May 2022 Market Update | Southeastern Residential

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WITH SOUTHEASTERN RESIDENTIAL

May

NEWSLETTER 2022

MARKET STATS APRIL 2022 COMMON REAL ESTATE TERMS FOUR FACTORS THAT AFFECT THE SALEABILITY OF YOUR HOUSE

FEATURED LISTING SOUTHEASTERN RESOURCES NEW HOME SPOTLIGHT

Current Market Stats SOLD

ACTIVE LISTINGS

UNDER CONTRACT

SOLD LISTINGS MAR

AVG. LIST PRICE

877

1,862

793

$293,985

AVG. SALE PRICE

$295,763

AVG. DAYS ON MARKET

82

Market Update (Columbia County) April 2022 Recap FLEXMLS

-Average Sales Price was up 12.6% YOY to $364,600 - Avg. Days on Market are down 27% YOY to 68 days.

- Months Supply of Inventory was down 32% YOY to 0.96 months

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Market Update (Columbia County) April 2022 Recap FLEXMLS

April 2022 April 2021

% Chg

2022 YTD

2021 YTD

% Chg

1.41

-31.91

0.95

1.5

-36.67

Average List $385,832 Price

$380,605

1.37

$361,937

$319,963

13.12

Median List Price

$352,120

$322,409

9.22

$329,000

$279,000

17.92

Average Sale Price

$364,603

$323,862

12.58

$339,291

$291,096

16.56

Median Sale $326,250 Price

$272,500

19.72

$307,500

$260,000

18.27

Absorption Rate

0.96

Average CDOM

68

93

-26.88

81

95

-14.74

Median CDOM

44

52

-15.38

46

56

-17.86

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Market Update (Columbia County) April 2022 Recap FLEXMLS

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Market Update (Aiken County) April 2022 Recap FLEXMLS

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-Average Sales Price was up 9.2% YOY to $310,051 - Avg. Days on Market are up 51% YOY to 53 days from 35.

- Months Supply of Inventory was down 39% YOY to 1.35 months

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Market Update (Aiken County) April 2022 Recap FLEXMLS

April 2022 April 2021

% Chg

2022 YTD

2021 YTD

% Chg

Absorption Rate

1.35

2.21

-38.91

1.46

2.38

-38.66

Average List Price

$426,007

$390,500

9.09

$345,465

$308,775

11.88

Median List $299,900 Price

$284,180

5.53

$284,950

$246,950

15.39

$310,051

$283,882

9.22

$316,033

$266,624

18.53

Median Sale $274,712 Price

$240,000

14.46

$270,000

$229,430

17.68

Average Sale Price

Average CDOM

53

35

51.43

60

71

-15.49

Median CDOM

17

16

6.25

27

31

-12.9

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Market Update (Aiken County) April 2022 Recap 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!

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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REAL ESTATE TERMS

living LOCAL LUNCH & MUNCH

● Southbound Smokehouse ● Edgar's Grille ● Cantina Locale

● Local Augusta ● Wiskey Bar Kitchen ● The Larder

Featured LISTING 202 Lagoon Dr, Clarks Hill Furey Plantation 4 BEDROOMS

0.75 acres

5 BATHROOMS

3,516 SQ.FT.

OFFERED AT $800,000

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!

Wright's Farm is the area's first Planned Agricultural Community, providing residents with a welcoming and relaxed rural neighborhood while maintaining convenient access to the resources of a bustling city.

Built around a working farm operation, Wright's Farm focuses on farm-to-table practices and encourages healthy living. With Convenient access to fresh food and a breath of fresh air, Wright's Farm is a haven for those who desire to embrace healthy living and get back to a simpler way of life.

For more information, visit wrightsfarmaugusta.com/ PAGE 11

WWW.SOUTHEASTERNRESIDENTIAL.COM

Carey Miller Pifer VP Relocation Services & Business Development Southeastern Residential, LLC 4024 Washington Road Martinez, GA 30907 706-945-0512 (O) 706-993-7321 (C)