Now that winter seems to have disappeared and spring is here in full force, I would like to take a look at the Grovetown Residential Housing Market for the first quarter of 2011. Please remember we had the First Time Home Buyer Tax Credit available during the first half of 2010 when comparing the numbers from 2011 to 2010.
Grovetown’s Residential Housing Market for 1st QTR 2011:
- 164 Homes Sold vs 192 for 1st QTR 2010
- $160,193 Average Sales Price vs $163,428 1st QTR 2010
- $75.08 Average Price per Square Foot vs $81.59 1st QTR 2010
- 163 Days on Market Average vs 182 Days 1st QTR 2010
The breakdown per month:
Jan 2011 – 44 vs Jan 2010 – 41
Feb 2011 – 45 vs Feb 2010 – 58
Mar 2011 – 75 vs Mar 2010 – 93
The Grovetown subdivisions that sold the most homes during 1st quarter of 2011 were:
Canterbury Farms – 17
High Meadows – 17
Pamir Place – 13
Both High Meadows and Canterbury Farms continue to be popular. I do expect High Meadows’ sales to slow down in the coming months when the subdivision is completed. Pamir Place still has approximately 10 lots remaining and expects to be completed in a couple of months. If you have any questions or would like more information please contact me.
Susan MacEwen, Realtor Your Grovetown Home Hunter! Executive Partners of Augusta Mobile: 706-294-6795 Office: 706-364-7653