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Saturday, April 9, 2011

Union County Residential Real Estate Market Report - February ...

Blairsville Realty

Median Sold Price by Month
Jan-10 vs. Jan-11: The median sold price is down 5%

Jan-10 vs. Jan-11
Jan-10 152,500
MLS: NEGMLS Property Types: Counties: Period: Union 1 year (monthly) Price:

Jan-11 144,900
All Construction Type:

Change -7,600
All Bedrooms: All

% -5%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Single Family Residential Detached)

Clarus MarketMetrics®

1 of 2
Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

02/07/2011

1 of 20

Chad Lariscy

Blairsville Realty

Median Sold Price by Month
Jan-10 vs. Jan-11: The median sold price is down 5%

Time Period Jan-11 Dec-10 Nov-10 Oct-10 Sep-10 Aug-10 Jul-10 Jun-10 May-10 Apr-10 Mar-10 Feb-10 Jan-10

Median Price 144,900 140,000 140,000 132,500 105,000 144,500 149,000 141,750 138,000 138,500 153,500 136,975 152,500

# Units 15 33 41 33 31 37 31 20 31 18 32 20 20

Average DOM 172 144 184 207 208 172 224 203 138 173 177 100 199

Clarus MarketMetrics®

2 of 2
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02/07/2011

2 of 20

Chad Lariscy

Blairsville Realty

Median For Sale vs. Median Sold
Jan-10 vs. Jan-11: The median price of for sale properties is down 3% and the median price of sold properties is down 5%

Jan-10 vs. Jan-11
Jan-10 189,900
MLS: NEGMLS Property Types: Counties:

Jan-10 vs. Jan-11
% -3%
All Construction Type: All Bedrooms:

Jan-11 185,000
Period: Union 1 year (monthly)

Change -4,900
Price:

Jan-10 152,500
All

Jan-11 144,900
Bathrooms: All

Change -7,600
Lot Size: All Sq Ft: All

% -5%

Residential: (Single Family Residential Detached)

Clarus MarketMetrics®

1 of 2
Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

02/07/2011

3 of 20

Chad Lariscy

Blairsville Realty

Median For Sale vs. Median Sold
Jan-10 vs. Jan-11: The median price of for sale properties is down 3% and the median price of sold properties is down 5%
For Sale Median 185,000 189,000 189,900 189,900 189,000 189,000 189,000 189,000 189,000 189,000 188,000 189,900 189,900 # Properties For Sale 577 633 669 745 749 783 800 774 754 742 750 711 777 Sold Median 144,900 140,000 140,000 132,500 105,000 144,500 149,000 141,750 138,000 138,500 153,500 136,975 152,500 # Properties Sold 15 33 41 33 31 37 31 20 31 18 32 20 20 Price Difference -40,100 -49,000 -49,900 -57,400 -84,000 -44,500 -40,000 -47,250 -51,000 -50,500 -34,500 -52,925 -37,400

Time Period Jan-11 Dec-10 Nov-10 Oct-10 Sep-10 Aug-10 Jul-10 Jun-10 May-10 Apr-10 Mar-10 Feb-10 Jan-10

Clarus MarketMetrics®

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02/07/2011

4 of 20

Chad Lariscy

Blairsville Realty

Sold Properties by Month
Jan-10 vs. Jan-11: The number of Sold properties is down 25%

Jan-10 vs. Jan-11
Jan-10 20
MLS: NEGMLS Property Types: Counties: Period: Union 1 year (monthly) Price: All

Jan-11 15
Construction Type:

Change -5
All Bedrooms: All

% -25%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Single Family Residential Detached)

Clarus MarketMetrics®

1 of 2
Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

02/07/2011

5 of 20

Chad Lariscy

Blairsville Realty

Sold Properties by Month
Jan-10 vs. Jan-11: The number of Sold properties is down 25%

Time Period Jan-11 Dec-10 Nov-10 Oct-10 Sep-10 Aug-10 Jul-10 Jun-10 May-10 Apr-10 Mar-10 Feb-10 Jan-10

# Properties 15 33 41 33 31 37 31 20 31 18 32 20 20

Median Price 144,900 140,000 140,000 132,500 105,000 144,500 149,000 141,750 138,000 138,500 153,500 136,975 152,500

Average DOM 172 144 184 207 208 172 224 203 138 173 177 100 199

Clarus MarketMetrics®

2 of 2
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02/07/2011

6 of 20

Chad Lariscy

Blairsville Realty

Under Contract Properties by Month
Jan-10 vs. Jan-11: The number of Under Contract properties is up 79%

Jan-10 vs. Jan-11
Jan-10 24
MLS: NEGMLS Property Types: Counties: Period: Union 1 year (monthly) Price: All

Jan-11 43
Construction Type:

Change 19
All Bedrooms: All

% +79%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Single Family Residential Detached)

Clarus MarketMetrics®

1 of 2
Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

02/07/2011

7 of 20

Chad Lariscy

Blairsville Realty

Under Contract Properties by Month
Jan-10 vs. Jan-11: The number of Under Contract properties is up 79%

Time Period Jan-11 Dec-10 Nov-10 Oct-10 Sep-10 Aug-10 Jul-10 Jun-10 May-10 Apr-10 Mar-10 Feb-10 Jan-10

# Properties 43 19 27 48 34 37 27 31 21 29 30 19 24

Median Price 139,900 159,000 144,900 159,450 132,450 126,900 160,000 158,000 149,900 149,900 147,500 169,500 152,450

Average DOM 161 146 151 217 180 213 160 217 152 160 143 175 176

Clarus MarketMetrics®

2 of 2
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02/07/2011

8 of 20

Chad Lariscy

Blairsville Realty

New Properties by Month
Jan-10 vs. Jan-11: The number of New properties is down 37%

Jan-10 vs. Jan-11
Jan-10 83
MLS: NEGMLS Property Types: Counties: Period: Union 1 year (monthly) Price: All

Jan-11 52
Construction Type:

Change -31
All Bedrooms: All

% -37%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Single Family Residential Detached)

Clarus MarketMetrics®

1 of 2
Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

02/07/2011

9 of 20

Chad Lariscy

Blairsville Realty

New Properties by Month
Jan-10 vs. Jan-11: The number of New properties is down 37%

Time Period Jan-11 Dec-10 Nov-10 Oct-10 Sep-10 Aug-10 Jul-10 Jun-10 May-10 Apr-10 Mar-10 Feb-10 Jan-10

# Properties 52 43 45 73 63 70 98 84 79 83 99 61 83

Median Price 169,500 139,900 169,900 175,000 175,000 175,000 197,450 164,894 169,000 199,500 169,000 174,700 165,000

Clarus MarketMetrics®

2 of 2
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02/07/2011

10 of 20

Chad Lariscy

Blairsville Realty

For Sale Properties by Month
Jan-10 vs. Jan-11: The number of For Sale properties is down 26%

Jan-10 vs. Jan-11
Jan-10 777
MLS: NEGMLS Property Types: Counties: Period: Union 1 year (monthly) Price: All

Jan-11 577
Construction Type:

Change -200
All Bedrooms: All

% -26%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Single Family Residential Detached)

Clarus MarketMetrics®

1 of 2
Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

02/07/2011

11 of 20

Chad Lariscy

Blairsville Realty

For Sale Properties by Month
Jan-10 vs. Jan-11: The number of For Sale properties is down 26%

Time Period Jan-11 Dec-10 Nov-10 Oct-10 Sep-10 Aug-10 Jul-10 Jun-10 May-10 Apr-10 Mar-10 Feb-10 Jan-10

# Properties 577 633 669 745 749 783 800 774 754 742 750 711 777

Median Price 185,000 189,000 189,900 189,900 189,000 189,000 189,000 189,000 189,000 189,000 188,000 189,900 189,900

Average DOM 282 301 310 318 330 341 350 364 378 387 391 408 405

Clarus MarketMetrics®

2 of 2
Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

02/07/2011

12 of 20

Chad Lariscy

Blairsville Realty

Expired Properties by Month
Jan-10 vs. Jan-11: The number of Expired properties is down 49%

Jan-10 vs. Jan-11
Jan-10 103
MLS: NEGMLS Property Types: Counties: Period: Union 1 year (monthly) Price: All

Jan-11 53
Construction Type:

Change -50
All Bedrooms: All

% -49%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Single Family Residential Detached)

Clarus MarketMetrics®

1 of 2
Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

02/07/2011

13 of 20

Chad Lariscy

Blairsville Realty

Expired Properties by Month
Jan-10 vs. Jan-11: The number of Expired properties is down 49%

Time Period Jan-11 Dec-10 Nov-10 Oct-10 Sep-10 Aug-10 Jul-10 Jun-10 May-10 Apr-10 Mar-10 Feb-10 Jan-10

# Properties 53 89 52 73 43 60 60 41 43 38 61 41 103

Median Price 215,000 207,000 224,950 199,999 174,000 199,950 199,450 199,900 170,000 194,650 212,000 219,900 169,900

Average DOM 312 297 277 300 275 302 296 256 311 292 288 286 305

Clarus MarketMetrics®

2 of 2
Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

02/07/2011

14 of 20

Chad Lariscy

Blairsville Realty

Supply & Demand by Month
Jan-10 vs. Jan-11: The number of for sale properties is down 26% and the number of sold properties is down 25%

Jan-10 vs. Jan-11
Jan-10 777
MLS: NEGMLS Property Types: Counties:

Jan-10 vs. Jan-11
% -26%
All Construction Type: All Bedrooms:

Jan-11 577
Period: Union 1 year (monthly)

Change -200
Price:

Jan-10 20
All

Jan-11 15
Bathrooms: All

Change -5
Lot Size: All Sq Ft: All

% -25%

Residential: (Single Family Residential Detached)

Clarus MarketMetrics®

1 of 2
Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

02/07/2011

15 of 20

Chad Lariscy

Blairsville Realty

Supply & Demand by Month
Jan-10 vs. Jan-11: The number of for sale properties is down 26% and the number of sold properties is down 25%
# Properties For Sale 577 633 669 745 749 783 800 774 754 742 750 711 777 Average DOM For Sale 282 301 310 318 330 341 350 364 378 387 391 408 405 # Properties Sold 15 33 41 33 31 37 31 20 31 18 32 20 20 Average DOM Sold 172 144 184 207 208 172 224 203 138 173 177 100 199

Time Period Jan-11 Dec-10 Nov-10 Oct-10 Sep-10 Aug-10 Jul-10 Jun-10 May-10 Apr-10 Mar-10 Feb-10 Jan-10

Clarus MarketMetrics®

2 of 2
Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

02/07/2011

16 of 20

Chad Lariscy

Blairsville Realty

The Average Days on Market by Month
Jan-10 vs. Jan-11: The average days on market is down 8%

Jan-10 vs. Jan-11
Jan-10 176
MLS: NEGMLS Property Types: Counties: Period: Union 1 year (monthly) Price: All

Jan-11 161
Construction Type:

Change -15
All Bedrooms: All

% -8%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Single Family Residential Detached)

Clarus MarketMetrics®

1 of 2
Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

02/07/2011

17 of 20

Chad Lariscy

Blairsville Realty

The Average Days on Market by Month
Jan-10 vs. Jan-11: The average days on market is down 8%

Time Period Jan-11 Dec-10 Nov-10 Oct-10 Sep-10 Aug-10 Jul-10 Jun-10 May-10 Apr-10 Mar-10 Feb-10 Jan-10

Average DOM 161 146 151 217 180 213 160 217 152 160 143 175 176

# UC Units 43 19 27 48 34 37 27 31 21 29 30 19 24

Clarus MarketMetrics®

2 of 2
Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

02/07/2011

18 of 20

Chad Lariscy

Blairsville Realty

Months Supply of Inventory
Jan-10 vs. Jan-11: The average months supply of inventory is down 59%

Jan-10 vs. Jan-11
Jan-10 27.1
MLS: NEGMLS Property Types: Counties: Period: Union 1 year (monthly) Price: All

Jan-11 11.2
Construction Type:

Change -15.9
All Bedrooms: All

% -59%
Bathrooms: All Lot Size: All Sq Ft: All

Residential: (Single Family Residential Detached)

Clarus MarketMetrics®

1 of 2
Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

02/07/2011

19 of 20

Chad Lariscy

Blairsville Realty

Months Supply of Inventory
Jan-10 vs. Jan-11: The average months supply of inventory is down 59%
# Units For Sale Last Day of Month 481 525 590 624 672 686 713 702 690 675 659 651 650 # UC Units During Month 43 19 27 48 34 37 27 31 21 29 30 19 24 UC Average DOM 161 146 151 217 180 213 160 217 152 160 143 175 176

Time Period Jan-11 Dec-10 Nov-10 Oct-10 Sep-10 Aug-10 Jul-10 Jun-10 May-10 Apr-10 Mar-10 Feb-10 Jan-10

MSI 11.2 27.6 21.9 13.0 19.8 18.5 26.4 22.6 32.9 23.3 22.0 34.3 27.1

Clarus MarketMetrics®

2 of 2
Information not guaranteed. © 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

02/07/2011

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