2nd Quarter 2024 Absorption Rates
Absorption Rates
April 2024
COLUMBIA COUNTY NEW CONSTRUCTION MARKET DATA
Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale. This helps evaluate the current market.
All information obtained from the Realtors of Greater Augusta Multiple Listing Service (MLS).
* As of April 5, 2024
Information is deemed to be accurate but not warranted.
Year Avg $/SqFt Units Closed Avg Sales $ 2017 $ 101 954 $ 273,500 2018 $ 104 971 $ 275,000 2019 $ 108 827 $ 285,200 2020 $ 116 899 $ 312,000 2021 $ 134 856 $ 368,400 2022 $ 154 895 $ 404,300 2023 $ 163 700 $ 426,200 Price Range Current Active Sold in Last 12 Months Sold Units Per Month No. Months Inventory Sold Average $/Sq. Ft. $100,001 to $150,000 0 0 0.0 -$150,001 to $200,000 0 2 0.2 0.0 $169 $200,001 to $250,000 9 40 3.3 2.7 $175 $250,001 to $300,000 27 94 7.8 3.4 $169 $300,001 to $350,000 39 113 9.4 4.1 $158 $350,001 to $400,000 37 106 8.8 4.2 $151 $400,001 to $450,000 25 90 7.5 3.3 $152 $450,001 to $500,000 11 94 7.8 1.4 $156 $500,001 to $550,000 20 55 4.6 4.4 $166 $550,001 to $600,000 18 56 4.7 3.9 $165 $600,001 to $650,000 5 22 1.8 2.7 $178 $650,001 to $700,000 1 7 0.6 1.7 $190 $700,001 to $800,000 2 11 0.9 2.2 $205 $800,001 to $900,000 5 2 0.2 30.0 $253 $900,001 to $1,500,000 2 8 0.7 3.0 $266 $1.5 mil to Up 1 3 0.3 4.0 $313
Absorption Rates
April 2024
COLUMBIA COUNTY RE-SALE MARKET DATA
Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale. This helps evaluate the current market.
All information obtained from the Realtors of Greater Augusta Multiple Listing Service (MLS).
* As of April 5, 2024
Information is deemed to be accurate but not warranted.
Year Avg $/SqFt Units Closed Avg Sales $ 2017 $ 93 2379 $ 217,000 2018 $ 97 2504 $ 238,000 2019 $ 101 2734 $ 245,300 2020 $ 109 2820 $ 269,500 2021 $ 125 3885 $ 304,500 2022 $ 140 2704 $ 331,600 2023 $ 149 2047 $ 349,000 Price Range Current Active Sold in Last 12 Months Sold Units Per Month No. Months Inventory Sold Average $/Sq. Ft. $100,001 to $150,000 5 33 2.8 1.8 $111 $150,001 to $200,000 10 135 11.3 0.9 $139 $200,001 to $250,000 21 331 27.6 0.8 $152 $250,001 to $300,000 54 460 38.3 1.4 $148 $300,001 to $350,000 54 321 26.8 2.0 $141 $350,001 to $400,000 34 236 19.7 1.7 $144 $400,001 to $450,000 26 179 14.9 1.7 $146 $450,001 to $500,000 29 84 7.0 4.1 $147 $500,001 to $550,000 10 59 4.9 2.0 $159 $550,001 to $600,000 4 59 4.9 0.8 $168 $600,001 to $650,000 7 32 2.7 2.6 $185 $650,001 to $700,000 4 30 2.5 1.6 $196 $700,001 to $800,000 11 22 1.8 6.0 $181 $800,001 to $900,000 6 16 1.3 4.5 $203 $900,001 to $1,500,000 10 33 2.8 3.6 $243 $1.5 mil to Up 1 4 0.3 3.0 $320
Absorption Rates
April 2024
RICHMOND COUNTY NEW CONSTRUCTION MARKET DATA
Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale. This helps evaluate the current market.
All information obtained from the Realtors of Greater Augusta Multiple Listing Service (MLS).
* As of April 5, 2024 Information is deemed to be accurate but not warranted.
Year Avg $/SqFt Units Closed Avg Sales $ 2017 $ 90 257 $ 215,000 2018 $ 93 297 $ 218,000 2019 $ 98 250 $ 221,900 2020 $ 105 353 $ 228,500 2021 $ 116 436 $ 259,000 2022 $ 139 371 $ 293,200 2023 $ 146 311 $ 291,248 Price Range Current Active Sold in Last 12 Months Sold Units Per Month No. Months Inventory Sold Average $/Sq. Ft. $100,001 to $150,000 0 1 0.1 0.0 $205 $150,001 to $200,000 2 21 1.8 1.1 $120 $200,001 to $250,000 25 50 4.2 6.0 $144 $250,001 to $300,000 20 88 7.3 2.7 $158 $300,001 to $350,000 25 89 7.4 3.4 $148 $350,001 to $400,000 8 28 2.3 3.4 $148 $400,001 to $450,000 4 16 1.3 3.0 $144 $450,001 to $500,000 3 1 0.1 36.0 $165 $500,001 to $550,000 2 0 0.0 -$550,001 to $600,000 1 0 0.0 -$600,001 to $650,000 0 0 0.0 -$650,001 to $700,000 0 0 0.0 -$700,001 to $800,000 0 0 0.0 -$800,001 to $900,000 0 0 0.0 -$900,001 to $1,500,000 1 0 0.0 -$1.5 mil to Up 0 0 0.0 - -
Absorption Rates
April 2024
RICHMOND COUNTY RE-SALE MARKET DATA
Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale. This helps evaluate the current market.
All information obtained from the Realtors of Greater Augusta Multiple Listing Service (MLS).
* As of April 5, 2024
Information is deemed to be accurate but not warranted.
Year Avg $/SqFt Units Closed Avg Sales $ 2017 $ 66 1770 $ 130,000 2018 $ 71 1841 $ 133,000 2019 $ 76 2093 $ 141,400 2020 $ 86 1884 $ 159,000 2021 $ 102 2216 $ 195,400 2022 $ 117 2228 $ 210,500 2023 $ 118 1987 $ 210,100 Price Range Current Active Sold in Last 12 Months Sold Units Per Month No. Months Inventory Sold Average $/Sq. Ft. $100,001 to $150,000 42 300 25.0 1.7 $101 $150,001 to $200,000 101 517 43.1 2.3 $126 $200,001 to $250,000 64 288 24.0 2.7 $135 $250,001 to $300,000 43 212 17.7 2.4 $141 $300,001 to $350,000 29 143 11.9 2.4 $138 $350,001 to $400,000 17 59 4.9 3.5 $135 $400,001 to $450,000 3 25 2.1 1.4 $150 $450,001 to $500,000 2 15 1.3 1.6 $157 $500,001 to $550,000 4 12 1.0 4.0 $168 $550,001 to $600,000 2 9 0.8 2.7 $210 $600,001 to $650,000 3 7 0.6 5.1 $188 $650,001 to $700,000 1 5 0.4 2.4 $209 $700,001 to $800,000 2 4 0.3 6.0 $193 $800,001 to $900,000 0 10 0.8 0.0 $214 $900,001 to $1,500,000 4 9 0.8 5.3 $227 $1.5 mil to Up 2 1 0.1 24.0 $328
Absorption Rates
April 2024
AIKEN COUNTY NEW CONSTRUCTION MARKET DATA
Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale. This helps evaluate the current market.
All information obtained from the Greater Aiken Multiple Listing Service (MLS).
* As of April 5, 2024
Information is deemed to be accurate but not warranted.
with substantial acreage
Year Avg $/SqFt Units Closed Avg Sales $ 2017 $ 97 399 $ 211,100 2018 $ 106 364 $ 228,300 2019 $ 110 376 $ 244,000 2020 $ 112 605 $ 249,700 2021 $ 124 778 $ 283,000 2022 $ 144 813 $ 310,600 2023 $ 153 703 $ 324,700 *Sold Average $/Sq. Ft. influenced
sold
Price Range Current Active Sold in Last 12 Months Sold Units Per Month No. Months Inventory Sold Average $/Sq. Ft. $100,001 to $150,000 0 0 0.0 -$150,001 to $200,000 8 18 1.5 5.3 $158 $200,001 to $250,000 41 109 9.1 4.5 $162 $250,001 to $300,000 113 281 23.4 4.8 $147 $300,001 to $350,000 72 125 10.4 6.9 $147 $350,001 to $400,000 39 87 7.3 5.4 $141 $400,001 to $450,000 16 56 4.7 3.4 $157 $450,001 to $500,000 17 30 2.5 6.8 $168 $500,001 to $550,000 9 17 1.4 6.4 $184 $550,001 to $600,000 1 5 0.4 2.4 $204 $600,001 to $650,000 0 3 0.3 0.0 $296 $650,001 to $700,000 1 3 0.3 4.0 $193 $700,001 to $800,000 2 5 0.4 4.8 $208 $800,001 to $900,000 2 2 0.2 12.0 $321 $900,001 to $1,500,000 0 1 0.1 0.0 $456 $1.5 mil to Up 0 0 0.0 - -
by homes
Absorption Rates
April 2024
AIKEN COUNTY RE-SALE MARKET DATA
Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale. This helps evaluate the current market.
All information obtained from the Greater Aiken Multiple Listing Service (MLS).
* As of April 5, 2024
Information is deemed to be accurate but not warranted.
with substantial acreage
Year Avg $/SqFt Units Closed Avg Sales $ 2017 $ 89 877 $ 190,800 2018 $ 97 1114 $ 201,700 2019 $ 101 1086 $ 222,300 2020 $ 114 1158 $ 255,000 2021 $ 134 1293 $ 298,145 2022 $ 151 1627 $ 314,800 2023 $ 161 1569 $ 340,164 *Sold Average $/Sq. Ft. influenced
sold
Price Range Current Active Sold in Last 12 Months Sold Units Per Month No. Months Inventory Sold Average $/Sq. Ft. $100,001 to $150,000 9 116 9.7 0.9 $107 $150,001 to $200,000 29 213 17.8 1.6 $132 $200,001 to $250,000 30 252 21.0 1.4 $147 $250,001 to $300,000 62 234 19.5 3.2 $150 $300,001 to $350,000 39 157 13.1 3.0 $153 $350,001 to $400,000 22 108 9.0 2.4 $166 $400,001 to $450,000 13 72 6.0 2.2 $179 $450,001 to $500,000 12 62 5.2 2.3 $193 $500,001 to $550,000 8 39 3.3 2.5 $205 $550,001 to $600,000 13 50 4.2 3.1 $200 $600,001 to $650,000 2 31 2.6 0.8 $218 $650,001 to $700,000 5 15 1.3 4.0 $236 $700,001 to $800,000 15 32 2.7 5.6 $269 $800,001 to $900,000 11 21 1.8 6.3 $298 $900,001 to $1,500,000 22 39 3.3 6.8 $362 $1,500,001 and Up 8 14 1.2 6.9 $892
by homes
