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Spring 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Evans. Low rates with falling home prices makes a home purchase a great value! Call now for more information at Cathie: 706-339-1111 or Chad: 706-726-2309
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| Average Home Price | $225,000 - 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 | $300,000 - $349,000 |
| Prices As % of Asking Price | 85-90% |
| 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 Evans is | No Change |
| Seller Activity for the past 90 days in Evans is? | No Change |
| Multiple Offers? | No |
| Multiple Offers Commentary | On a rare occasion a seller will get multiple offers. This may happen if the home is priced well, in a very desirable area and in fantastic shape. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 10-15% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Good economic news |
| Nearest Metro Area | Augusta |
| Housing Hot Spots | Most cities within the Columbia County area are considered ’Housing Hotspots’ |
| Average Sold Price | $225,000 - View Graph Trend |
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Cathie and Chad Richards
RE/MAX Masters, Inc.
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