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(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.  In 2010, new home sales in Clayton represented only 9.6% of total home sales and posted a loss compared to 2009 of 9.5% in unit sales. New home sales in virtually all Georgia counties have experienced a complete meltdown. The real estate crash began in Clayton, as it did for all Georgia counties, in 2007 and by the end of 2010 the decline in unit sales has been 25.7% compared to 2006. 

 

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

Gain

% Gain

2006

279

339

375

347

442

423

363

430

362

437

400

338

4,535

- 177

- 3.8%

2007

288

279

353

386

377

392

322

302

243

291

259

270

3,762

- 773

- 17.0%

2008

244

315

271

290

324

281

284

332

392

300

303

301

3,637

- 125

- 3.3%

2009

261

289

375

394

387

380

383

331

339

333

265

323

4,060

+ 423

+ 11.6%

2010

199

244

333

332

300

346

323

334

244

254

202

259

3,370

- 690

- 17.0%

1% Diff
'06 v '10

-
28.7%

-
28.0%

-
11.2%

-
4.3%

-
32.1%

-
18.2%

-
11.0%

-
22.3%

-
32.6%

-
41.9%

-
49.5%

-
23.3%

 

-
1,165

-
25.7%

1 2010 % decrease compared to 2006

* 261 homes Under Contract scheduled to close in Jan 2011. Approx 25% of these contract will fail due to appraisal, inspections, & credit.

NOTE: This report prepared Jan 20, 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






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                                                                                                                                                                          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. Clayton County home sales continue to be predominately under $100,000 representing 86.6% of the unit sales in 2010.  The average home sale price in 2010 was $55,101 (down 3.7% from 2009) selling at an average of 96.3% of list price. Since 2006, avg prices have fallen 58.1%.  As of Jan 1, 2011 there were 1,862 existing homes and 229 new for a total of 2,091 homes for sale in Clayton County and posting a 7.2 months supply for existing homes and 8.4 for new homes. The blended average is a 7.4 months supply.

While total unit sales are down 25.7% compared to the same period in 2006, 2010 dollar volume has plummeted 68.8% compared to 2006, the most significant percentage loss in the 9 county southern crescent region.



                      

 Under 100K

100K
124K

125K 149K

150K 174K

175K 199K

200K 249K

250K 299K

300K 399K

400K 499K

500K
699K

700K
999K

1
MIL +


TOTAL


AVGS

Dollar
Volume

2006

1,087

1,215

1,017

553

353

237

37

19

6

2

5

4

4,535

$131,532

$595,578,888

2007

1,323

797

686

382

250

271

38

11

4

0

0

0

3,762

$122,335

$459,003,207

2008

2,444

495

302

166

120

75

24

3

3

1

3

0

3,637

$  83,058

$301,666,754

2009

3,445

298

160

81

40

15

7

5

5

2

1

1

4,060

$57,238

$231,970,150

2010

2,919

245

111

48

23

13

2

2

1

3

1

2

3,370

$55,101

$185,691,856

Gain/Loss1

- 526

- 53

- 49

- 33

- 80

- 2

- 5

- 3

- 4

+ 1

0

+ 1

- 690

- $2,137

- $46,278,294

%Gain/Loss1

-
15.2%

-
17.8%

-
30.6%

-
40.7%

-
66.7%

-
13.3%

-
71.4%

-
60.0%

-
80.0%

+
50.0%


0.0%

+
100%

-
17.0%

-
3.7%

-
20.0%

% of Total2

86.6%

7.2%

3.2%

1.4%

0.7%

0.4%

0.1%

0.1%

 0.1% 

0.1%

0.1%

0.1%

100%

-

 

 Days on Mkt3

63

87

94

102

199

97

251

114

70

21

24

3

-

67

 

6 2010 Data As Of Jan 1, 2011 6

 

Under
100K

100K
124K

125K
149K

150K
174K

175K
199K

200K
249K

250K
299K

300K
399K

400K
499K

500K
699K

700K
999K

 1
MIL +


TOTAL


AVGS

Dollar
Volume

Dec 20104

227

17

5

2

5

1

0

1

0

0

0

1

259

$56,856

$14,725,704

Nov 20104

184

8

4

3

1

2

0

0

0

0

0

0

202

$48,401

$9,777,200

Oct 20104

230

11

9

3

0

1

0

0

0

0

0

0

254

$46,935

$11,921,490

3rd Qtr 20104

779

72

29

11

3

3

1

1

0

2

0

0

901

$55,347

$49,867,647

2nd Qtr 20104

829

80

42

15

7

2

1

0

1

0

0

1

978

$58,880

$57,584,640

1st Qtr 20104

670

57

22

14

7

4

0

0

0

1

1

0

776

$53,885

$41,815,175

YTD 20104

2,919

245

111

48

23

13

2

2

1

3

1

2

3,370

$55,101

$185,691,856

% of Total

86.6%

7.2%

3.2%

1.4%

0.7%

0.4%

0.1%

0.1%

0.1%

0.1%

0.1%

0.1%

100%

   

Days on Mkt5

63

87

94

102

199

97

251

114

70

21

24

3

-

67

 

 For Sale6

1,643

185

106

44

37

25

19

15

4

1

6

5

2,091

$78,346

$163,822,199

 Mon Supply7

6.8

9.1

11.4

11.0

19.3

23.1

114.0

90.0

48.0

4.0

72.0

30.0

-

7.4

 

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
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 20, 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







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

Office: 770-254-9400

E-Mail: info@bushrealestategroup.com