June 2009 residential real estate sales volume in Watkinsville, GA showed a another decline in the 12 month sliding sales volume continuing a 16 month trend.
Annual volume fell by just under 4% in June, lower than the decrease of the previous two months. The average Days on Market (D.O.M.) remained virtually flat and both average and median prices fell with both falling to their lowest levels in over a year. The average and median price falling could be due to the affect of the $8000 tax credit bringing more first time home buyers into the market for the lower priced homes as well as the fact that almost half the sales in Watkinsville have been foreclosures and short sales.
At the end of June there were 41 pending sales of residential property in Watkinsville, the same number as at the end of May. Residential properties include single family homes, duplexes, triplexes, condos, townhouses, mobile and manufactured homes.
The following table shows the sliding 12 month residential sales volume in Watkinsville over the last 12 months:
| Watkinsville | ||||||
| Date | DOM | Average | Median | # sold | ||
| 1-Jul-08 | 183 | $329,444.00 | $285,050.00 | 250 | ||
| 1-Aug-08 | 192 | $336,554.00 | $290,265.00 | 233 | ||
| 1-Sep-08 | 195 | $339,421.00 | $298,000.00 | 212 | ||
| 1-Oct-08 | 197 | $334,449.00 | $287,300.00 | 214 | ||
| 1-Nov-08 | 197 | $332,449.00 | $280,000.00 | 203 | ||
| 1-Dec-08 | 197 | $331,078.00 | $272,500.00 | 199 | ||
| 1-Jan-09 | 194 | $334,024.00 | $280,000.00 | 192 | ||
| 1-Feb-09 | 189 | $336,007.00 | $277,500.00 | 187 | ||
| 1-Mar-09 | 190 | $337,712.00 | $291,950.00 | 180 | ||
| 1-Apr-09 | 190 | $332,343.00 | $287,250.00 | 176 | ||
| 1-May-09 | 183 | $336,594.00 | $294,000.00 | 169 | ||
| 1-Jun-09 | 191 | $328,256.00 | $277,500.00 | 157 | ||
| 1-Jul-09 | 190 | $322,206.00 | $265,000.00 | 151 |
If you would like more information on Watkinsville, GA, or you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Watkinsville please visit my The Athens Real Estate Page website.
