1. AUGUSTA MLS FEBRUARY 2014

2. MEDIAN SALES PRICE
AUGUSTA MLS
The Median Price for all homes sold in January was $148,350, which was 9% higher
than the median price in January and 10% higher than the price in February 2013.
FEBRUARY 2014
FEBRUARY 2013
$148,350
$134,875
10%
FEBRUARY 2014
$148,350
$120,000
$125,000
$130,000
$135,000
$140,000
$145,000
$150,000
$155,000
$160,000
$165,000

3. CLOSED TRANSACTIONS
AUGUSTA MLS
The Market Trend Report for January showed a 4% increase in the number of
Closed Transactions over January and 11% decrease over sales in February 2013.
343
385
11%
FEBRUARY 2014
FEBRUARY 2013
FEBRUARY 2014
343
0
100
200
300
400
500
600

4. DAYS ON THE MARKET
AUGUSTA MLS
The average Days on the Market for all homes sold in January was 167. This is 2
days less than the average in January and 5 days less than the average in
February 2013.
3%
167
172
FEBRUARY 2014
FEBRUARY 2013
FEBRUARY 2014
167
130
135
140
145
150
155
160
165
170
175

5. MONTHS SUPPLY OF
INVENTORY
AUGUSTA MLS
The number of Months Supply of Inventory at the end of January was 7.1 which is a
9% decrease from January and a 9% decrease from February 2013.
7.1
7.8
9%
FEBRUARY 2014
FEBRUARY 2013
FEBRUARY 2014
7.1
0.0
2.0
4.0
6.0
8.0
10.0
12.0

6. Description
The Market Trend Report is distributed each month on or about the 15th.
The Report is based on data provided by Terradatum from the local
Augusta Multiple Listing Service and is not annualized. While MLS and
Terradatum data are believed to be accurate, it cannot be
guaranteed. MLS data is constantly being updated, making any analysis
a snapshot at a particular time. Data for prior periods is not being
recalculated for this report.
Definitions
Median Sales Price is the median price of all residential properties sold
during the month. Closed Transactions are the number of residential
transactions closed during the given month. Days on the Market is the
number of days that pass from the time a property is listed until the
property goes under contract for all residential properties sold during the
month. Months Supply of Inventory is the total number of residential
properties listed for sale at the end of the month (active inventory)
divided by the number of sales contracts signed (pended) during the
month).