northeast georgia- april 2013 market trends
DESCRIPTION
Presented by RE/MAX of Georgia. Make Your Move with the #1 Name in Real Estate. Go to remax-georgia.com or Call 1-877-345-REMAX to connect to an agent about buying a home or selling your home in today’s market.TRANSCRIPT
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.