2022 3rd Quarter Absorption Rates

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Absorption Rates July 2022 COLUMBIA COUNTY NEW CONSTRUCTION MARKET DATA Units Closed

Year

Avg $/SqFt

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

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 obtain from the Greater Augusta Multiple Listing Service (MLS). * As of July 12 2022 Information is deemed to be accurate but not warranted.

Price Range

Current Active

$100,001 to $150,000 $150,001 to $200,000 $200,001 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 Up

0 0 12 17 41 53 24 20 11 16 1 5 2 0 0 0

Sold in Sold Units No. Sold Last 12 Per Months Average Months Month Inventory $/Sq. Ft. 3 14 97 116 183 205 101 50 58 49 20 7 6 2 10 3

0.3 1.2 8.1 9.7 15.3 17.1 8.4 4.2 4.8 4.1 1.7 0.6 0.5 0.2 0.8 0.3

0.0 0.0 1.5 1.8 2.7 3.1 2.9 4.8 2.3 3.9 0.6 8.6 4.0 0.0 0.0 0.0

$130 $140 $153 $145 $144 $135 $137 $152 $161 $165 $178 $178 $180 $191 $215 $257


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