northeast georgia- april 2013 market trends

NORTHEAST GEORGIA APRIL 2013

APRIL 2013

Comparing 2012 to 2013, there are…

21 more Properties sold than this time last year

Listings have been selling 43 days slower in 2013 than

2012

16% more listings under contract compared to 2012

9% less listings for sale in 2013

Average sales price has decreased in 2013 by 9% or

$13,907

24% less monthly supply of inventory in 2013

NORTHEAST GEORGIA

NUMBER OF PROPERTIES SOLD

21 more properties soldthan this time last year

APRIL 2013NORTHEAST GEORGIA

Apr-12 May-12 Jun-12 Jul-12 Aug-12Sep-12 Oct-12 Nov-12Dec-12 Jan-13 Feb-13 Mar-13 Apr-13

0

50

100

150

200

250

DAYS ON THE MARKET

Listings have been selling 43 days slower in 2013 than 2012

APRIL 2013NORTHEAST GEORGIA

Apr-12May-12 Jun-12 Jul-12 Aug-12Sep-12 Oct-12 Nov-12Dec-12 Jan-13 Feb-13 Mar-13 Apr-13

0

50

100

150

200

250

PENDING LISTINGS

APRIL 2013

16% more listings under contract compared to 2012

NORTHEAST GEORGIA

Apr-12 May-12 Jun-12 Jul-12 Aug-12Sep-12 Oct-12 Nov-12Dec-12 Jan-13 Feb-13 Mar-13 Apr-13

0

50

100

150

200

250

NUMBER OF LISTINGS FOR SALE

APRIL 2013

9% less listings for sale compared to 2013

NORTHEAST GEORGIA

Apr-1

2

May

-12

Jun-

12

Jul-1

2

Aug-

12

Sep-

12

Oct-1

2

Nov-1

2

Dec-1

2

Jan-

13

Feb-

13

Mar

-13

Apr-1

3

-

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

AVERAGE SALES PRICE

APRIL 2013

Average sales price has decreased in 2013 by 9% or $13,907

NORTHEAST GEORGIA

Apr-1

2

May

-12

Jun-

12

Jul-1

2

Aug-

12

Sep-

12

Oct-1

2

Nov-1

2

Dec-1

2

Jan-

13

Feb-

13

Mar

-13

Apr-1

3

$-

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

$140,000

$160,000

$180,000

MONTHLY SUPPLY OF INVENTORY

APRIL 2013

24% less monthly supply of inventory in 2013

NORTHEAST GEORGIA

Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13

0

2

4

6

8

10

12

14

16

18

Data provided by Terradatum.  The above representation is based in whole or in part on data from the local Multiple Listing Service for the time period indicated.  RE/MAX, the Multiple Listing Service, and the member Associations of REALTORS do not guarantee or are in any way responsible for the data accuracy.