Richmond County’s average home sold for a higher price year over year
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The median product sales price for a solitary-family members dwelling in Richmond County for the duration of January was $168,000. Which is an boost of 14.7% in comparison with January 2021, in accordance to a United states of america Now Community localized evaluation produced with information from Real estate agent.com.
On a 12 months-about-12 months basis, rates have been climbing for 14 consecutive months. January selling prices are down from $175,000 the past thirty day period.
The number of homes offered rose by 25.9% from a calendar year earlier. A whole of 180 residences have been sold countywide for the duration of the month of January. All through the exact same time period a year before, 143 solitary-spouse and children houses had been bought.
Serious estate revenue can consider weeks or months to be recorded and collected. This is the latest knowledge built offered by way of Real estate agent.com to the United states Nowadays Community.
How hot is Richmond County’s actual estate marketplace in Ga?
Facts on your neighborhood housing markets is available as a result of the United states of america These days Network, with more knowledge from Realtor.com.
In Richmond County the leading 10% of the houses bought had rates of at minimum $335,000, up 23.4% from a 12 months before.
In January, 3 attributes offered for at the very least $1 million, consisting of 3 one-household households.
The median home sale cost — the halfway place of all the residences or models bought around a period of time — is made use of in this report rather of the regular property sale selling price mainly because professionals say the median gives a extra accurate check out of what’s occurring in a current market. In acquiring the common price tag, all price ranges of houses offered are added and then divided by the selection of houses bought. This measure can be skewed by one low or higher price.
What about Columbia County’s very hot genuine-estate market?
Over in Columbia County, the median sales price tag for a house was $245,000, a 9% raise over January 2021. The top rated 10% of attributes in Columbia County offered for $446,000. A person one-family members house sold for much more than $1 million in January.
The United states of america Today Network is publishing localized variations of this story on its information web pages across the region, generated with information from Real estate agent.com. Localized versions are generated for communities where by the knowledge quality and transaction volume satisfies Realtor.com and Usa These days Network expectations. The tale was penned by Sean Lahman.
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