.2 for new homes. The blended average is a 13.2 months supply.


                      

 Under 100K

100K
124K

125K 149K

150K 174K

175K 199K

200K 249K

250K 299K

300K 349K

350K 399K

400K 499K

500K
699K

700K
999K

1
MIL +


TOTAL


AVGS

Dollar
Volume

2006

372

156

166

110

73

45

33

16

11

10

10

4

0

1,006

$136,915

$137,736,490

2007

300

141

148

120

70

48

31

17

10

8

7

1

2

902

$139,164

$125,525,928

2008

269

78

94

62

38

63

25

11

4

4

5

0

0

653

$131,187

$85,665,111

2009

238

89

55

38

48

49

21

8

3

4

2

2

0

557

$128,460

$71,552,220

2010

326

68

50

42

26

30

20

9

1

5

0

2

0

580

$107,210

$62,182,184

Gain/Loss1

+ 88

- 21

- 5

+ 4

- 22

- 19

- 1

+ 1

- 2

+ 1

- 2

0

0

+ 23

- $ 21,250

- $9,370,036

%Gain/Loss1

+
37.0%

-
23.6%

-
0.9%

+
10.5%

-
45.8%

-
38.8%

-
4.8%

+
12.5%

-
66.7%

+
25.0%

-
100.0%


0.0%


0.0%

+
4.1%

-
16.5%

-
13.1%

% of Total2

56.2%

11.7%

8.6%

7.2%

4.4%

5.1%

3.4%

1.6%

0.2%

 0.9% 

0.0%

0.3%

0.0%

100%

-

  

 Days on Mkt3

101

149

142

155

135

195

208

251

18

372

N/A

220

N/A

-

130

  

6 2010 Data As Of Jan 1, 2011 6

PRICE
RANGE

Under
100K

100K
124K

125K
149K

150K
174K

175K
199K

200K
249K

250K
299K

300K
349K

350K
399K

400K
499K

500K
699K

700K
999K

 1
MIL +


TOTAL


AVGS

Dollar
Volume

Dec 20104

20

8

6

5

0

1

0

1

0

0

0

0

0

41

$96,244

$3,946,004

Nov 20104

18

3

7

3

1

2

1

0

0

1

0

0

0

37

$116,046

$4,293,728

Oct 20104

19

2

3

0

3

3

2

0

1

0

0

0

0

33

$108,990

$3,596,670

3rd Qtr 20104

90

16

10

13

6

9

3

1

0

1

0

1

0

150

$99,982

$14,997,232

2nd Qtr 20104

98

16

11

15

11

9

7

4

0

2

0

1

0

174

$115,747

$20,140,068

1st Qtr 20104

81

23

13

6

5

6

7

3

0

1

0

0

0

145

$104,886

$15,208,482

YTD 20104

326

68

50

42

26

30

20

9

1

5

0

2

0

580

$107,210

$62,182,184

% of Total

56.2%

11.7%

8.6%

7.2%

4.4%

5.1%

3.4%

1.6%

0.2%

0.9%

0.0%

0.3%

0.0%

100%

    

Days on Mkt5

101

149

142

155

135

195

208

251

18

372

N/A

220

N/A

-

130

  

 For Sale6

231

71

64

68

48

48

31

21

16

12

19

5

6

640

$183,575

$117,488,160

 Mon Supply7

8.5

12.5

15.3

19.4

22.1

19.2

18.6

28.0

192.0

28.8

228.0

30.0

216.0

-

13.2

  
 

 CLICK HERE to view the 2009 Troup Firm Ranking Report


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 2010 compared to 2009 (Black = Gain / Red = Loss)
2 Percent of total sales for 2010
3 Avg Days on Market are for sold homes for 2010
4 2009 unit sales for designated mon, qtr, & yr 
5 Days on Market for past 12 months of Sold Homes
6 Number of existing homes for sale as of Jan 1, 2011 (click on "For Sale" to search for any home in metro Atlanta)
7 Months Supply on Market as of Jan 1, 2011

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.

NOTE: This report prepared Jan 18, 2011 at 7 AM. Any sales not posted to Ga MLS by this date and time are not part of any totals. Any monthly sales posted after this report date will be added to the appropriate month and stats will be adjusted accordingly on the next monthly report.

Southern Crescent Counties - All Home Sales

2009 vs 2006 Comparison

CLICK HERE to view an analysis of the below table

County
Click county
name for Mkt
Watch Report

2009
Dollar
 Volume

2006
Dollar
Volume

%
Chg

'09 # 
Homes
Sold

'06 # 
Homes
Sold

%
Chg 

2009
Avg
Price

2006
Avg
Price

%
Chg

Months
Supply
5/1/10

Henry

$387,154,140

$1,071,806,494

- 63.9%

2,895

5,258

- 44.9%

$133,732

$203,843

- 34.4%

9.7

Fayette

$287,113,824

$658,550,244

- 56.4%

1,098

2,103

- 47.8%

$261,488

$313,148

- 16.5%

15.5

Coweta

$274,144,033

$621,387,354

- 55.9%

1,601

3,017

- 46.9%

$171,233

$205,962

- 16.9%

13.0

So Fulton

$268,232,832

$476,536,931

- 43.7%

2,664

2,801

- 4.9%

$100,688

$170,131

- 40.8%

8.3

Clayton

$232,426,880

$596,497,620

- 61.0%

4,060

4,535

- 10.5%

$57,248

$131,532

- 56.5%

7.0

Douglas

$195,641,488

$407,059,374

- 51.9%

1,576

2,234

- 29.4%

$124,138

$182,211

- 31.9%

12.2

Carroll

$108,738,008

$228,555,738

- 52.4%

1,124

1,602

- 29.8%

$96,742

$142,669

- 32.2%

9.9

Troup

$71,552,220

$137,736,490

- 48.1%

557

1,006

- 44.6%

$128,460

$136,915

- 6.2%

15.1

Spalding

$48,404,370

$117,200,250

- 58.7%

530

970

- 45.4%

$91,329

$120,825

- 24.4%

13.7

TOTAL

$1,873,407,795

$4,315,330,495

- 56.6%

16,105

23,526

- 31.5%

$116,325

$183,428

- 36.6%

10.2







CELEBRATES

the opening of our new office


  




             


Bush Real Estate Group
Coweta, Fayette, Henry,
Fulton, Troup, Heard, Spalding,
& Meriwether counties

Office: 770-254-9400

E-Mail: info@bushrealestategroup.com