Athens Real Estate Market - View Athens Real Estate Market Trends in Georgia

Winter 2012 Market Update With lower taxes and nice, newer homes, Athens is an ideal place to move to enjoy a great standard of living...for less! Athens is considered a top choice to retire and/or to raise a family. Enjoy family oriented activities or the music scene in downtown Athens. LIke lectures and cultural events, come to Athens, where the University of Georgia gives endless opportunities to grow and learn and enjoy. Now is an exceptional time to buy a home in Athens. Low rates with low home prices makes a home purchase a great value! Call now for more information at 706-540-4181
Average Home Price	$175,000 - View Graph Trend

Average Price Compared to Last Year	Down 0-5%

Average Time on Market	More than 120 days

Best Selling Price Range	$100,000 - $149,000

Worst Selling Price Range	$1,000,000+

Prices As % of Asking Price	90-95%

Existing Home Prices for the past 90 days are?	No Change

Market Trend	Increasing

Buyers’ or Sellers’ Market	More sellers than buyers

Buyer Activity for the past 90 days in Athens is	Increasing

Seller Activity for the past 90 days in Athens is?	Decreasing

Multiple Offers?	Yes

Multiple Offers Commentary	Foreclosures that are priced very competively frequently get mulitple offers.

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	35-40%

Is Financing Available For Qualified Buyers?	Yes

Comments on Financing For Qualified Buyers	Great opportunities to get loans for qualified buyers. While all the documentation may require extra patience, loans are being made.

Housing Inventory	Good supply - Some Prices

Inventory Comments	Many great deals in Athens now! Huge price reductions on many properties. A great time to buy in Athens. Foreclosures and resales are going for great prices when the seller is motivated. Definitely a buyer’s market.

Greatest Activity	First Time Buyers

Reason to Buy/Sell	New Industries

Nearest Metro Area	Athens, Atlanta

Housing Hot Spots	5-points in Athens is considered a hotspot, as well as Watkinsville and much of Oconee County.

Average Sold Price	$175,000 - View Graph Trend

Athens Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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