Saturday, January 9, 2010

Augusta Market Update

Average price per square foot for Augusta GA was $63, a decrease of 13.7% compared to the same period last year. The median sales price for homes in Augusta GA for Sep 09 to Nov 09 was $91,386 based on 383 home sales. Compared to the same period one year ago, the median home sales price increased 1.5%, or $1,386, and the number of home sales increased 14.7%.

There are currently 1,096 resale and new homes in Augusta, including 506 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Augusta GA was $146,500 for the week ending Dec 30, which represents an increase of 1.5%, or $2,146, compared to the prior week. Popular neighborhoods in Augusta include Summerville and Belair, with average listing prices of $332,801 and $172,653.

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