Athens Real Estate Market
With a quick evaluation of homes sales in the Athens area, it’s clear that we are not seeing sales increases like some parts of the country. The Athens real estate market has improved in some areas but not so much in others. Click on the area county statistics links in this summary to see the individual reports. Clarke County sales have declined by 6% but the sales prices have remained at 2013 levels. Oconee County sales have increased by 7% and the sales prices have increased by 11%. Madison County sales have declined by 13% but the sales prices have declined by 2%. Jackson County had no change in number of sales over 2013 but a 14% increase in sales volume. Oglethorpe County also had no change over 2013 in number of sales, but a 21% incease in sales volume. Barrow County had a 21% decline in number of sales with a 5.5% increase in sales volume.
Barrow County was one of the hardest hit counties for foreclosures over the past few years so seeing the decline in the number of sales is good news, especially with an increase in the sales volume. Oglethorpe County typically has a low volume of sales so seeing the sales volume increase is a good sign. There has been some new construction in Oconee County lately, which could account for both the increased number of sales and the sales volume increase. This report shows all information available through the Athens MLS as of today, September 4, 2014.
If you have any questions about your area, contact Jerri at 706-296-4395.