HOUSING STATS

JANUARY 2009 & JANUARY 2010

 

RESIDENTIAL – JANUARY 2009

RESIDENTIAL – JANUARY 2010

ALL AREAS:

ALL AREAS:

956 Houses on the Market this month

862 Houses on the Market this month

40 Properties sold

40 Properties sold

168 Average days on the market

170 161

186 New listings

210 New listings

$166,850 Median Sold Price

$213,133 Median Sold Price

$216,530 Average Sold Price

$218,209 Average Sold Price

$8,661,191 Total Property Sales Sold Dollar Volume

$8,728.35 Total Property Sales Sold Dollar Volume

AUBURN:

AUBURN:

466 Houses on the Market this month

442 Houses on the Market this month

25 Properties sold

14 Properties sold

165 Average days on the market

133 Average days on the market

80 New listings

122 New listings

$184,900 Median Sold Price

$251,375 Median Sold Price

$266,883 Average Sold Price

$258,871 Average Sold Price

$6,672,085 Total Property Sales Sold Dollar Volume

$3,624,200 Total Property Sales Sold Dollar Volume

OPELIKA:

OPELIKA:

257 Houses on the Market this month

235 Houses on the Market this month

6 Properties sold

16 Properties sold

223 Average days on the market

164 Average days on the market

57 New listings

57 New listings

$163,500 Median Sold Price

$213,133 Median Sold Price

$169,984 Average Sold Price

$227,591 Average Sold Price

$1,019,906 Total Property Sales Sold Dollar Volume

$3,641,460 Total Property Sales Sold Dollar Volume

 

CONDO – JANUARY 2009

CONDO – JANUARY 2010

ALL AREAS:

ALL AREAS:

346 Condos on the Market this month

445 Condos on the Market this month

6 Properties sold

8 Properties sold

278 Average days on the market

194 Average days on the market

113 New listings

93 New listings

$125,000 Median Sold Price

$134,750 Median Sold Price

$127,667 Average Sold Price

$148,263 Average Sold Price

$766,000 Total Property Sales Sold Dollar Volume

$1,186,100 Total Property Sales Sold Dollar Volume

AUBURN:

AUBURN:

334 Condos on the Market this month

432 Condos on the Market this month

6 Properties sold

7 Properties sold

278 Average days on the market

208 Average days on the market

113 New listings

92 New listings

$125,000 Median Sold Price

$131,500 Median Sold Price

$127,667 Average Sold Price

$130,857 Average Sold Price

$766,000 Total Property Sales Sold Dollar Volume

$916,000 Total Property Sales Sold Dollar Volume

OPELIKA:

OPELIKA:

8 Condos on the Market this month

12 Condos on the Market this month

0 Properties sold

1 Properties sold

0 Average days on the market

91 Average days on the market

2 New listings

1 New listings

$0 Median Sold Price

$0 Median Sold Price

$0 Average Sold Price

$270,100 Average Sold Price

$0 Property Sales Sold Dollar Volume

$270,100 Total Property Sales Sold Dollar Volume

 

LOTS – JANUARY 2009

LOTS – JANUARY 2010

ALL AREAS:

ALL AREAS:

1116 Properties on the Market

854 Lots on the Market

12 Properties sold

4 Lots sold

252 Average days on the Market

710 Average days on the Market

48 New listings

12 New listings

$ 48,000 Median Sold Price

$ 50,000 Median Sold Price

$ 48,375 Average Sold Price

$ 33,100 Average Sold Price

$580,500 Total Property Sales Sold Dollar Volume

$ 132,400 Total Lot Sales Sold Dollar Volume

AUBURN:

AUBURN:

Not available

449 Lots on the Market this month

12 Properties sold

2 Lots sold

252 Average days on the Market

710 Average days on the Market

28 New listings

5 New listings

$48,000 Median Sold Price

$ 50,000 Median Sold Price

$48,375 Average Sold Price

$ 50,000 Average Sold Price

$580,500 Total Property Sales Sold Dollar Volume

$ 100,000 Total Lot Sales Sold Dollar Volume

OPELIKA:

OPELIKA:

Not available

181 Lots on the Market this month

0 Properties sold

0 Properties sold

0 Average days on the Market

0 Average days on the market

4 New listings

0 New listings

$ 0 Median Sold Price

$0 Median Sold Price

$ 0 Average Sold Price

$0 Average Sold Price

$ 0 Total Property Sales Sold Dollar Volume

 

Monday Mornings with Ashley -  February 22, 2010
What's happening in the real estate market for Auburn and Opelika?

My how time flies! We are already almost two months into 2010. This weekend gave us a taste of spring and the beautiful weather we get to enjoy here in Alabama. Also, there are signs that the market is ‘heating’ up too. The housing market is one of the first indicators of a return to a more stable economic environment. This being the fourth Monday of the month, I am writing my “State of the Housing Market” for Auburn and Opelika.

604HerndonStreet.info FEATURED LISTING in Opelika

The link above will take you to housing numbers for January 2010 in Auburn and Opelika. You make your own conclusions from the numbers but here are a few things I notice. The biggest positive I see in the combined numbers is the total number of houses on the market. This number is down 94 units. A balanced inventory is a step in the right direction to recovery. The number of properties that sold in January was down in Auburn from a year ago by 11 but up by 10 for Opelika. The overall average sales price has been steady with only about a $2,000 change up from a year ago.

This Thursday (2-25-2010) I will attend the Alabama RE/MX Awards!  RE/MAX continues to be a top real estate franchise nation wide!


The most encouraging numbers are not on this link but from figures I was able to pull from MLS. Since January 1, 2010 there are 61 properties in Auburn that have gone pending. This shows that buyers have been active the first part of this year. In Opelika there have been 29 properties that have gone pending since January 1, 2010. With the first time buyer’s credit coming to a close on April 30 (for having a contract), buyers are getting out there and finding a place to call home.













I wrote contracts on these two houses for first time buyers this last week.  Each are getting married and a new house all within the next three months!


I feel very positive about the real estate market for 2010.  It is a great time to buy with excellent interest rates, good inventory and extra credits available. Also, it is a good time to sell because there are more buyers in the market. Well priced and well kept homes still sell quickly in the Auburn/Opelika market. 2010 is going to be an excellent year to make your move!

Congrats to the Goodes who closed on their new house the first week of February!


 

Ashley D. Miller - 334-332-8328 - http://www.ashleydmiller.com/ - ashleymiller@remax.net



Other places to find me:
www.AshleyDMiller.com
Be my Friend on Facebook
Follow me on Twitter
Be a FAN
Linkedin
Postlets Listings
http://www.trulia.com/profile/ashleymiller/
http://www.zillow.com/profile/adm1065/
http://www.google.com/profiles/ashleymillerremax

$0 Total Lot Sales Sold Dollar Volume