4th Quarter Absorption Rates
Absorption Rates October 2023 COLUMBIA COUNTY NEW CONSTRUCTION MARKET DATA 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 $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
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 Realtors of Greater Augusta Multiple Listing Service (MLS). * As of October 13, 2023 Information is deemed to be accurate but not warranted.
$900,001 to $1,500,000 $1.5 mil to Up
Current Active
Sold in Sold No. Sold Last 12 Units Per Months Average Months Month Inventory $/Sq. Ft.
0 0
0
0.0
-
-
8
0.7
0.0
$172
18 13
25
2.1
8.6
$172
71
5.9
2.2
$171
35 50
112
9.3
3.8
$159
117
9.8
5.1
$152
25 14
113
9.4
2.7
$149
105
8.8
1.6
$155
25 27
52
4.3
5.8
$165
49
4.1
6.6
$165
4 3
20
1.7
2.4
$173
7
0.6
5.1
$187
1 4
14
1.2
0.9
$218
3
0.3
16.0
$235
0 3
3
0.3
0.0
$250
2
0.2
18.0
$253
Absorption Rates October 2023 COLUMBIA COUNTY RE-SALE MARKET DATA Year
Avg $/SqFt
Units Closed
Avg Sales $
Price Range
2017
$
93
2379
$
217,000
2018
$
97
2504
$
238,000
2019
$
101
2734
$
245,300
$100,001 to $150,000
2020
$
109
2820
$
269,500
$150,001 to $200,000
2021
$
125
3885
$
304,500
2022
$
140
2704
$
331,600
$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
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 Realtors of Greater Augusta Multiple Listing Service (MLS). * As of October 13, 2023 Information is deemed to be accurate but not warranted.
$900,001 to $1,500,000 $1.5 mil to Up
Current Active 1 5
Sold in Sold No. Last 12 Units Per Months Months Month Inventory
Sold Average $/Sq. Ft.
37
3.1
0.3
$107
165
13.8
0.4
$131
37 56
357
29.8
1.2
$150
494
41.2
1.4
$146
51 51
328
27.3
1.9
$140
245
20.4
2.5
$142
29 19
157
13.1
2.2
$144
87
7.3
2.6
$145
16 13
53
4.4
3.6
$168
53
4.4
2.9
$174
8 4
35
2.9
2.7
$180
32
2.7
1.5
$187
7 6
15
1.3
5.6
$203
14
1.2
5.1
$210
12 4
26
2.2
5.5
$239
5
0.4
9.6
$335
Absorption Rates October 2023 RICHMOND COUNTY NEW CONSTRUCTION MARKET DATA 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 $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
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 October 13, 2023 Information is deemed to be accurate but not warranted.
$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
Current Active 0 1
Sold in Sold No. Last 12 Units Per Months Months Month Inventory
Sold Average $/Sq. Ft.
2
0.2
0.0
$173
21
1.8
0.6
$115
49
4.1
2.2
$145
118
9.8
1.6
$154
18 14
102
8.5
2.1
$148
32
2.7
5.3
$146
5 6
18
1.5
3.3
$135
0
0.0
-
0 0
0
0.0
-
-
0
0.0
-
-
0 0
0
0.0
-
-
0
0.0
-
-
0 0
0
0.0
-
-
0
0.0
-
-
0 0
0
0.0
-
-
0
0.0
-
-
9 16
Absorption Rates October 2023 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
Price Range
$350,001 to $400,000 $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 October 13, 2023 Information is deemed to be accurate but not warranted.
$1.5 mil to Up
Current Active
Sold in Sold No. Last 12 Units Per Months Months Month Inventory
Sold Average $/Sq. Ft.
44 94
318
26.5
1.7
$102
531
44.3
2.1
$125
55 37
314
26.2
2.1
$134
242
20.2
1.8
$140
29 18
127
10.6
2.7
$139
61
5.1
3.5
$135
5 3
31
2.6
1.9
$148
9
0.8
4.0
$169
2 5
16
1.3
1.5
$160
7
0.6
8.6
$193
1 2
9
0.8
1.3
$194
5
0.4
4.8
$213
1 0
11
0.9
1.1
$249
10
0.8
0.0
$214
1 1
9
0.8
1.3
$226
2
0.2
6.0
$274
Absorption Rates October 2023 AIKEN COUNTY NEW CONSTRUCTION MARKET DATA Year
Avg $/SqFt
Units Closed
Avg Sales $
2017
$
97
399
$
211,100
2018
$
106
364
$
228,300
2019
$
110
376
$
244,000
$100,001 to $150,000
2020
$
112
605
$
249,700
$150,001 to $200,000
Price Range
2021
$
124
778
$
283,000
$200,001 to $250,000
2022
$
144
813
$
310,600
$250,001 to $300,000 $300,001 to $350,000 $350,001 to $400,000
Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale. This helps evaluate the current market.
$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
All information obtained from the Greater Aiken Multiple Listing Service (MLS). * As of October 13, 2023 Information is deemed to be accurate but not warranted.
$800,001 to $900,000 $900,001 to $1,500,000 $1.5 mil to Up
Current Active 0 2
No. Sold Sold in Last 12 Units Per Months Months Month Inventory
Sold Average $/Sq. Ft.
0
0.0
-
-
20
1.7
1.2
$162
28 107
116
9.7
2.9
$164
246
20.5
5.2
$148
57 42
144
12.0
4.8
$141
94
7.8
5.4
$137
17 6
46
3.8
4.4
$154
20
1.7
3.6
$172
9 3
13
1.1
8.3
$188
5
0.4
7.2
$221
1 0
3
0.3
4.0
$319
4
0.3
0.0
$196
3 5
4
0.3
9.0
$219
4
0.3
15.0
$285
1 0
2
0.2
6.0
$345
0
0.0
-
-
Absorption Rates October 2023 AIKEN COUNTY RE-SALE MARKET DATA 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
Price Range $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
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 October 13, 2023 Information is deemed to be accurate but not warranted.
$900,001 to $1,500,000 $1,500,001 and Up
Current Active
No. Sold Sold in Last 12 Units Per Months Months Month Inventory
Sold Average $/Sq. Ft.
13 31
133
11.1
1.2
$107
230
19.2
1.6
$132
48 56
273
22.8
2.1
$145
262
21.8
2.6
$150
38 39
146
12.2
3.1
$150
104
8.7
4.5
$166
16 16
78
6.5
2.5
$170
59
4.9
3.3
$185
6 7
39
3.3
1.8
$202
48
4.0
1.8
$194
4 5
31
2.6
1.5
$205
18
1.5
3.3
$260
14 8
31
2.6
5.4
$253
21
1.8
4.6
$288
20 10
32
2.7
7.5
$321
11
0.9
10.9
$895
*Price influenced by land/farms sold with houses