4th Quarter Absorption Rates October 2022
Absorption Rates October 2022 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
$200,001 to $250,000
2020
$
116
899
$
312,000
$250,001 to $300,000
2021
$
134
856
$
368,400
$300,001 to $350,000
Price Range $100,001 to $150,000 $150,001 to $200,000
$350,001 to $400,000 $400,001 to $450,000 $450,001 to $500,000
Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale to understand the market place.
$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 obtain from the Greater Augusta Multiple Listing Service (MLS). * As of October 13, 2022 Information is deemed to be accurate but not warranted.
$1.5 mil to Up
Current Active
Sold in Sold Units No. Sold Last 12 Per Months Average Months Month Inventory $/Sq. Ft.
0 2
0
0.0
-
-
8
0.7
3.0
$148
9 31
87
7.3
1.2
$163
98
8.2
3.8
$153
48 52
186
15.5
3.1
$147
233
19.4
2.7
$139
50 25
102
8.5
5.9
$139
60
5.0
5.0
$153
18 11
47
3.9
4.6
$165
58
4.8
2.3
$165
2 4
26
2.2
0.9
$181
7
0.6
6.9
$184
2 1
5
0.4
4.8
$185
3
0.3
4.0
$191
0 0
8
0.7
0.0
$218
3
0.3
0.0
$257
Absorption Rates October 2022 COLUMBIA COUNTY RE-SALE MARKET DATA Year
Avg $/SqFt
Units Closed
Avg Sales $
2017
$
93
2379
$
217,000
2018
$
97
2504
$
238,000
2019
$
101
2734
$
245,300
$200,001 to $250,000
2020
$
109
2820
$
269,500
$250,001 to $300,000
2021
$
125
3885
$
304,500
Price Range $100,001 to $150,000 $150,001 to $200,000
$300,001 to $350,000 $350,001 to $400,000 $400,001 to $450,000 $450,001 to $500,000
Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale to understand the market place.
$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 obtain from the Greater Augusta Multiple Listing Service (MLS). * As of October 13, 2022 Information is deemed to be accurate but not warranted.
$1.5 mil to Up
Current Active 4 14
Sold in Sold Units No. Last 12 Per Months Months Month Inventory
Sold Average $/Sq. Ft.
64
5.3
0.8
$112
304
25.3
0.6
$129
28 43
637
53.1
0.5
$135
630
52.5
0.8
$134
30 42
468
39.0
0.8
$133
347
28.9
1.5
$133
19 18
172
14.3
1.3
$135
96
8.0
2.3
$146
7 9
86
7.2
1.0
$155
50
4.2
2.2
$169
3 6
40
3.3
0.9
$168
30
2.5
2.4
$166
4 3
21
1.8
2.3
$163
14
1.2
2.6
$181
8 1
29
2.4
3.3
$224
3
0.3
4.0
$327
Absorption Rates October 2022 RICHMOND COUNTY NEW CONSTRUCTION MARKET DATA Year
Avg $/SqFt
Units Closed
Avg Sales $
2017
$
90
257
$
215,000
2018
$
93
297
$
218,000
$150,001 to $200,000
2019
$
98
250
$
221,900
$200,001 to $250,000
2020
$
105
353
$
228,500
$250,001 to $300,000
2021
$
116
436
$
259,000
Price Range $100,001 to $150,000
$300,001 to $350,000 $350,001 to $400,000 $400,001 to $450,000
$450,001 to $500,000
Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale to understand the market place.
$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 obtain from the Greater Augusta Multiple Listing Service (MLS). * As of October 13, 2022 Information is deemed to be accurate but not warranted.
$1.5 mil to Up
Current Active 1 1
Sold in Sold Units No. Last 12 Per Months Months Month Inventory
Sold Average $/Sq. Ft.
2
0.2
6.0
$97
16
1.3
0.8
$104
89
7.4
0.9
$136
142
11.8
1.3
$138
33 13
53
4.4
7.5
$133
34
2.8
4.6
$132
3 0
13
1.1
2.8
$131
2
0.2
0.0
$168
1 0
0
0.0
-
-
0
0.0
-
-
0 0
2
0.2
-
$228
0
0.0
-
-
0 0
1
0.1
-
$218
0
0.0
-
-
0 0
0
0.0
-
-
0
0.0
-
-
7 15
Absorption Rates October 2022 RICHMOND COUNTY RE-SALE MARKET DATA 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 $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 to understand the market place.
$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 obtain from the Greater Augusta Multiple Listing Service (MLS). * As of October 13, 2022 Information is deemed to be accurate but not warranted.
$1.5 mil to Up
Current Active
Sold in Sold Units No. Last 12 Per Months Months Month Inventory
Sold Average $/Sq. Ft.
46 74
444
37.0
1.2
$97
645
53.8
1.4
$115
41 39
397
33.1
1.2
$127
275
22.9
1.7
$131
13 5
138
11.5
1.1
$128
52
4.3
1.2
$140
5 5
23
1.9
2.6
$149
17
1.4
3.5
$143
2 1
5
0.4
4.8
$179
6
0.5
2.0
$164
2 1
7
0.6
3.4
$187
2
0.2
6.0
$202
6 0
14
1.2
5.1
$185
4
0.3
0.0
$194
5 1
11
0.9
5.5
$268
5
0.4
2.4
$335
Absorption Rates October 2022 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
$200,001 to $250,000
2020
$
112
605
$
249,700
$250,001 to $300,000
2021
$
124
778
$
283,000
Price Range $100,001 to $150,000 $150,001 to $200,000
$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 to understand the market place.
$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 obtain from the Greater Aiken Multiple Listing Service (MLS). * As of October 13, 2022 Information is deemed to be accurate but not warranted.
$1.5 mil to Up
Current Active 0 9
Sold in Sold Units No. Last 12 Per Months Months Month Inventory
Sold Average $/Sq. Ft.
0
0.0
-
-
25
2.1
4.3
$163
90
7.5
4.1
$154
247
20.6
3.2
$135
58 31
85
7.1
8.2
$126
88
7.3
4.2
$131
9 7
36
3.0
3.0
$148
13
1.1
6.5
$167
2 8
8
0.7
3.0
$201
7
0.6
13.7
$174
4 0
0
0.0
-
-
1
0.1
0.0
$174
1 2
2
0.2
6.0
$233
1
0.1
24.0
$237
0 0
0
0.0
-
-
0
0.0
-
-
31 66
Absorption Rates October 2022 AIKEN COUNTY RE-SALE MARKET DATA Year
Avg $/SqFt
Units Closed
Avg Sales $
2017
$
89
877
$
190,800
2018
$
97
1114
$
201,700
$150,001 to $200,000
2019
$
101
1086
$
222,300
$200,001 to $250,000 $250,001 to $300,000
2020
$
114
1158
$
255,000
2021
$
134
1293
$
298,145
Price Range $100,001 to $150,000
$300,001 to $350,000 $350,001 to $400,000 $400,001 to $450,000 $450,001 to $500,000
Absorption Rates are a calculation used to determine how many months of inventory are currently available for sale to understand the market place.
$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 obtain from the Greater Aiken Multiple Listing Service (MLS). * As of October 13, 2022 Information is deemed to be accurate but not warranted.
$1,500,001 and Up
Current Active
Sold in Sold Units No. Last 12 Per Months Months Month Inventory
Sold Average $/Sq. Ft.
18 33
116
9.7
1.9
$106
188
15.7
2.1
$128
22 40
215
17.9
1.2
$142
208
17.3
2.3
$140
15 11
126
10.5
1.4
$146
95
7.9
1.4
$158
6 5
70
5.8
1.0
$175
43
3.6
1.4
$194
8 12
33
2.8
2.9
$198
31
2.6
4.6
$191
8 4
22
1.8
4.4
$212
12
1.0
4.0
$238
7 9
17
1.4
4.9
$227
16
1.3
6.8
$267
19 13
22
1.8
10.4
$330
6
0.5
26.0
$711
* Price influenced by land/farms sold with houses