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August Market Report

Real Estate Market Report for August, 2010

Market Statistics Visual

NEWTON COUNTY:

  • 124 days on market – this is 14 days less than in August 2009
  • Sellers received, on average, 95.7% of their list price when the home sold
  • There is 8.8 months of inventory currently on the market (6 months inventory is considered “normal”)
  • 111 homes sold in August 2010 – this is 6 less that August 2009
  • The most popular price range was $0 – $100,000
  • The average sales price was $102,962, compared to $108,580 in August 2009
  • There were 51 foreclosures – this is 3 less than August 2009

ROCKDALE COUNTY:

  • 113 days on market – this is 24 days less than in August 2009
  • Sellers received, on average, 96.5% of their list price when the home sold
  • There is an 11.5 months inventory on the market (6 months inventory is considered “normal”)
  • 60 homes sold in August 2010 – this is 15 less than in August 2009
  • The most popular price range was $0 – $100,000
  • The average sales price was $106,843, compared to $142,271 in August 2009
  • There were 34 foreclosures – this is 9 more than August 2009

If you have questions or comments about the real estate market in Newton or Rockdale Counties, please leave me a message or give me a call… 770-337-5262

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