Union County Residential September 2010 Market Report

8/8/2019 Union County Residential September 2010 Market Report

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Aug-10

144,500

Aug-09

137,000

%

+5%

Change

7,500

Aug-09 vs. Aug-10: The median sold price is up 5%Median Sold Price by Month

Blairsville Realty

Aug-09 vs. Aug-10

Chad Lariscy

Clarus MarketMetrics 1 of 2 09/09/2010

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

AllBathrooms:MLS: AllAll

Sq Ft:

Union

Residential: (Single Family Residential Detached)

Period: All All

Property Types:

Counties:

All

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

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2/21

Median Sold Price by MonthAug-09 vs. Aug-10: The median sold price is up 5%

Blairsville RealtyChad Lariscy

Time Period Median Price # Units Average DOMAug-10 144,500 35 178

Jul-10 149,000 31 224

Jun-10 141,750 20 203

May-10 138,000 31 138

Apr-10 138,500 18 173

Mar-10 153,500 32 177

Feb-10 136,975 20 100

Jan-10 152,500 20 199Dec-09 181,000 26 163

Nov-09 153,250 32 167

Oct-09 158,500 29 184

Sep-09 160,000 28 204

Aug-09 137,000 42 205



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3/21

Aug-09 vs. Aug-10: The median price of for sale properties is down 5% and the median price of sold properties is up 5%

Blairsville Realty

Aug-09 vs. Aug-10

200,000 -5%

Chad Lariscy

189,900

Aug-10

Median For Sale vs. Median Sold

ChangeAug-09 %

-10,100

Aug-09 Aug-10 %

137,000 +5%

Aug-09 vs. Aug-10

144,500

Change

7,500




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


3 of 21


4/21

Median For Sale vs. Median SoldAug-09 vs. Aug-10: The median price of for sale properties is down 5% and the median price of sold properties is up 5%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Aug-10 764 35189,900 144,500 -45,400

Jul-10 785 31189,900 149,000 -40,900

Jun-10 762 20189,900 141,750 -48,150

May-10 742 31189,650 138,000 -51,650

Apr-10 730 18189,800 138,500 -51,300

Mar-10 739 32189,000 153,500 -35,500

Feb-10 702 20192,750 136,975 -55,775

Jan-10 772 20190,450 152,500 -37,950

Dec-09 778 26199,000 181,000 -18,000

Nov-09 809 32199,900 153,250 -46,650

Oct-09 842 29199,900 158,500 -41,400

Sep-09 842 28199,900 160,000 -39,900

Aug-09 869 42200,000 137,000 -63,000

Clarus MarketMetrics


2 of 2 09/09/2010

4 of 21


5/21


6/21

Sold Properties by MonthAug-09 vs. Aug-10: The number of Sold properties is down 17%


Time Period # Properties Median Price Average DOM

Aug-10 144,50035 178

Jul-10 149,00031 224

Jun-10 141,75020 203

May-10 138,00031 138

Apr-10 138,50018 173

Mar-10 153,50032 177

Feb-10 136,97520 100

Jan-10 152,50020 199Dec-09 181,00026 163

Nov-09 153,25032 167

Oct-09 158,50029 184

Sep-09 160,00028 204

Aug-09 137,00042 205

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

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7/21

Aug-10

38

Aug-09

43

%

-12%

Change

-5

Aug-09 vs. Aug-10: The number of Under Contract properties is down 12%Under Contract Properties by Month

Blairsville Realty

Aug-09 vs. Aug-10

Chad Lariscy




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


7 of 21


8/21

Under Contract Properties by MonthAug-09 vs. Aug-10: The number of Under Contract properties is down 12%


Time Period # Properties Median Price Average DOMAug-10 123,40038 204

Jul-10 160,00027 160

Jun-10 155,00032 210

May-10 149,90021 152

Apr-10 149,90029 160

Mar-10 147,50030 143

Feb-10 169,50019 175

Jan-10 152,45024 176Dec-09 169,70022 175

Nov-09 207,45026 202

Oct-09 169,90032 159

Sep-09 164,90031 173

Aug-09 169,90043 210


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9/21

Aug-10

68

Aug-09

80

%

-15%

Change

-12

Aug-09 vs. Aug-10: The number of New properties is down 15%New Properties by Month

Blairsville Realty

Aug-09 vs. Aug-10

Chad Lariscy




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


9 of 21


10/21

New Properties by MonthAug-09 vs. Aug-10: The number of New properties is down 15%


Time Period # Properties Median PriceAug-10 175,00068

Jul-10 197,45098

Jun-10 174,50085

May-10 175,00079

Apr-10 199,50083

Mar-10 169,90099

Feb-10 172,00059

Jan-10 162,50082Dec-09 169,70059

Nov-09 179,90054

Oct-09 167,87576

Sep-09 179,90080

Aug-09 198,00080


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11/21

Aug-10

764

Aug-09

869

%

-12%

Change

-105

Aug-09 vs. Aug-10: The number of For Sale properties is down 12%For Sale Properties by Month

Blairsville Realty

Aug-09 vs. Aug-10

Chad Lariscy




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


11 of 21


12/21

For Sale Properties by MonthAug-09 vs. Aug-10: The number of For Sale properties is down 12%


Time Period # Properties Median Price Average DOMAug-10 189,900764 248

Jul-10 189,900785 268

Jun-10 189,900762 292

May-10 189,650742 314

Apr-10 189,800730 330

Mar-10 189,000739 343

Feb-10 192,750702 365

Jan-10 190,450772 368Dec-09 199,000778 376

Nov-09 199,900809 376

Oct-09 199,900842 373

Sep-09 199,900842 378

Aug-09 200,000869 373


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13/21

Aug-10

69

Aug-09

64

%

+8%

Change

5

Aug-09 vs. Aug-10: The number of Expired properties is up 8%Expired Properties by Month

Blairsville Realty

Aug-09 vs. Aug-10

Chad Lariscy




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


13 of 21


14/21

Expired Properties by MonthAug-09 vs. Aug-10: The number of Expired properties is up 8%


Time Period Median Price# Properties Average DOMAug-10 199,90069 315

Jul-10 199,95062 292

Jun-10 199,90043 252

May-10 172,50044 307

Apr-10 194,65038 292

Mar-10 212,75062 300

Feb-10 225,00043 318

Jan-10 169,000105 302Dec-09 231,95066 276

Nov-09 229,95064 257

Oct-09 199,90055 268

Sep-09 237,50045 285

Aug-09 229,90064 231


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15/21

Aug-09 vs. Aug-10: The number of for sale properties is down 12% and the number of sold properties is down 17%

Blairsville Realty

Aug-09 vs. Aug-10

869 -12%

Chad Lariscy

764

Aug-10

Supply & Demand by Month

ChangeAug-09 %

-105

Aug-09 Aug-10 %

42 -17%

Aug-09 vs. Aug-10

35

Change

-7



Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


15 of 21


16/21

Supply & Demand by MonthAug-09 vs. Aug-10: The number of for sale properties is down 12% and the number of sold properties is down 17%

Chad Lariscy Blairsville Realty

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

Aug-10 248 178764 35

Jul-10 268 224785 31

Jun-10 292 203762 20

May-10 314 138742 31

Apr-10 330 173730 18

Mar-10 343 177739 32

Feb-10 365 100702 20

Jan-10 368 199772 20

Dec-09 376 163778 26

Nov-09 376 167809 32

Oct-09 373 184842 29

Sep-09 378 204842 28

Aug-09 373 205869 42


16 of 21

Bl i ill R ltCh d L i


17/21

Aug-10

204

Aug-09

210

%

-3%

Change

-6

Aug-09 vs. Aug-10: The average days on market is down 3%The Average Days on Market by Month

Blairsville Realty

Aug-09 vs. Aug-10

Chad Lariscy



Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


17 of 21



18/21

The Average Days on Market by MonthAug-09 vs. Aug-10: The average days on market is down 3%


Time Period # UC UnitsAverage DOM

Aug-10 38204

Jul-10 27160

Jun-10 32210

May-10 21152

Apr-10 29160

Mar-10 30143

Feb-10 19175

Jan-10 24176

Dec-09 22175

Nov-09 26202

Oct-09 32159

Sep-09 31173

Aug-09 43210


18 of 21



19/21

Aug-09 vs. Aug-10: The average months supply of inventory is down 2%

Blairsville Realty

Aug-09 vs. Aug-10

17.7 -2%

Chad Lariscy

17.3

Aug-10

Months Supply of Inventory

ChangeAug-09 %

-0.4



Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


19 of 21



20/21

Months Supply of InventoryAug-09 vs. Aug-10: The average months supply of inventory is down 2%


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

Aug-10 38 204657 17.3

Jul-10 27 160696 25.8

Jun-10 32 210687 21.5

May-10 21 152677 32.2

Apr-10 29 160663 22.9

Mar-10 30 143647 21.6

Feb-10 19 175640 33.7

Jan-10 24 176643 26.8

Dec-09 22 175690 31.4

Nov-09 26 202719 27.7

Oct-09 32 159755 23.6

Sep-09 31 173766 24.7

Aug-09 43 210762 17.7



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09/09/2010Clarus MarketMetrics


Chad LariscyBlairsville Realty

Market Dynamics

21 of 21

Union County Residential September 2010 Market Report

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