October 2022 Absorption Rates | Southeastern Residential

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4th Quarter Absorption Rates October 2022

$200,001

$150,000

$200,000

$250,000

$300,000

Absorption Rates October 2022

$300,001

$350,000

2.7 $139

3.1 $147 $350,001 to $400,000

5.9 $139 $450,001 to $500,000

to $450,000

5.0 $153 $500,001 to $550,000

to $600,000

to $650,000

to $700,000

to $800,000

to $900,000

to $1,500,000

$165

$165

$181

$184

$185

$191

$218

$257

COLUMBIA COUNTY NEW CONSTRUCTION MARKET DATA 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 October 13, 2022 Information 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 Price Range Current Active Sold in Last 12 Months Sold Units Per Month No. Months Inventory Sold Average $/Sq. Ft. $100,001 to
0 0 0.0 -$150,001 to
2 8 0.7 3.0 $148
to
9 87 7.3 1.2 $163 $250,001 to
31 98 8.2 3.8 $153
to
48 186 15.5
52 233 19.4
$400,001
50 102 8.5
25 60 5.0
18 47 3.9 4.6
$550,001
11 58 4.8 2.3
$600,001
2 26 2.2 0.9
$650,001
4 7 0.6 6.9
$700,001
2 5 0.4 4.8
$800,001
1 3 0.3 4.0
$900,001
0 8 0.7 0.0
$1.5 mil to Up 0 3 0.3 0.0

Absorption Rates October 2022

COLUMBIA COUNTY RE-SALE MARKET DATA

$150,000

5.3 0.8 $112

to $200,000

to $300,000

to $350,000

53.1 0.5 $135

25.3 0.6 $129 $200,001 to $250,000

52.5 0.8 $134

39.0 0.8 $133

28.9 1.5 $133 $400,001 to $450,000

to $400,000

14.3 1.3 $135 $450,001 to $500,000

8.0 2.3 $146 $500,001 to $550,000

to $600,000

to $650,000

to $700,000

to $800,000

to $900,000

to $1,500,000

mil to Up

7.2 1.0 $155

4.2 2.2 $169

3.3 0.9 $168

2.5 2.4 $166

1.8 2.3 $163

1.2 2.6 $181

2.4 3.3 $224

4.0 $327

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 October 13, 2022 Information is deemed to be accurate but not warranted. 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 Price Range Current Active Sold in Last 12 Months Sold Units Per Month No. Months Inventory Sold Average $/Sq. Ft. $100,001 to
4 64
$150,001
14 304
28 637
$250,001
43 630
$300,001
30 468
$350,001
42 347
19 172
18 96
7 86
$550,001
9 50
$600,001
3 40
$650,001
6 30
$700,001
4 21
$800,001
3 14
$900,001
8 29
$1.5
1 3 0.3

RICHMOND

$250,000

to $300,000

to $350,000

to $400,000

Absorption Rates October 2022

$104

$136

1.3 $138

7.5 $133

4.6 $132

to $450,000

to $550,000

to $600,000

to $650,000

to $700,000

0.0 $168

1.1 2.8 $131 $450,001 to $500,000

- -

- -

- $228

-$700,001 to $800,000

to $900,000

to $1,500,000

to

- $218

-

- -

- -

COUNTY NEW CONSTRUCTION MARKET DATA 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 October 13, 2022 Information is deemed to be accurate but not warranted. 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 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 1 2 0.2 6.0 $97 $150,001 to $200,000 1 16 1.3 0.8
$200,001 to
7 89 7.4 0.9
$250,001
15 142 11.8
$300,001
33 53 4.4
$350,001
13 34 2.8
$400,001
3 13
0 2 0.2
$500,001
1 0 0.0
$550,001
0 0 0.0
$600,001
0 2 0.2
$650,001
0 0 0.0
0 1 0.1
$800,001
0 0 0.0 -
$900,001
0 0 0.0
$1.5 mil
Up 0 0 0.0

Absorption Rates October 2022

RICHMOND COUNTY RE-SALE MARKET DATA

$250,000

$300,000

$350,000

to $400,000

to $450,000

to $500,000

to $550,000

to $600,000

to $650,000

to $700,000

to $800,000

to $900,000

to $1,500,000

mil to Up

1.4 $115

1.2 $127

1.7 $131

11.5 1.1 $128

4.3 1.2 $140

1.9 2.6 $149

1.4 3.5 $143

4.8 $179

2.0 $164

3.4 $187

$202

5.1 $185

0.0 $194

5.5 $268

2.4 $335

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 October 13, 2022 Information is deemed to be accurate but not warranted. 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 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 46 444 37.0 1.2 $97 $150,001 to $200,000 74 645 53.8
$200,001 to
41 397 33.1
$250,001 to
39 275 22.9
$300,001 to
13 138
$350,001
5 52
$400,001
5 23
$450,001
5 17
$500,001
2 5 0.4
$550,001
1 6 0.5
$600,001
2 7 0.6
$650,001
1 2 0.2 6.0
$700,001
6 14 1.2
$800,001
0 4 0.3
$900,001
5 11 0.9
$1.5
1 5 0.4

Absorption Rates October 2022

AIKEN COUNTY NEW CONSTRUCTION MARKET DATA

4.3 $163

$250,000

to $300,000

to $350,000

to $400,000

4.1 $154

20.6 3.2 $135

7.1 8.2 $126

7.3 4.2 $131

to $450,000

to $550,000

to $600,000

to $650,000

to $700,000

to $800,000

to $900,000

to $1,500,000

1.1 6.5 $167

3.0 3.0 $148 $450,001 to $500,000

0.7 3.0 $201

0.6 13.7 $174

- -

0.0 $174

6.0 $233

$237

- -

- -

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 Aiken Multiple Listing Service (MLS). * As of October 13, 2022 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 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 9 25 2.1
$200,001 to
31 90 7.5
$250,001
66 247
$300,001
58 85
$350,001
31 88
$400,001
9 36
7 13
$500,001
2 8
$550,001
8 7
$600,001
4 0 0.0
$650,001
0 1 0.1
$700,001
1 2 0.2
$800,001
2 1 0.1 24.0
$900,001
0 0 0.0
$1.5 mil to Up 0 0 0.0

Absorption Rates October 2022

AIKEN COUNTY RE-SALE MARKET DATA

to $150,000

9.7 1.9 $106 $150,001

15.7 2.1 $128 $200,001 to $250,000

$200,000

17.9 1.2 $142 $250,001 to $300,000

17.3 2.3 $140 $300,001 to $350,000

10.5 1.4 $146

7.9 1.4 $158 $400,001 to $450,000

to $400,000

5.8 1.0 $175 $450,001 to $500,000

3.6 1.4 $194 $500,001 to $550,000

to $600,000

to $650,000

2.8 2.9 $198

2.6 4.6 $191

1.8 4.4 $212

1.0 4.0 $238 $700,001 to $800,000

to $700,000

1.4 4.9 $227 $800,001 to $900,000

1.3 6.8 $267

to $1,500,000

0.5 26.0 $711

1.8 10.4 $330 $1,500,001 and

influenced by land/farms sold with

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 Aiken Multiple Listing Service (MLS). * As of October 13, 2022 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 * Price
houses Price Range Current Active Sold in Last 12 Months Sold Units Per Month No. Months Inventory Sold Average $/Sq. Ft. $100,001
18 116
to
33 188
22 215
40 208
15 126
$350,001
11 95
6 70
5 43
8 33
$550,001
12 31
$600,001
8 22
$650,001
4 12
7 17
9 16
$900,001
19 22
Up 13 6

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