3rd Quarter Absorption Rates
Absorption Rates July 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. This helps evaluate the current market.
All information obtained from the Realtors of Greater Augusta Multiple Listing Service (MLS).
* As of July 7, 2023
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 7 0.6 0.0 $169 $200,001 to $250,000 11 35 2.9 3.8 $179 $250,001 to $300,000 23 70 5.8 3.9 $168 $300,001 to $350,000 31 135 11.3 2.8 $156 $350,001 to $400,000 44 158 13.2 3.3 $151 $400,001 to $450,000 27 116 9.7 2.8 $147 $450,001 to $500,000 23 99 8.3 2.8 $152 $500,001 to $550,000 22 46 3.8 5.7 $164 $550,001 to $600,000 25 49 4.1 6.1 $164 $600,001 to $650,000 4 22 1.8 2.2 $174 $650,001 to $700,000 0 6 0.5 0.0 $185 $700,001 to $800,000 2 11 0.9 2.2 $217 $800,001 to $900,000 5 4 0.3 15.0 $239 $900,001 to $1,500,000 0 4 0.3 0.0 $244 $1.5 mil to Up 2 3 0.3 8.0 $265
Information
Absorption Rates July 2023
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).
*
July 13, 2023 Information is deemed to be accurate but not warranted.
As of
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
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 38 3.2 0.0 $103 $150,001 to $200,000 7 200 16.7 0.4 $133 $200,001 to $250,000 16 401 33.4 0.5 $148 $250,001 to $300,000 45 536 44.7 1.0 $145 $300,001 to $350,000 42 362 30.2 1.4 $138 $350,001 to $400,000 38 285 23.8 1.6 $141 $400,001 to $450,000 18 154 12.8 1.4 $144 $450,001 to $500,000 13 92 7.7 1.7 $145 $500,001 to $550,000 11 56 4.7 2.4 $168 $550,001 to $600,000 14 56 4.7 3.0 $176 $600,001 to $650,000 10 36 3.0 3.3 $178 $650,001 to $700,000 5 24 2.0 2.5 $183 $700,001 to $800,000 9 17 1.4 6.4 $204 $800,001 to $900,000 1 13 1.1 0.9 $188 $900,001 to $1,500,000 8 29 2.4 3.3 $223 $1.5 mil to Up 6 5 0.4 14.4 $310
Absorption Rates July 2023
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).
Information is deemed to be accurate but not warranted.
RICHMOND
* As of July 13, 2023
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 0 1 0.1 0.0 $141 $150,001 to $200,000 1 19 1.6 0.6 $114 $200,001 to $250,000 8 44 3.7 2.2 $149 $250,001 to $300,000 17 145 12.1 1.4 $153 $300,001 to $350,000 18 97 8.1 2.2 $146 $350,001 to $400,000 14 39 3.3 4.3 $146 $400,001 to $450,000 2 21 1.8 1.1 $139 $450,001 to $500,000 1 1 0.1 12.0 $146 $500,001 to $550,000 0 0 0.0 -$550,001 to $600,000 0 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 0 0 0.0 -$1.5 mil to Up 0 0 0.0 - -
Absorption Rates July 2023
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).
Information is deemed to be accurate but not warranted.
* As of July 13, 2023
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
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 33 334 27.8 1.2 $117 $150,001 to $200,000 58 549 45.8 1.3 $126 $200,001 to $250,000 40 355 29.6 1.4 $133 $250,001 to $300,000 27 260 21.7 1.2 $138 $300,001 to $350,000 17 133 11.1 1.5 $139 $350,001 to $400,000 16 65 5.4 3.0 $136 $400,001 to $450,000 1 27 2.3 0.4 $150 $450,001 to $500,000 3 0 0.0 -$500,001 to $550,000 3 18 1.5 2.0 $163 $550,001 to $600,000 3 6 0.5 6.0 $179 $600,001 to $650,000 1 7 0.6 1.7 $186 $650,001 to $700,000 2 6 0.5 4.0 $204 $700,001 to $800,000 0 13 1.1 0.0 $205 $800,001 to $900,000 2 10 0.8 2.4 $214 $900,001 to $1,500,000 1 9 0.8 1.3 $218 $1.5 mil to Up 2 3 0.3 8.0 $294
Absorption Rates July 2023
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 July 13, 2023 Information is deemed to be accurate but not 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 7 19 1.6 4.4 $166 $200,001 to $250,000 27 116 9.7 2.8 $165 $250,001 to $300,000 79 254 21.2 3.7 $147 $300,001 to $350,000 42 140 11.7 3.6 $138 $350,001 to $400,000 24 98 8.2 2.9 $137 $400,001 to $450,000 16 45 3.8 4.3 $149 $450,001 to $500,000 9 19 1.6 5.7 $166 $500,001 to $550,000 7 15 1.3 5.6 $191 $550,001 to $600,000 1 7 0.6 1.7 $193 $600,001 to $650,000 2 3 0.3 8.0 292.0 $650,001 to $700,000 0 4 0.3 0.0 $187 $700,001 to $800,000 5 3 0.3 20.0 $241 $800,001 to $900,000 1 4 0.3 3.0 $253 $900,001 to $1,500,000 2 1 0.1 24.0 $234 $1.5 mil to Up 0 0 0.0 - -
2023
Absorption Rates July
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).
*Price influenced by land/farms sold with houses
*
of July 13, 2023 Information is deemed to be accurate but not warranted. 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
As
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 19 138 11.5 1.7 $109 $150,001 to $200,000 19 249 20.8 0.9 $132 $200,001 to $250,000 19 303 25.3 0.8 $143 $250,001 to $300,000 39 282 23.5 1.7 $147 $300,001 to $350,000 27 144 12.0 2.3 $153 $350,001 to $400,000 22 90 7.5 2.9 $169 $400,001 to $450,000 11 89 7.4 1.5 $167 $450,001 to $500,000 5 59 4.9 1.0 $187 $500,001 to $550,000 7 43 3.6 2.0 $192 $550,001 to $600,000 8 46 3.8 2.1 $196 $600,001 to $650,000 4 30 2.5 1.6 $214 $650,001 to $700,000 5 16 1.3 3.8 $269 $700,001 to $800,000 9 28 2.3 3.9 $236 $800,001 to $900,000 9 19 1.6 5.7 $273 $900,001 to $1,500,000 7 29 2.4 2.9 $290 $1,500,001 and Up 14 7 0.6 24.0 $1,040*