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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 2009, new home sales in Carroll represented only 9.6% of total home sales and posted a loss compared to 2008 of 28.0% in unit sales. New home sales in virtually all Georgia counties have experienced a complete meltdown. The real estate crash began in Carroll, as it did for all Georgia counties, in 2007 declining 21.7% 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 19.6%, the biggest 1 year drop since we began keeping records. By Oct 31, 2010, the avg price of homes fell 44.1% compared to 2006, the high water mark for Carroll.

 

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Total

Gain

% Gain

2006

79

108

166

131

167

174

144

136

127

146

100

124

1,602

+ 270

+ 20.3%

2007

81

110

128

108

121

109

104

126

108

99

86

75

1,255

- 347

- 21.7%

2008

65

95

84

92

94

108

93

128

95

96

70

77

1,097

- 158

- 12.6%

2009

73

83

86

101

93

109

117

90

106

106

72

88

1,124

+ 27

+ 2.5%

2010

74

77

120

110

95

84

96

95

92

90

80

84

1,097

- 27

- 2.4%

1% Diff
'06 v '10

-
6.3%

-
28.7%

-
27.7%

-
16.0%

-
43.1%

-
51.7%

-
33.3%

-
30.1%

-
27.6%

-
38.3%

-
20.0%

-
32.2%

 

-
505

-
31.5%

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

* 64 homes Under Contract scheduled to close in Jan 2011. Approx 20% of these contracts will fail due to appraisal, credit, or inspections.

NOTE: This report prepared Jan 25, 2010 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. Carroll County home sales continue to be predominately under $100,000 representing 61.3% of the unit sales in 2009.  The average home sale price in 2009 was $96,742 (down 19.6% from 2008) selling at an average of 93.0% of list price. Since 2006, avg prices have fallen 44.1% as of Oct 31, 2010.  As of Nov 1, 2010 there were 885 existing homes and 31 new for a total of 916 homes for sale in Carroll County and posting an 10.4 months supply for existing homes and 5.0 for new homes. The blended average is an 10.1 months supply.

YTD 2010, dollar volume plummeted 62.4% compared to the same 10 months in 2006.



                      

 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

366

369

350

199

111

103

43

35

18

6

2

0

1,602

$142,699

$228,603,798

2007

321

291

262

136

88

63

39

29

13

11

2

0

1,255

$142,412

$178,727,060

2008

497

203

151

87

57

43

21

22

9

5

2

0

1,097

$120,260

$131,925,220

2009

689

170

109

53

33

33

16

14

4

3

0

0

1,124

$96,742

$108,738,008

Gain/Loss1

+ 192

- 33

- 42

- 34

- 24

- 10

- 5

- 8

- 5

- 2 

- 2

0

+ 27

- $23,518

- $23,187,212

%Gain/Loss1

+
38.6%

-
16.3%

-
27.8%

-
39.1%

-
42.1%

-
23.3%

-
23.8%

-
36.4%

-
55.6%

-
40.0%

-
100%


0.0%

+
2.5%

-
19.6%

-
17.6%

% of Total2

61.3%

15.1%

9.7%

4.7%

2.9%

2.9%

1.4%

1.2%

 0.4% 

0.3%

0.0%

0.0%

100%

-

  

 Days on Mkt3

77

107

123

134

113

142

189

124

355

229

N/A

N/A

-

95

  

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
399K

400K
499K

500K
699K

700K
999K

 1
MIL +


TOTAL


AVGS

Dollar
Volume

4th Qtr 20104

199

18

11

5

6

8

2

3

1

1

0

0

254

$77,169

$19,600,926

3rd Qtr 20104

216

26

18

10

3

3

4

3

0

0

0

0

283

$75,184

$21,277,072

2nd Qtr 20104

191

42

21

16

4

7

3

3

1

1

0

0

289

$88,658

$25,622,182

1st Qtr 20104

198

26

25

8

6

3

2

3

0

0

0

0

271

$76,181

$20,645,289

YTD 20104

804

112

75

39

19

21

11

12

2

2

0

0

1,097

$79,440

$87,145,469

% of Total

73.2%

10.2%

6.8%

3.6%

1.7%

1.9%

1.0%

1.1%

0.2%

0.2%

0.0%

0.0%

100%

    

Days on Mkt5

75

112

129

112

154

159

153

213

20

348

N/A

N/A

-

90

  

 For Sale6

438

124

103

48

48

44

28

27

22

21

7

6

916

$156,753

$143,586,091

 Mon Supply7

6.7

12.1

15.8

13.1

28.8

33.0

30.5

27.0

264.0

126.0

84.0

360.0

-

10.1

  

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 2009 compared to 2008 (Black = Gain / Red = Loss)
2 Percent of total sales for 2009
3 Avg Days on Market are for sold homes for 2009
4 2010 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 Nov 1, 2010 (click on "For Sale" to search for any home in metro Atlanta)
7 Months Supply on Market as of Nov 1, 2010

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 Nov 17, 2010 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%

7.8

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