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April 2022 Market Update

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WITH SOUTHEASTERN RESIDENTIAL

April NEWSLETTER 2022

MARKET STATS MARCH 2022 APRIL HOME MAINTENANCE TIPS SELLER QUESTIONS NEW HOME SPOTLIGHT SOUTHEASTERN RESOURCES

Current Market Stats SOLD

ACTIVE LISTINGS

UNDER CONTRACT

SOLD LISTINGS MAR

AVG. LIST PRICE

AVG. SALE PRICE

AVG. DAYS ON MARKET

670

1,867

905

$288,047

$289,752

93


We hope you enjoy our newsletter, you will notice that the data is formatted differently this month. Our area has changed to a different MLS system so our reports are formatted differently. We feel that you will like this format even better! We will be showcasing two counties each month. We will be showcasing Aiken each month and alternating the Columbia and Richmond County info. We are happy to supply information to you or your company at any level that you need it, don't hesitate to let us know how we can assist.


Market Update (Columbia County) March 2022 Recap FLEXMLS

-Average Sales Price was up 5% YOY to $391,472 - Avg. Days on Market are down 2.3% YOY to 84 days. - Months Supply of Inventory was down 38% YOY to 0.89 months

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Market Update (Columbia County) March 2022 Recap FLEXMLS

Mar-2022

Mar-2021

% Chg

2022 YTD

2021 YTD

% Chg

Absorption Rate

0.89

1.43

-37.76

0.94

1.53

-38.56

Average List Price

$391,472

$372,895

4.98

$354,919

$319,896

10.95

Median List Price

$354,900

$315,000

12.67

$325,000

$276,900

17.37

Average Sale Price

$324,448

$277,733

16.82

$330,080

$278,809

18.39

Median Sale Price

$309,950

$258,900

19.72

$300,000

$256,200

17.1

Average CDOM

84

86

-2.33

85

96

-11.46

Median CDOM

41

48

-14.58

48

59

-18.64

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Market Update (Columbia County) March 2022 Recap FLEXMLS

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Market Update (Aiken County) March 2022 Recap FLEXMLS

.

-Average Sales Price was up 18% YOY to $315,710 - Avg. Days on Market are down 35% YOY to 69 days. - Months Supply of Inventory was down 38% YOY to 1.5 months

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Market Update (Aiken County) March 2022 Recap PROVIDED BY FLEXMLS

March 2022

March 2021

% Chg

2022 YTD

2021 YTD

% Chg

Absorption Rate

1.46

2.35

-37.87

1.51

2.43

-37.86

Average List Price

$411,228

$378,013

8.79

$349,535

$310,894

12.43

Median List Price

$298,450

$288,648

3.4

$279,599

$243,545

14.8

Average Sale Price

$315,710

$267,925

17.84

$318,610

$260,013

22.54

Median Sale Price

$270,950

$235,000

15.3

$269,900

$223,940

20.52

Average CDOM

69

51

35.29

64

77

-16.88

Median CDOM

29

33

-12.12

32

38

-15.79

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Market Update (Aiken County) March 2022 Recap PROVIDED BY FLEXMLS

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EMPLOYEE RELOCATION BY CAREY MILLER PIFER

We are a full service brokerage, offering buyer and seller representation. Our agents are experts in new home construction, resale homes, and land. We are proud to service Georgia and South Carolina. Through our relocation department, we partner with your business to help make the hiring and onboarding for your employees seamless. You can focus on selling your company and the job and we will help sell the area! When you have recruits visiting, we can provide a tour of the area and help familiarize them with the market. Think of us as your real estate resource!


APRIL HOME MAINTENANCE

CLEAN CEILING FANS AND REVERSE TO COUNTER-CLOCKWISE INSPECT DRIVEWAY AND SIDEWALKS FOR CRACKS TRIM TREE BRANCHES AWAY FROM HOUSE CLEAN REFRIGERATOR COILS CLEAN BLINDS AND CURTAINS CHECK EXTERIOR SIDING FOR DAMAGE

livingLOCAL SUMMER CAMPS IN AUGUSTA, GA

● Augusta Prep Cavalier Camp ● Kids University at Augusta Univ. ● Episcopal Day School ● Hilltop Stables Riding Camp ● Columbia County Parks and Recreation ● City of Aiken – Parks, and Recreation


FREQUENTLY ASKED QUESTIONS FROM HOME SELLERS HOW MUCH WILL SELL MY HOME COST? While the concrete figure will depend very much on individual circumstances, there are some standard costs that home sellers might come across. These could come in the form of a real estate commission fee, an instrument survey, a title search, various repairs ,or any inspections that need coordinating. HOW CAN I PREPARE MY HOME FOR SELLING? Take care of any necessary repairs (any leaks or damp problems, Taulty wires or plumbing problems) and ensure that the entire property is cleaned and decorated ready to be photographed for house listings. SHOULD I STAGE MY HOME OR SHOW IT EMPTY? When giving tips for home selling, the perfect formula in this situation is a blend of the two: a staged home sells quicker than an empty one, but a prospective buyer needs to be able to picture themselves there without too many personal items and clutter distracting Bere o Here them. HOW MUCH IS MY HOME WORTH? This is another number that heavily depends on the home's factors, but is Go Here figures about similar properties in the local area can easily be sourced online and used as a guide.

Featured LISTING 504 Creekstone Trail, Evans

OFFERED AT $824,900

5 BEDROOMS

0.63 acres

4 BATHROOMS

4,051 SQ.FT.


Since Augusta, Georgia is home to Fort Gordon Military Base, the Cyber Command Center and world renowned Educational and Medical Institutions, we want to show our appreciation for your service to our community and the work you do. This rebate program is for buyers and sellers and honors the following: Active, Former, Retired, and Immediate Family of Military Active Teachers | Active First Responders | Active Healthcare When you buy or sell a home through Southeastern's Circle of Courage Program, you’ll receive a credit based on the actual sales price and you’ll receive your rebate at closing!

Please consult with Southeastern Residential to determine your eligibility.

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WE ARE EXPERTS ON THE TOOLS THAT LET YOU SEARCH ON YOUR TERMS! Most consumers begin their real estate home search online on poplar websites such as Zillow or Realtor.com. Our company has partnered with both of the companies to enhance the search capabilities for our clients. We provided our clients with powerful home search tools to help them find their dream home. Our home search solutions are fully integrated with different devices and can be easily downloaded to your mobile device. SOME OF OUR SEARCH CAPABILITIES INCLUDE:

Search by Area, Address, Zip, & County

Search By Price

Search by School Zone

Search by Beds, Baths & SqFt

Search by Interactive Map

Search Pending or Sold Properties


NEW HOME COMMUNITIES Southeastern Residential represents multiple new home communities in the Augusta and Charleston markets. Each community is carefully planned to provide residents with unique amenities and long term value. We carefully select the right builders for our communities that share our commitment to quality.


New Home SPOTLIGHT NEW PHASE COMING SOON!

The River Island lifestyle is one of both elegance and pleasure. While the development includes miles of nature trails and water-front property, it remains within a short drive of the convenience of everyday life including shopping, dining, entertainment and more. Miles of Walking Trails | River View Boardwalks | Resort Style Pool Community Docks | Kayak Outposts | Resident Gardens | River House Pool House | Fishing & Boating | 2.5 Acre Park | Playgrounds | Sidewalks

For more information, visit www.riverislandaugusta.com

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