1st Quarter 2024 Absorption Rates
Absorption Rates January 2024 COLUMBIA COUNTY NEW CONSTRUCTION MARKET DATA Year
Avg $/SqFt
Units Closed
Avg Sales $
2017
$
101
954
$
273,500
2018
$
104
971
$
275,000
$100,001 to $150,000
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
2022
$
154
895
$
404,300
$300,001 to $350,000
2023
$
163
700
$
426,200
$350,001 to $400,000
Price Range
$400,001 to $450,000
$450,001 to $500,000
Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale. This helps evaluate the current market.
$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
All information obtained from the Realtors of Greater Augusta Multiple Listing Service (MLS). * As of January 5, 2024 Information is deemed to be accurate but not warranted.
$1.5 mil to Up
Current Active
Sold in Sold Units No. Sold Last 12 Per Months Average Months Month Inventory $/Sq. Ft.
0 0
0
0.0
-
-
3
0.3
0.0
$168
14 24
36
3.0
4.7
$173
92
7.7
3.1
$170
58 50
107
8.9
6.5
$158
106
8.8
5.7
$153
25 17
94
7.8
3.2
$149
101
8.4
2.0
$156
22 27
55
4.6
4.8
$163
51
4.3
6.4
$163
3 1
24
2.0
1.5
$182
8
0.7
1.5
$190
0 4
12
1.0
0.0
$201
3
0.3
16.0
$235
2 1
5
0.4
4.8
$258
3
0.3
4.0
$315
Absorption Rates January 2024 COLUMBIA COUNTY RE-SALE MARKET DATA Year
Avg $/SqFt
Units Closed
Avg Sales $
2017
$
93
2379
$
217,000
2018
$
97
2504
$
238,000
$100,001 to $150,000
2019
$
101
2734
$
245,300
$150,001 to $200,000
2020
$
109
2820
$
269,500
$200,001 to $250,000
2021
$
125
3885
$
304,500
$250,001 to $300,000
2022
$
140
2704
$
331,600
$300,001 to $350,000
2023
$
149
2047
$
349,000
$350,001 to $400,000
Price Range
$400,001 to $450,000 $450,001 to $500,000
Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale. This helps evaluate the current market.
$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
All information obtained from the Realtors of Greater Augusta Multiple Listing Service (MLS). * As of January 5, 2024 Information is deemed to be accurate but not warranted.
$1.5 mil to Up
Current Active 2 4
Sold in Sold Units No. Last 12 Per Months Months Month Inventory
Sold Average $/Sq. Ft.
37
3.1
0.6
$112
149
12.4
0.3
$134
33 52
345
28.8
1.1
$151
456
38.0
1.4
$146
50 31
325
27.1
1.8
$141
237
19.8
1.6
$142
29 18
167
13.9
2.1
$146
81
6.8
2.7
$147
8 16
55
4.6
1.7
$171
58
4.8
3.3
$172
7 3
33
2.8
2.5
$182
32
2.7
1.1
$191
12 4
15
1.3
9.6
$179
12
1.0
4.0
$206
6 2
29
2.4
2.5
$241
5
0.4
4.8
$310
Absorption Rates January 2024 RICHMOND COUNTY NEW CONSTRUCTION MARKET DATA Year
Avg $/SqFt
Units Closed
Avg Sales $
2017
$
90
257
$
215,000
2018
$
93
297
$
218,000
$100,001 to $150,000
2019
$
98
250
$
221,900
$150,001 to $200,000
2020
$
105
353
$
228,500
$200,001 to $250,000
2021
$
116
436
$
259,000
2022
$
139
371
$
293,200
2023
$
146
311
$
291,248
Price Range
0.0
$173
24
2.0
0.0
$118
49
4.1
4.4
$145
$250,001 to $300,000
18 20
97
8.1
2.5
$156
$300,001 to $350,000 $350,001 to $400,000
32 13
92 27
7.7 2.3
4.2 5.8
$148 $146
$400,001 to $450,000
6 6
18
1.5
4.0
$137
0
0.0
-
-
2 0
0
0.0
-
-
0
0.0
-
-
0 0
0
0.0
-
-
0
0.0
-
-
0 0
0
0.0
-
-
0
0.0
-
-
0 1
0
0.0
-
-
0
0.0
-
-
$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
All information obtained from the Realtors of Greater Augusta Multiple Listing Service (MLS). * As of January 5, 2024 Information is deemed to be accurate but not warranted.
Sold Average $/Sq. Ft.
0.2
$500,001 to $550,000
$1.5 mil to Up
0 0
Sold in Sold Units No. Last 12 Per Months Months Month Inventory 2
$450,001 to $500,000
Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale. This helps evaluate the current market.
Current Active
Absorption Rates January 2024 RICHMOND COUNTY RE-SALE MARKET DATA Year
Avg $/SqFt
Units Closed
Avg Sales $
2017
$
66
1770
$
130,000
2018
$
71
1841
$
133,000
$100,001 to $150,000
2019
$
76
2093
$
141,400
$150,001 to $200,000
2020
$
86
1884
$
159,000
$200,001 to $250,000
2021
$
102
2216
$
195,400
$250,001 to $300,000
2022
$
117
2228
$
210,500
$300,001 to $350,000
2023
$
118
1987
$
210,100
$350,001 to $400,000
Price Range
$400,001 to $450,000
Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale. This helps evaluate the current market.
$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
All information obtained from the Realtors of Greater Augusta Multiple Listing Service (MLS). * As of January 5, 2024 Information is deemed to be accurate but not warranted.
$1.5 mil to Up
Current Active
Sold in Sold Units No. Last 12 Per Months Months Month Inventory
Sold Average $/Sq. Ft.
33 96
320
26.7
1.2
$101
514
42.8
2.2
$126
51 37
310
25.8
2.0
$135
226
18.8
2.0
$140
19 15
138
11.5
1.7
$138
56
4.7
3.2
$131
5 6
28
2.3
2.1
$151
13
1.1
5.5
$153
2 2
14
1.2
1.7
$167
7
0.6
3.4
$210
0 3
8
0.7
0.0
$193
5
0.4
7.2
$213
1 0
7
0.6
1.7
$202
10
0.8
0.0
$214
10
0.8
1.2
$230
2
0.2
0.0
$274
1 0
Absorption Rates January 2024 AIKEN COUNTY NEW CONSTRUCTION MARKET DATA Year
Avg $/SqFt
Units Closed
Avg Sales $
2017
$
97
399
$
211,100
2018
$
106
364
$
228,300
$100,001 to $150,000
Price Range
2019
$
110
376
$
244,000
$150,001 to $200,000
2020
$
112
605
$
249,700
$200,001 to $250,000
2021
$
124
778
$
283,000
$250,001 to $300,000
2022
$
144
813
$
310,600
$300,001 to $350,000
324,700
$350,001 to $400,000
2023
$
153
703
$
$400,001 to $450,000
Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale. This helps evaluate the current market.
$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 obtained from the Greater Aiken Multiple Listing Service (MLS). * As of January 5, 2024 Information is deemed to be accurate but not warranted.
$900,001 to $1,500,000 $1.5 mil to Up
Current Active 0 4
Sold in Sold Units No. Last 12 Per Months Months Month Inventory
Sold Average $/Sq. Ft.
0
0.0
-
-
19
1.6
2.5
$158
94
7.8
6.6
$161
263
21.9
4.8
$147
76 48
131
10.9
7.0
$142
79
6.6
7.3
$140
20 15
57
4.8
4.2
$156
28
2.3
6.4
$168
6 4
13
1.1
5.5
$189
5
0.4
9.6
$214
1 0
3
0.3
4.0
$296
2
0.2
0.0
$200
1 3
4
0.3
3.0
$211
4
0.3
9.0
$285
1 0
1
0.1
12.0
$456*
0
0.0
52 106
*Sold Average $/Sq. Ft. influenced by homes sold with substantial acreage
Absorption Rates January 2024 AIKEN COUNTY RE-SALE MARKET DATA Year
Avg $/SqFt
Units Closed
Avg Sales $
2017
$
89
877
$
190,800
2018
$
97
1114
$
201,700
$100,001 to $150,000
2019
$
101
1086
$
222,300
$150,001 to $200,000
2020
$
114
1158
$
255,000
$200,001 to $250,000
2021
$
134
1293
$
298,145
$250,001 to $300,000
2022
$
151
1627
$
314,800
$300,001 to $350,000
2023
$
161
1569
$
340,164
$350,001 to $400,000
Price Range
$400,001 to $450,000 $450,001 to $500,000
Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale. This helps evaluate the current market.
$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 obtained from the Greater Aiken Multiple Listing Service (MLS). * As of January 5, 2024 Information is deemed to be accurate but not warranted.
$900,001 to $1,500,000 $1,500,001 and Up
Current Active
Sold in Sold Units No. Last 12 Per Months Months Month Inventory
Sold Average $/Sq. Ft.
10 25
124
10.3
1.0
$108
223
18.6
1.3
$132
46 55
261
21.8
2.1
$145
238
19.8
2.8
$150
49 34
148
12.3
4.0
$151
104
8.7
3.9
$165
23 14
69
5.8
4.0
$175
62
5.2
2.7
$190
8 8
40
3.3
2.4
$204
54
4.5
1.8
$198
4 4
29
2.4
1.7
$214
18
1.5
2.7
$235
14 8
28
2.3
6.0
$271
20
1.7
4.8
$282
16 10
37
3.1
5.2
$342
14
1.2
8.6
$924* *Sold Average $/Sq. Ft. influenced by homes sold with substantial acreage