1st Quarter Absorption Rates January 2023
Absorption Rates January 2023 COLUMBIA COUNTY NEW CONSTRUCTION MARKET DATA Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale to understand the market place. All information obtained from the Realtors of Greater Augusta Multiple Listing Service (MLS).
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 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 10 0.8 0.0 $145 $200,001
9 73 6.1 1.5 $167
36 79 6.6 5.5 $159
37 162 13.5 2.7 $151
57 229 19.1 3.0 $145
55 123 10.3 5.4 $143
43 67 5.6 7.7 $154
22 41 3.4 6.4 $164
16 58 4.8 3.3 $167
3 24 2.0
$186
2 7 0.6 3.4 $184
2 10 0.8
$196
3 3 0.3 12.0 $191
0 6 0.5
$206
0 3
* As of January 13, 2023
to $250,000
$250,001 to $300,000
$300,001 to $350,000
$350,001 to $400,000
$400,001 to $450,000
$450,001 to $500,000
$500,001 to $550,000
$550,001 to $600,000
$600,001 to $650,000
1.5
$650,001 to $700,000
$700,001 to $800,000
2.4
$800,001 to $900,000
$900,001 to $1,500,000
0.0
$1.5 mil to Up
0.3 0.0 $161
Rates January 2023
COUNTY RE-SALE MARKET DATA
Year Avg $/SqFt Units Closed Avg Sales $
$
$
$
$
$
$
$
$
$
$
$
Price Range Current Active Sold in Last 12 Months Sold Units Per Month No. Months Inventory Sold Average $/Sq. Ft.
$107
12
Absorption
COLUMBIA
Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale to understand the market place. * As of January 13, 2023 Information is deemed to be accurate but not warranted. All information obtained from the Realtors of Greater Augusta Multiple Listing Service (MLS).
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
$100,001 to $150,000 1 46 3.8 0.3
$150,001 to $200,000
237 19.8 0.6 $133 $200,001 to $250,000 23 524 43.7 0.5 $138 $250,001 to $300,000 33 590 49.2 0.7 $139 $300,001 to $350,000 41 440 36.7 1.1 $136 $350,001 to $400,000 29 319 26.6 1.1 $133 $400,001 to $450,000 15 163 13.6 1.1 $136 $450,001 to $500,000 20 102 8.5 2.4 $149 $500,001 to $550,000 9 80 6.7 1.4 $156 $550,001 to $600,000 7 44 3.7 1.9 $164 $600,001 to $650,000 7 42 3.5 2.0 $165 $650,001 to $700,000 4 30 2.5 1.6 $171 $700,001 to $800,000 5 20 1.7 3.0 $157 $800,001 to $900,000 5 14 1.2 4.3 $177 $900,001 to $1,500,000 5 28 2.3 2.1 $232 $1.5 mil to Up 3 4 0.3 9.0 $327
Absorption Rates January 2023 RICHMOND COUNTY NEW CONSTRUCTION MARKET DATA Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale to understand the market place. * As of January 13, 2023 Information is deemed to be accurate but not warranted. All information obtained from the Realtors of Greater Augusta Multiple Listing Service (MLS). 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 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 1 2 0.2 6.0 $97 $150,001 to $200,000 7 15 1.3 5.6 $100 $200,001 to
11 58 4.8 2.3 $143 $250,001 to
12 162 13.5 0.9 $141 $300,001
33 72 6.0 5.5 $137 $350,001
17 40 3.3 5.1 $135 $400,001
2 17 1.4 1.4 $139 $450,001
0 2 0.2 0.0 $168 $500,001
0 0 0.0 - -
0 0 0.0 - -
0 2 0.2 0.0 $228
0 0 0.0 - -
0 1 0.1 0.0 $218
0 0 0.0 - -
0 0 0.0 -$1.5 mil to Up 0 0 0.0 - -
$250,000
$300,000
to $350,000
to $400,000
to $450,000
to $500,000
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
$900,001 to $1,500,000
Absorption Rates January 2023
COUNTY RE-SALE MARKET DATA
Year Avg $/SqFt Units Closed Avg Sales $ 2017 $ 66
$ 130,000
$
$
$
$
$
$
$
$
$
$
Price Range Current Active Sold in Last 12 Months Sold Units Per Month No. Months Inventory Sold Average $/Sq. Ft.
47 381 31.8 1.5 $100
59 602 50.2
$119
41 397
29
9
6 21
7 14
RICHMOND
Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale to understand the market place. * As of January 13, 2023 Information is deemed to be accurate but not warranted. All information obtained from the Realtors of Greater Augusta Multiple Listing Service (MLS).
1770
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
$100,001 to $150,000
$150,001 to $200,000
1.2
$200,001 to $250,000
33.1 1.2 $129 $250,001 to $300,000
267 22.3 1.3 $135 $300,001 to $350,000 18 134 11.2 1.6 $130 $350,001 to $400,000
61 5.1 1.8 $142 $400,001 to $450,000
1.8 3.4 $150 $450,001 to $500,000
1.2 6.0 $137 $500,001 to $550,000 3 8 0.7 4.5 $179 $550,001 to $600,000 1 8 0.7 1.5 $164 $600,001 to $650,000 1 7 0.6 1.7 $184 $650,001 to $700,000 2 2 0.2 12.0 $201 $700,001 to $800,000 3 15 1.3 2.4 $174 $800,001 to $900,000 3 4 0.3 9.0 $169 $900,001 to $1,500,000 3 10 0.8 3.6 $288 $1.5 mil to Up 1 4 0.3 3.0 $332
Absorption Rates January 2023 AIKEN COUNTY NEW CONSTRUCTION MARKET DATA Absorption Rates are a calculation used to determine how
months of inventory are currently available for sale to understand the market place.
information obtained from the Greater Aiken Multiple Listing Service
warranted. 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 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 3 31 2.6 1.2 $165 $200,001
33 137 11.4 2.9 $158
68 309 25.8 2.6 $138
53 133 11.1 4.8 $131
41 115 9.6 4.3 $130
12 40 3.3 3.6 $148
12 16 1.3 9.0 $169
4 9 0.8 5.3 $201
6 8 0.7 9.0 $179
5 5 0.4 12.0 204.0
1 3 0.3 4.0 $185
2 5 0.4 4.8 $243
3 1 0.1 36.0 $237
1 1 0.1 12.0 234.0
Up 0 0 0.0 -
many
All
(MLS). * As of January 13, 2023 Information is deemed to be accurate but not
to $250,000
$250,001 to $300,000
$300,001 to $350,000
$350,001 to $400,000
$400,001 to $450,000
$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
$900,001 to $1,500,000
$1.5 mil to
-