2. MEDIAN SALES PRICE
AUGUSTA MLS
The Median Price for all homes sold in June was $167,021, which was 7% higher than the
median price in May and 11% higher than the price in June 2013.
JUNE 2014
JUNE 2013
$167,021
$150,000
11%
JUNE 2014
$167,021
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
3. CLOSED TRANSACTIONS
AUGUSTA MLS
The Market Trend Report for June showed a 13% increase in the number of Closed
Transactions over May and 3% increase over sales in June 2013.
587
568
3%
JUNE 2014
JUNE 2013
JUNE 2014
587
0
100
200
300
400
500
600
700
4. DAYS ON THE MARKET
AUGUSTA MLS
The average Days on the Market for all homes sold in June was 149. This is 11 days less
than the average in May and 18 days less than the average in June 2013.
11%
149
167
JUNE 2014
JUNE 2013
JUNE 2014
149
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 June was 6.0 which is a 9%
increase from May and a 26% decrease from June 2013.
6.0
8.1
26%
JUNE 2014
JUNE 2013
JUNE 2014
6
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).
