AUGUSTA MLS

DECEMBER 2013
DECEMBER 2013

$151,725

DECEMBER 2012

MEDIAN SALES PRICE

$153,000

1%

$180,000

$151,725

$160,000
$140,000
$120,000
$100,000
$80,000
$60,000
$40,000
$20,000
$0

The Median Price for all homes sold in December was $151,725, which was no
change from the median price in November and 1% lower than the price in
December 2012.

AUGUSTA MLS

DECEMBER 2013
DECEMBER 2013

432

DECEMBER 2012

CLOSED TRANSACTIONS

407

6%

600
500

432

400
300
200
100
0

The Market Trend Report for December showed a 19% increase in the number of
Closed Transactions over November and an 6% increase over sales in December
2012.

AUGUSTA MLS

DECEMBER 2013
DECEMBER 2013

162

DECEMBER 2012

DAYS ON THE MARKET

174

180
175
170
165
160
155
150
145
140
135
130

7%

162

The average Days on the Market for all homes sold in December was 162. This is
16 days more than the average in November and 12 days less than the average
in December 2012.

AUGUSTA MLS

DECEMBER 2013
DECEMBER 2013

9.9

DECEMBER 2012

10.8

MONTHS SUPPLY OF
INVENTORY

8%

12.0
10.0
8.0

9.9

6.0
4.0
2.0
0.0

The number of Months Supply of Inventory at the end of December was 9.9 which is
an 11% increase from November and an 8% decrease from December 2012.

AUGUSTA MLS

DECEMBER 2013
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).

Augusta Market Trend Report December 2013

  • 1.
  • 2.
    DECEMBER 2013 $151,725 DECEMBER 2012 MEDIANSALES PRICE $153,000 1% $180,000 $151,725 $160,000 $140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 $0 The Median Price for all homes sold in December was $151,725, which was no change from the median price in November and 1% lower than the price in December 2012. AUGUSTA MLS DECEMBER 2013
  • 3.
    DECEMBER 2013 432 DECEMBER 2012 CLOSEDTRANSACTIONS 407 6% 600 500 432 400 300 200 100 0 The Market Trend Report for December showed a 19% increase in the number of Closed Transactions over November and an 6% increase over sales in December 2012. AUGUSTA MLS DECEMBER 2013
  • 4.
    DECEMBER 2013 162 DECEMBER 2012 DAYSON THE MARKET 174 180 175 170 165 160 155 150 145 140 135 130 7% 162 The average Days on the Market for all homes sold in December was 162. This is 16 days more than the average in November and 12 days less than the average in December 2012. AUGUSTA MLS DECEMBER 2013
  • 5.
    DECEMBER 2013 9.9 DECEMBER 2012 10.8 MONTHSSUPPLY OF INVENTORY 8% 12.0 10.0 8.0 9.9 6.0 4.0 2.0 0.0 The number of Months Supply of Inventory at the end of December was 9.9 which is an 11% increase from November and an 8% decrease from December 2012. AUGUSTA MLS DECEMBER 2013
  • 6.
    Description The Market TrendReport 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).