Union County Residential Real Estate Market Report - February 2011

8/7/2019 Union County Residential Real Estate Market Report - February 2011

1/20

Jan-11

144,900

Jan-10

152,500

%

-5%

Change

-7,600

Jan-10 vs. Jan-11: The median sold price is down 5%Median Sold Price by Month

Blairsville Realty

Jan-10 vs. Jan-11

Chad Lariscy

Clarus MarketMetrics 1 of 2 02/07/2011

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

1 of 20


2/20

Median Sold Price by MonthJan-10 vs. Jan-11: The median sold price is down 5%

Blairsville RealtyChad Lariscy

Time Period Median Price # Units Average DOMJan-11 144,900 15 172

Dec-10 140,000 33 144

Nov-10 140,000 41 184

Oct-10 132,500 33 207

Sep-10 105,000 31 208

Aug-10 144,500 37 172

Jul-10 149,000 31 224

Jun-10 141,750 20 203May-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 20 199



2 of 20


3/20

Jan-10 vs. Jan-11: The median price of for sale properties is down 3% and the median price of sold properties is down 5%

Blairsville Realty

Jan-10 vs. Jan-11

189,900 -3%

Chad Lariscy

185,000

Jan-11

Median For Sale vs. Median Sold

ChangeJan-10 %

-4,900

Jan-10 Jan-11 %

152,500 -5%

Jan-10 vs. Jan-11

144,900

Change

-7,600




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


3 of 20


4/20

Median For Sale vs. Median SoldJan-10 vs. Jan-11: The median price of for sale properties is down 3% and the median price of sold properties is down 5%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Jan-11 577 15185,000 144,900 -40,100

Dec-10 633 33189,000 140,000 -49,000

Nov-10 669 41189,900 140,000 -49,900

Oct-10 745 33189,900 132,500 -57,400

Sep-10 749 31189,000 105,000 -84,000

Aug-10 783 37189,000 144,500 -44,500

Jul-10 800 31189,000 149,000 -40,000

Jun-10 774 20189,000 141,750 -47,250

May-10 754 31189,000 138,000 -51,000

Apr-10 742 18189,000 138,500 -50,500

Mar-10 750 32188,000 153,500 -34,500

Feb-10 711 20189,900 136,975 -52,925

Jan-10 777 20189,900 152,500 -37,400

Clarus MarketMetrics


2 of 2 02/07/2011

4 of 20


5/20

Jan-11

15

Jan-10

20

%

-25%

Change

-5

Jan-10 vs. Jan-11: The number of Sold properties is down 25%Sold Properties by Month

Blairsville Realty

Jan-10 vs. Jan-11

Chad Lariscy




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


5 of 20


6/20

Sold Properties by MonthJan-10 vs. Jan-11: The number of Sold properties is down 25%


Time Period # Properties Median Price Average DOM

Jan-11 144,90015 172

Dec-10 140,00033 144

Nov-10 140,00041 184

Oct-10 132,50033 207

Sep-10 105,00031 208

Aug-10 144,50037 172

Jul-10 149,00031 224

Jun-10 141,75020 203May-10 138,00031 138

Apr-10 138,50018 173

Mar-10 153,50032 177

Feb-10 136,97520 100

Jan-10 152,50020 199

Clarus MarketMetrics 2 of 2 02/07/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

6 of 20


7/20

Jan-11

43

Jan-10

24

%

+79%

Change

19

Jan-10 vs. Jan-11: The number of Under Contract properties is up 79%Under Contract Properties by Month

Blairsville Realty

Jan-10 vs. Jan-11

Chad Lariscy




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


7 of 20


8/20

Under Contract Properties by MonthJan-10 vs. Jan-11: The number of Under Contract properties is up 79%


Time Period # Properties Median Price Average DOMJan-11 139,90043 161

Dec-10 159,00019 146

Nov-10 144,90027 151

Oct-10 159,45048 217

Sep-10 132,45034 180

Aug-10 126,90037 213

Jul-10 160,00027 160

Jun-10 158,00031 217May-10 149,90021 152

Apr-10 149,90029 160

Mar-10 147,50030 143

Feb-10 169,50019 175

Jan-10 152,45024 176


8 of 20


9/20

Jan-11

52

Jan-10

83

%

-37%

Change

-31

Jan-10 vs. Jan-11: The number of New properties is down 37%New Properties by Month

Blairsville Realty

Jan-10 vs. Jan-11

Chad Lariscy




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


9 of 20


10/20

New Properties by MonthJan-10 vs. Jan-11: The number of New properties is down 37%


Time Period # Properties Median PriceJan-11 169,50052

Dec-10 139,90043

Nov-10 169,90045

Oct-10 175,00073

Sep-10 175,00063

Aug-10 175,00070

Jul-10 197,45098

Jun-10 164,89484May-10 169,00079

Apr-10 199,50083

Mar-10 169,00099

Feb-10 174,70061

Jan-10 165,00083


10 of 20


11/20

Jan-11

577

Jan-10

777

%

-26%

Change

-200

Jan-10 vs. Jan-11: The number of For Sale properties is down 26%For Sale Properties by Month

Blairsville Realty

Jan-10 vs. Jan-11

Chad Lariscy




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


11 of 20


12/20

For Sale Properties by MonthJan-10 vs. Jan-11: The number of For Sale properties is down 26%


Time Period # Properties Median Price Average DOMJan-11 185,000577 282

Dec-10 189,000633 301

Nov-10 189,900669 310

Oct-10 189,900745 318

Sep-10 189,000749 330

Aug-10 189,000783 341

Jul-10 189,000800 350

Jun-10 189,000774 364May-10 189,000754 378

Apr-10 189,000742 387

Mar-10 188,000750 391

Feb-10 189,900711 408

Jan-10 189,900777 405


12 of 20


13/20

Jan-11

53

Jan-10

103

%

-49%

Change

-50

Jan-10 vs. Jan-11: The number of Expired properties is down 49%Expired Properties by Month

Blairsville Realty

Jan-10 vs. Jan-11

Chad Lariscy




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


13 of 20


14/20

Expired Properties by MonthJan-10 vs. Jan-11: The number of Expired properties is down 49%


Time Period Median Price# Properties Average DOMJan-11 215,00053 312

Dec-10 207,00089 297

Nov-10 224,95052 277

Oct-10 199,99973 300

Sep-10 174,00043 275

Aug-10 199,95060 302

Jul-10 199,45060 296

Jun-10 199,90041 256May-10 170,00043 311

Apr-10 194,65038 292

Mar-10 212,00061 288

Feb-10 219,90041 286

Jan-10 169,900103 305


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15/20

Jan-10 vs. Jan-11: The number of for sale properties is down 26% and the number of sold properties is down 25%

Blairsville Realty

Jan-10 vs. Jan-11

777 -26%

Chad Lariscy

577

Jan-11

Supply & Demand by Month

ChangeJan-10 %

-200

Jan-10 Jan-11 %

20 -25%

Jan-10 vs. Jan-11

15

Change

-5



Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


15 of 20


16/20

Supply & Demand by MonthJan-10 vs. Jan-11: The number of for sale properties is down 26% and the number of sold properties is down 25%

Chad Lariscy Blairsville Realty

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

Jan-11 282 172577 15

Dec-10 301 144633 33

Nov-10 310 184669 41

Oct-10 318 207745 33

Sep-10 330 208749 31

Aug-10 341 172783 37

Jul-10 350 224800 31

Jun-10 364 203774 20

May-10 378 138754 31

Apr-10 387 173742 18

Mar-10 391 177750 32

Feb-10 408 100711 20

Jan-10 405 199777 20


16 of 20

Bl i ill R ltCh d L i


17/20

Jan-11

161

Jan-10

176

%

-8%

Change

-15

Jan-10 vs. Jan-11: The average days on market is down 8%The Average Days on Market by Month

Blairsville Realty

Jan-10 vs. Jan-11

Chad Lariscy



Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


17 of 20



18/20

The Average Days on Market by MonthJan-10 vs. Jan-11: The average days on market is down 8%


Time Period # UC UnitsAverage DOM

Jan-11 43161

Dec-10 19146

Nov-10 27151

Oct-10 48217

Sep-10 34180

Aug-10 37213

Jul-10 27160

Jun-10 31217

May-10 21152

Apr-10 29160

Mar-10 30143

Feb-10 19175

Jan-10 24176


18 of 20



19/20

Jan-10 vs. Jan-11: The average months supply of inventory is down 59%

Blairsville Realty

Jan-10 vs. Jan-11

27.1 -59%

Chad Lariscy

11.2

Jan-11

Months Supply of Inventory

ChangeJan-10 %

-15.9



Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


19 of 20



20/20

Months Supply of InventoryJan-10 vs. Jan-11: The average months supply of inventory is down 59%


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

Jan-11 43 161481 11.2

Dec-10 19 146525 27.6

Nov-10 27 151590 21.9

Oct-10 48 217624 13.0

Sep-10 34 180672 19.8

Aug-10 37 213686 18.5

Jul-10 27 160713 26.4

Jun-10 31 217702 22.6

May-10 21 152690 32.9

Apr-10 29 160675 23.3

Mar-10 30 143659 22.0

Feb-10 19 175651 34.3

Jan-10 24 176650 27.1



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Documents

Union County Residential Real Estate Market Report - February 2011