April 2022 Absorption Rates

Page 1

Absorption Rates April 2022 COLUMBIA COUNTY NEW CONSTRUCTION MARKET DATA Year

Avg $/SqFt

Units Closed

Avg Sales $

Price Range

2017

$

101

954

$

273,500

2018

$

104

971

$

275,000

2019

$

108

827

$

285,200

$150,001 to $200,000

2020

$

116

899

$

312,000

$200,001 to $250,000

2021

$

134

856

$

368,400

$250,001 to $300,000

$100,001 to $150,000

$300,001 to $350,000 $350,001 to $400,000 $400,001 to $450,000

Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale to understand the market place.

$450,001 to $500,000 $500,001 to $550,000 $550,001 to $600,000 $600,001 to $650,000 $650,001 to $700,000 $700,001 to $800,000 $800,001 to $900,000

All information obtain from the Greater Augusta Multiple Listing Service (MLS). * As of April 7, 2022 Information is deemed to be accurate but not warranted.

$900,001 to $1,500,000 $1.5 mil to Up

Current Active 0 0

Sold in Sold No. Sold Last 12 Units Per Months Average Months Month Inventory $/Sq. Ft. 3

0.3

0.0

$130

31

2.6

0.0

$132

6 9

129

10.8

0.6

$142

151

12.6

0.7

$133

27 33

183

15.3

1.8

$134

175

14.6

2.3

$131

5 5

102

8.5

0.6

$133

44

3.7

1.4

$150

2 1

65

5.4

0.4

$160

32

2.7

0.4

$163

0 1

12

1.0

0.0

$158

5

0.4

2.4

$174

0 0

5

0.4

0.0

$206

2

0.2

0.0

$165

0 0

9

0.8

0.0

$208

3

0.3

0.0

$257


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.