Fannin County Residential October 2010 Market Report

8/8/2019 Fannin County Residential October 2010 Market Report

http://slidepdf.com/reader/full/fannin-county-residential-october-2010-market-report 1/21

Sep-10

164,500

Sep-09

225,000

%

-27%

Change

-60,500

Sep-09 vs. Sep-10: The median sold price is down 27%Median Sold Price by Month

Blairsville Realty

Sep-09 vs. Sep-10

Chad Lariscy

Clarus MarketMetrics® 1 of 2 10/09/2010

Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAll

Sq Ft:

Fannin

Residential: (Single Family Residential Detached)

Period: All All

Property Types:

Counties:

All

Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)NEGMLS

1 of 21



Median Sold Price by MonthSep-09 vs. Sep-10: The median sold price is down 27%

Blairsville RealtyChad Lariscy

Time Period Median Price # Units Average DOMSep-10 164,500 36 145

Aug-10 170,000 35 107

Jul-10 145,000 31 113

Jun-10 160,000 38 135

May-10 167,500 39 110

Apr-10 185,000 41 155

Mar-10 191,812 30 135

Feb-10 185,000 25 169Jan-10 245,000 31 128

Dec-09 200,000 40 137

Nov-09 211,750 32 227

Oct-09 199,900 37 139

Sep-09 225,000 35 135



2 of 21



Sep-09 vs. Sep-10: The median price of for sale properties is down 0% and the median price of sold properties is down 27%

Blairsville Realty

Sep-09 vs. Sep-10

249,900 -0%

Chad Lariscy

249,000

Sep-10

Median For Sale vs. Median Sold

ChangeSep-09 %

-900

Sep-09 Sep-10 %

225,000 -27%

Sep-09 vs. Sep-10

164,500

Change

-60,500




Sq Ft:

Fannin


Period: All All

Property Types:

Counties:

All


3 of 21



Median For Sale vs. Median SoldSep-09 vs. Sep-10: The median price of for sale properties is down 0% and the median price of sold properties is down 27%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Sep-10 999 36249,000 164,500 -84,500

Aug-10 1,026 35248,175 170,000 -78,175

Jul-10 1,015 31245,000 145,000 -100,000

Jun-10 1,004 38249,000 160,000 -89,000

May-10 961 39249,000 167,500 -81,500

Apr-10 954 41249,900 185,000 -64,900

Mar-10 940 30249,900 191,812 -58,088

Feb-10 909 25249,900 185,000 -64,900

Jan-10 938 31249,900 245,000 -4,900

Dec-09 956 40249,900 200,000 -49,900

Nov-09 1,007 32259,900 211,750 -48,150

Oct-09 1,036 37259,450 199,900 -59,550

Sep-09 1,058 35249,900 225,000 -24,900

Clarus MarketMetrics®


2 of 2 10/09/2010

4 of 21



Sep-10

36

Sep-09

35

%

+3%

Change

1

Sep-09 vs. Sep-10: The number of Sold properties is up 3%Sold Properties by Month

Blairsville Realty

Sep-09 vs. Sep-10

Chad Lariscy




Sq Ft:

Fannin


Period: All All

Property Types:

Counties:

All


5 of 21



Sold Properties by MonthSep-09 vs. Sep-10: The number of Sold properties is up 3%


Time Period # Properties Median Price Average DOM

Sep-10 164,50036 145

Aug-10 170,00035 107

Jul-10 145,00031 113

Jun-10 160,00038 135

May-10 167,50039 110

Apr-10 185,00041 155

Mar-10 191,81230 135

Feb-10 185,00025 169Jan-10 245,00031 128

Dec-09 200,00040 137

Nov-09 211,75032 227

Oct-09 199,90037 139

Sep-09 225,00035 135

Clarus MarketMetrics® 2 of 2 10/09/2010Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

6 of 21



Sep-10

63

Sep-09

38

%

+66%

Change

25

Sep-09 vs. Sep-10: The number of Under Contract properties is up 66%Under Contract Properties by Month

Blairsville Realty

Sep-09 vs. Sep-10

Chad Lariscy




Sq Ft:

Fannin


Period: All All

Property Types:

Counties:

All


7 of 21



Under Contract Properties by MonthSep-09 vs. Sep-10: The number of Under Contract properties is up 66%


Time Period # Properties Median Price Average DOMSep-10 195,00063 174

Aug-10 169,90045 164

Jul-10 185,00043 109

Jun-10 171,20034 145

May-10 157,40036 107

Apr-10 189,00039 131

Mar-10 206,50037 120

Feb-10 229,90031 144Jan-10 221,68422 150

Dec-09 260,00031 156

Nov-09 239,00041 150

Oct-09 198,95036 213

Sep-09 184,90038 131


8 of 21



Sep-10

116

Sep-09

118

%

-2%

Change

-2

Sep-09 vs. Sep-10: The number of New properties is down 2%New Properties by Month

Blairsville Realty

Sep-09 vs. Sep-10

Chad Lariscy




Sq Ft:

Fannin


Period: All All

Property Types:

Counties:

All


9 of 21



New Properties by MonthSep-09 vs. Sep-10: The number of New properties is down 2%


Time Period # Properties Median PriceSep-10 242,000116

Aug-10 239,900125

Jul-10 219,900117

Jun-10 237,588154

May-10 199,250134

Apr-10 239,000131

Mar-10 249,000141

Feb-10 249,900108Jan-10 229,00095

Dec-09 249,90072

Nov-09 226,25084

Oct-09 279,900105

Sep-09 249,000118


10 of 21



Sep-10

999

Sep-09

1,058

%

-6%

Change

-59

Sep-09 vs. Sep-10: The number of For Sale properties is down 6%For Sale Properties by Month

Blairsville Realty

Sep-09 vs. Sep-10

Chad Lariscy




Sq Ft:

Fannin


Period: All All

Property Types:

Counties:

All


11 of 21



For Sale Properties by MonthSep-09 vs. Sep-10: The number of For Sale properties is down 6%


Time Period # Properties Median Price Average DOMSep-10 249,000999 201

Aug-10 248,1751,026 224

Jul-10 245,0001,015 243

Jun-10 249,0001,004 259

May-10 249,000961 277

Apr-10 249,900954 290

Mar-10 249,900940 307

Feb-10 249,900909 322Jan-10 249,900938 331

Dec-09 249,900956 336

Nov-09 259,9001,007 330

Oct-09 259,4501,036 329

Sep-09 249,9001,058 329


12 of 21



Sep-10

72

Sep-09

89

%

-19%

Change

-17

Sep-09 vs. Sep-10: The number of Expired properties is down 19%Expired Properties by Month

Blairsville Realty

Sep-09 vs. Sep-10

Chad Lariscy




Sq Ft:

Fannin


Period: All All

Property Types:

Counties:

All


13 of 21



Expired Properties by MonthSep-09 vs. Sep-10: The number of Expired properties is down 19%


Time Period Median Price# Properties Average DOMSep-10 261,95072 241

Aug-10 249,25098 242

Jul-10 249,90071 266

Jun-10 292,97872 261

May-10 263,90075 230

Apr-10 249,95088 237

Mar-10 269,75080 308

Feb-10 249,00079 259Jan-10 279,000115 282

Dec-09 269,00082 249

Nov-09 292,50082 229

Oct-09 265,00077 224

Sep-09 288,50089 248


14 of 21



Sep-09 vs. Sep-10: The number of for sale properties is down 6% and the number of sold properties is up 3%

Blairsville Realty

Sep-09 vs. Sep-10

1,058 -6%

Chad Lariscy

999

Sep-10

Supply & Demand by Month

ChangeSep-09 %

-59

Sep-09 Sep-10 %

35 +3%

Sep-09 vs. Sep-10

36

Change

1



Sq Ft:

Fannin


Period: All All

Property Types:

Counties:

All


15 of 21



Supply & Demand by MonthSep-09 vs. Sep-10: The number of for sale properties is down 6% and the number of sold properties is up 3%

Chad Lariscy Blairsville Realty

Time Period For SaleFor Sale SoldSold# Properties Average DOM Average DOM# Properties

Sep-10 201 145999 36

Aug-10 224 1071,026 35

Jul-10 243 1131,015 31

Jun-10 259 1351,004 38

May-10 277 110961 39

Apr-10 290 155954 41

Mar-10 307 135940 30

Feb-10 322 169909 25

Jan-10 331 128938 31

Dec-09 336 137956 40

Nov-09 330 2271,007 32

Oct-09 329 1391,036 37

Sep-09 329 1351,058 35


16 of 21

Bl i ill R ltCh d L i



Sep-10

174

Sep-09

131

%

+33%

Change

43

Sep-09 vs. Sep-10: The average days on market is up 33%The Average Days on Market by Month

Blairsville Realty

Sep-09 vs. Sep-10

Chad Lariscy



Sq Ft:

Fannin


Period: All All

Property Types:

Counties:

All


17 of 21




The Average Days on Market by MonthSep-09 vs. Sep-10: The average days on market is up 33%


Time Period # UC UnitsAverage DOM

Sep-10 63174

Aug-10 45164

Jul-10 43109

Jun-10 34145

May-10 36107

Apr-10 39131

Mar-10 37120

Feb-10 31144

Jan-10 22150

Dec-09 31156

Nov-09 41150

Oct-09 36213

Sep-09 38131


18 of 21




Sep-09 vs. Sep-10: The average months supply of inventory is down 44%

Blairsville Realty

Sep-09 vs. Sep-10

24.5 -44%

Chad Lariscy

13.7

Sep-10

Months Supply of Inventory

ChangeSep-09 %

-10.8



Sq Ft:

Fannin


Period: All All

Property Types:

Counties:

All


19 of 21




Months Supply of InventorySep-09 vs. Sep-10: The average months supply of inventory is down 44%


Time Period During MonthLast Day of Month DOMMSI# Units For Sale # UC Units UC Average

Sep-10 63 174864 13.7

Aug-10 45 164883 19.6

Jul-10 43 109901 21.0

Jun-10 34 145898 26.4

May-10 36 107850 23.6

Apr-10 39 131827 21.2

Mar-10 37 120823 22.2

Feb-10 31 144799 25.8

Jan-10 22 150801 36.4

Dec-09 31 156843 27.2

Nov-09 41 150884 21.6

Oct-09 36 213923 25.6

Sep-09 38 131931 24.5



20 of 21



10/09/2010Clarus MarketMetrics®


Chad LariscyBlairsville Realty

Market Dynamics

21 of 21

Fannin County Residential October 2010 Market Report

Documents

Transcript of Fannin County Residential October 2010 Market Report