The Augusta, GA housing market is currently one of the stronger markets in the country. Even with that being said home sales are slower this year than last year during this same time frame. Here is a brief look at the Greater Augusta Residential Housing Market for August 2010:
- 400 Residential Properties sold vs. 457 for August 2009. (About 14% decrease.)
- Cheapest House Sold for $3,500
- Most Expensive House Sold for $763,900
The Cheapest Property was a Fannie Mae Home Path house which means it was a foreclosure. This property was in need of extensive work and was most likely purchased by an investor. This is the perfect investment property to use as a rental.
The Most Expensive Property was a 5,507 square foot home located in the Estate Section of Rhode’s Farms in Martinez, GA. This home was in pristine condition and sold for $86,000 less than the asking price.
The most popular subdivision in Augusta during the month of August was Willhaven. There was a total of 12 Homes that were sold varying in price from $155,360 for 2,585 square feet to $187,720 for 3,000 square feet. Willhaven is a Crown Communities Property and is located on Gordon Highway across from Fort Gordon Army Installation.
There are currently 4,261 Residential Properties for Sale in the Greater Augusta Area. If you have any questions about Augusta Homes or would like a more detailed report just give me a call!Susan MacEwen, Realtor Your Greater Augusta Home Hunter! Keller Williams Realty Augusta Partners Mobile: 706-294-6795 Office: 706-868-3772 x207 Web: www.AugustaHomeHunter.com