Union County Vacant Lot October 2010 Market Report

8/8/2019 Union County Vacant Lot October 2010 Market Report

1/21

Sep-10

15,500

Sep-09

20,000

%

-22%

Change

-4,500

Sep-09 vs. Sep-10: The median sold price is down 22%Median Sold Price by Month

Blairsville Realty

Sep-09 vs. Sep-10

Chad Lariscy

Clarus MarketMetrics 1 of 2 10/09/2010

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

AllBathrooms:MLS: AllAll

Sq Ft:

Union

Lots/Land: (Vacant Lot, River Access Lot, Subdivision Being Developed, Lake Front Lot, Lake Access Lot, Mobile Home Lot)

Period: All All

Property Types:

Counties:

All

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

1 of 21


2/21

Median Sold Price by MonthSep-09 vs. Sep-10: The median sold price is down 22%

Blairsville RealtyChad Lariscy

Time Period Median Price # Units Average DOMSep-10 15,500 7 469

Aug-10 23,250 16 388

Jul-10 20,000 5 268

Jun-10 25,000 7 159

May-10 28,000 12 472

Apr-10 39,750 11 462

Mar-10 23,000 3 372

Feb-10 23,000 7 596Jan-10 25,000 8 364

Dec-09 20,000 9 458

Nov-09 23,500 14 358

Oct-09 26,500 14 216

Sep-09 20,000 7 194



2 of 21


3/21

Sep-09 vs. Sep-10: The median price of for sale properties is down 12% and the median price of sold properties is down 22%

Blairsville Realty

Sep-09 vs. Sep-10

49,900 -12%

Chad Lariscy

44,000

Sep-10

Median For Sale vs. Median Sold

ChangeSep-09 %

-5,900

Sep-09 Sep-10 %

20,000 -22%

Sep-09 vs. Sep-10

15,500

Change

-4,500




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


3 of 21


4/21

Median For Sale vs. Median SoldSep-09 vs. Sep-10: The median price of for sale properties is down 12% and the median price of sold properties is down 22%


Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Sep-10 1,299 744,000 15,500 -28,500

Aug-10 1,320 1644,900 23,250 -21,650

Jul-10 1,424 545,000 20,000 -25,000

Jun-10 1,517 745,000 25,000 -20,000

May-10 1,510 1245,000 28,000 -17,000

Apr-10 1,468 1149,000 39,750 -9,250

Mar-10 1,444 349,000 23,000 -26,000

Feb-10 1,434 749,500 23,000 -26,500

Jan-10 1,581 849,900 25,000 -24,900

Dec-09 1,544 949,900 20,000 -29,900

Nov-09 1,602 1449,900 23,500 -26,400

Oct-09 1,652 1449,900 26,500 -23,400

Sep-09 1,547 749,900 20,000 -29,900

Clarus MarketMetrics


2 of 2 10/09/2010

4 of 21


5/21

Sep-10

7

Sep-09

7

%

0%

Change

0

Sep-09 vs. Sep-10: The number of Sold properties has not changedSold Properties by Month

Blairsville Realty

Sep-09 vs. Sep-10

Chad Lariscy




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


5 of 21


6/21


7/21

Sep-10

10

Sep-09

6

%

+67%

Change

4

Sep-09 vs. Sep-10: The number of Under Contract properties is up 67%Under Contract Properties by Month

Blairsville Realty

Sep-09 vs. Sep-10

Chad Lariscy




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


7 of 21


8/21

Under Contract Properties by MonthSep-09 vs. Sep-10: The number of Under Contract properties is up 67%


Time Period # Properties Median Price Average DOMSep-10 32,25010 327

Aug-10 27,49812 479

Jul-10 30,50013 248

Jun-10 39,00011 176

May-10 48,5004 573

Apr-10 42,45014 464

Mar-10 29,9007 328

Feb-10 41,4004 300Jan-10 35,4508 597

Dec-09 24,90012 522

Nov-09 31,95012 321

Oct-09 32,90015 263

Sep-09 29,5006 170

Clarus MarketMetrics 2 of 2 10/09/2010Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

8 of 21


9/21

Sep-10

43

Sep-09

26

%

+65%

Change

17

Sep-09 vs. Sep-10: The number of New properties is up 65%New Properties by Month

Blairsville Realty

Sep-09 vs. Sep-10

Chad Lariscy




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


9 of 21


10/21

New Properties by MonthSep-09 vs. Sep-10: The number of New properties is up 65%


Time Period # Properties Median PriceSep-10 30,00043

Aug-10 39,99579

Jul-10 39,24838

Jun-10 39,00066

May-10 39,900115

Apr-10 39,00077

Mar-10 39,99573

Feb-10 42,45014Jan-10 30,000101

Dec-09 39,45040

Nov-09 29,90079

Oct-09 55,000185

Sep-09 49,90026


10 of 21


11/21

Sep-10

1,299

Sep-09

1,547

%

-16%

Change

-248

Sep-09 vs. Sep-10: The number of For Sale properties is down 16%For Sale Properties by Month

Blairsville Realty

Sep-09 vs. Sep-10

Chad Lariscy




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


11 of 21


12/21

For Sale Properties by MonthSep-09 vs. Sep-10: The number of For Sale properties is down 16%


Time Period # Properties Median Price Average DOMSep-10 44,0001,299 483

Aug-10 44,9001,320 498

Jul-10 45,0001,424 518

Jun-10 45,0001,517 523

May-10 45,0001,510 544

Apr-10 49,0001,468 567

Mar-10 49,0001,444 581

Feb-10 49,5001,434 596Jan-10 49,9001,581 597

Dec-09 49,9001,544 614

Nov-09 49,9001,602 607

Oct-09 49,9001,652 600

Sep-09 49,9001,547 633


12 of 21


13/21

Sep-10

67

Sep-09

74

%

-9%

Change

-7

Sep-09 vs. Sep-10: The number of Expired properties is down 9%Expired Properties by Month

Blairsville Realty

Sep-09 vs. Sep-10

Chad Lariscy




Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


13 of 21


14/21

Expired Properties by MonthSep-09 vs. Sep-10: The number of Expired properties is down 9%


Time Period Median Price# Properties Average DOMSep-10 35,00067 530

Aug-10 49,25052 485

Jul-10 50,700170 477

Jun-10 42,900120 470

May-10 89,90055 610

Apr-10 55,00059 339

Mar-10 39,45046 371

Feb-10 49,90059 410Jan-10 75,000153 572

Dec-09 50,70052 378

Nov-09 56,95086 362

Oct-09 44,900114 318

Sep-09 29,90074 604


14 of 21


15/21

Sep-09 vs. Sep-10: The number of for sale properties is down 16% and the number of sold properties has not changed

Blairsville Realty

Sep-09 vs. Sep-10

1,547 -16%

Chad Lariscy

1,299

Sep-10

Supply & Demand by Month

ChangeSep-09 %

-248

Sep-09 Sep-10 %

7 0%

Sep-09 vs. Sep-10

7

Change

0



Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


15 of 21


16/21

Supply & Demand by MonthSep-09 vs. Sep-10: The number of for sale properties is down 16% and the number of sold properties has not changed

Chad Lariscy Blairsville Realty

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

Sep-10 483 4691,299 7

Aug-10 498 3881,320 16

Jul-10 518 2681,424 5

Jun-10 523 1591,517 7

May-10 544 4721,510 12

Apr-10 567 4621,468 11

Mar-10 581 3721,444 3

Feb-10 596 5961,434 7

Jan-10 597 3641,581 8

Dec-09 614 4581,544 9

Nov-09 607 3581,602 14

Oct-09 600 2161,652 14

Sep-09 633 1941,547 7


16 of 21

Bl i ill R ltCh d L i


17/21

Sep-10

327

Sep-09

170

%

+93%

Change

157

Sep-09 vs. Sep-10: The average days on market is up 93%The Average Days on Market by Month

Blairsville Realty

Sep-09 vs. Sep-10

Chad Lariscy



Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


17 of 21



18/21

The Average Days on Market by MonthSep-09 vs. Sep-10: The average days on market is up 93%


Time Period # UC UnitsAverage DOM

Sep-10 10327

Aug-10 12479

Jul-10 13248

Jun-10 11176

May-10 4573

Apr-10 14464

Mar-10 7328

Feb-10 4300

Jan-10 8597

Dec-09 12522

Nov-09 12321

Oct-09 15263

Sep-09 6170


18 of 21



19/21

Sep-09 vs. Sep-10: The average months supply of inventory is down 50%

Blairsville Realty

Sep-09 vs. Sep-10

244.5 -50%

Chad Lariscy

122.2

Sep-10

Months Supply of Inventory

ChangeSep-09 %

-122.3



Sq Ft:

Union


Period: All All

Property Types:

Counties:

All


19 of 21



20/21

Months Supply of InventorySep-09 vs. Sep-10: The average months supply of inventory is down 50%


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

Sep-10 10 3271,222 122.2

Aug-10 12 4791,256 104.7

Jul-10 13 2481,241 95.5

Jun-10 11 1761,386 126.0

May-10 4 5731,451 362.8

Apr-10 14 4641,395 99.6

Mar-10 7 3281,391 198.7

Feb-10 4 3001,371 342.8

Jan-10 8 5971,420 177.5

Dec-09 12 5221,480 123.3

Nov-09 12 3211,504 125.3

Oct-09 15 2631,523 101.5

Sep-09 6 1701,467 244.5



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21/21

10/09/2010Clarus MarketMetrics


Chad LariscyBlairsville Realty

Market Dynamics

21 of 21

Documents

Union County Vacant Lot October 2010 Market Report