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




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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 Douglas represented only 9.1% (132 new homes) of total home sales compared to 13.7% in 2009. New home sales in virtually all Georgia counties have experienced a complete meltdown. The real estate crash began in Douglas, as it did for all Georgia counties, in 2007 declining 16.7% compared to 2006.  2009 saw a minor increase in unit sales but the drop in average prices went into overdrive with an annual drop of 20.2%, the biggest 1 year drop since we began keeping records. Since 2006, the high water mark for Douglas, the average price of homes has fallen 38.9% as of the end of 2010.

 

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

Gain

% Gain

2006

141

145

213

195

243

230

184

202

164

179

181

157

2,234

+ 110

+ 5.2%

2007

122

161

176

154

191

181

202

169

118

145

112

131

1,862

- 372

- 16.7%

2008

100

114

140

126

140

129

123

134

149

118

85

97

1,455

- 407

- 21.9%

2009

74

106

161

162

138

134

150

139

122

134

134

122

1,576

+ 121

+ 8.3%

2010

92

100

133

135

141

144

157

118

123

110

97

108

1,458

- 118

- 7.4%

1% Diff
'06 v '10

-
34.8%

-
31.0%

-
37.6%

-
30.8%

-
42.0%

-
37.3%

-
14.7%

-
41.6%

-
25.0%

-
38.5%

-
46.4%

-
31.2%

 

-
776

-
34.7%

1 2010 % decrease compared to 2006, Douglas County's all time high.

* 104 homes Under Contract scheduled to close in Jan 2011. Approx 25% of these contracts will fail due to appraisal, credit, or inspections.

NOTE: This report prepared Jan 24, 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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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. Douglas County home sales continue to be predominately under $100,000 representing 57.2% of the unit sales in 2010.  The average SFR home sale price in 2010 was $111,289 (down 10.3% from 2009) selling at an average of 96.4% of list price. Since 2006, avg prices have fallen 38.9%.  As of Jan 1, 2011 there were 1,243 existing homes and 103 new for a total of 1,346 homes for sale in Douglas County and posting an 11.5 months supply for existing homes and 9.8 for new homes. The blended average is an 11.1 months supply.

While unit sales are down 34.7% in 2010 compared to 2006, dollar volume has plummeted 60.1% due to the decline in average prices.


                      

 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

219

316

410

344

243

345

183

61

56

34

18

5

0

2,234

$182,211

$406,878,577

2007

289

265

308

236

201

253

154

69

44

36

7

0

0

1,862

$175,613

$326,993,249

2008

430

227

194

168

105

140

86

41

25

26

9

4

0

1,455

$155,575

$226,206,937

2009

712

206

191

137

91

104

72

36

17

9

1

0

0

1,576

$124,080

$195,055,156

2010

834

143

133

87

59

95

49

30

16

5

5

2

0

1,458

$111,289

$162,258,932

Gain/Loss1

+ 122

- 63

- 58

- 50

- 32

- 9

- 23

- 6

- 1

- 4

+ 4

+ 2

0

- 118

- $12,791

- $32,796,224

%Gain/Loss1

+
17.1%

-
30.6%

-
30.3%

-
36.4%

-
35.1%

-
8.7%

-
31.9%

-
16.7%

-
5.9%

-
44.4%

+
400%

+
200%


N/A

-
7.4%

-
10.3%

-
16.8%

% of Total2

57.2%

9.8%

9.1%

6.0%

4.0%

6.5%

3.3%

2.1%

1.1%

 0.3% 

0.3%

0.1%

0.0%

100%

-

  

 Days on Mkt3

74

82

91

129

96

169

105

108

187

167

145

30

N/A

-

90

  

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

4th Qtr 20104

206

24

24

19

12

13

6

8

2

0

1

0

0

315

$99,253

$31,264,695

3rd Qtr 20104

221

33

43

25

17

28

16

9

3

2

0

1

0

398

$111,662

$44,441,476

2nd Qtr 20104

216

57

34

25

19

38

15

6

6

2

2

0

0

420

$117,962

$49,544,043

1st Qtr 20104

191

29

32

18

11

16

12

7

5

1

2

1

0

325

$113,872

$37,008,718

YTD 20104

834

143

133

87

59

95

49

30

16

5

5

2

0

1,458

$111,289

$162,258,932

% of Total

57.2%

9.8%

9.1%

6.0%

4.0%

6.5%

3.3%

2.1%

1.1%

0.3%

0.3%

0.1%

0.0%

100%

    

Days on Mkt5

74

82

91

129

96

169

105

108

187

167

145

30

N/A

-

90

  

 For Sale6

581

136

154

112

89

100

63

38

17

35

13

7

1

1,346

$147,392

$198,389,966

 Mon Supply7

8.3

11.4

13.9

15.4

18.1

12.6

15.4

15.2

12.8

84.0

31.2

42.0

60.0

-

11.1

  


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 24, 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