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Real Estate Market Report for September

Real Estate Market Report for September 2010

NEWTON COUNTY

  • 126 days on market – this is 2 days longer than in August
  • Sellers received, on average, 94.0% of their list price when the home sold – down from 95.7% in August

    September Market Report

  • There is 8.0 months of inventory currently on the market (6 months inventory is considered “normal”)
  • 83 homes sold in September 2010 – this is 28 fewer than sold in August
  • The most popular price range was $0 – $100,000
  • The average sale price was $94,789 – compared to $102,962 in August
  • There were 65 new foreclosures – 18 more than September 2009

ROCKDALE COUNTY

  • 155 days on market – this is 42 more than in August
  • Sellers received 93.5% of their list price when the home sold – down from 96.5% in August
  • There is an 11.3 month inventory of homes currently on the market (6 months is considered “normal”)
  • 55 homes sold in September – 5 less than in August
  • The most popular price range was $0 – $100,000
  • The average sale price was $126,333 – compared to $106,843 in August
  • There were 30 new foreclosures – 4 less than September 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

Be sure to visit my website at www.CovingtonLivingHomes.com

To keep up to date on community news, events and real estate in Covington, Georgia and the surrounding area, subscribe to my blog, CovingtonLivingToday.com

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