Shannon Rollings Real Estate

Augusta, GA 30901

Single-Family Homes

Real Time Market Reports



Augusta, GA 30901

Fri Dec 14 2018
This week the median list price for Augusta, GA 30901 is $44,700 with the market action index hovering around 36. This is an increase over last month's market action index of 33. Inventory has held steady at or around 22. Click here to stay informed with the Augusta market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Augusta, GA 30901

Fri Dec 14 2018
This week the median list price for Augusta, GA 30901 is $44,700 with the market action index hovering around 36. This is an increase over last month's market action index of 33. Inventory has held steady at or around 22. Click here to stay informed with the Augusta market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Augusta market.
Median List Price $44,700
Per Square Foot $38
Days on Market 101
Price Decreased 32%
Price Increased 0%
Relisted 0%
Inventory 22
Median House Rent $850
Most Expensive $379,900
Least Expensive $14,100
Market Action Index
Slight Seller's Advantage
36

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$250,000 1,987 4,500 - 6,500 sqft 3 2 28 0 1 274
$74,000 1,400 6,500 - 8,000 sqft 3 2 49 2 0 23
$34,000 1,001 6,500 - 8,000 sqft 2 1 58 1 1 49
$19,850 1,089 6,500 - 8,000 sqft 2 1 99 0 2 75