Want to keep a pulse on our local market? Here are some recent numbers for Richmond County. View www.blanchardandcalhoun.com for over 5,000 homes for sale. Also view up to date property information, sold propery in your area and our oustanding agents.
We are here to give you some updated Augusta Real Estate numbers on Richmond County. The numbers will compare new homes v existing homes in Richmond County. The Data comes from the Greater Augusta Association of Realtors MLS system on August 24, 2010.
Total Active Listings: 1425
Active New Homes Existing Homes
Total (136) (1289)
$0 to $100,000 1 670
$100,001 to $150,000 30 330
$150,001 to $200,000 54 134
$200,001 to $250,000 46 41
$250,001 to $300,000 4 24
$300,001 and up 1 90
We find Richmond County having 9.5% of homes for sale in New Construction. The majority of existing homes for sale are below $150,000(77.5%)
Sold Properties/ Richmond county year to date (8-24-10)
Total Sold Properties: 988
Sold New Homes Existing Homes
Total Sold (237) (751)
$0 to $100,000 1 47
$100,001 to $150,000 40 178
$150,001 to $200,000 128 47
$200,001 to $250,000 58 26
$250,001 to $300,000 10 12
$300,001 and up 0 14
We find from our sold data 24% of closed properties are new Construction. Richmond County has a 4.3 month supply of new homes and 10.79 month supply of existing homes. The numbers are close to 2009 levels for the same time period.
Bottom line: new construction is very strong in Richmond County, the trend should remain throughout the remainder of 2010. The interest rates are STILL at historic lows and the supply homes to choose from makes this a great time to buy a home. CALL TODAY 706-722-7331