If you are thinking about buying or selling a home in Athens, Georgia, now is a good time to get familiar with what is happening in our local market. Homes here are selling for about $355,000 on average, just slightly more than last year.
Homes are taking a little longer to sell than they used to, about 49 days on average. But do not let that fool you: homes in popular neighborhoods can still go under contract in as little as three weeks. Most homes are selling close to their asking price, so sellers who price fairly are still seeing strong results.
Buyers also have more options right now, with around 700 homes on the market across Athens-Clarke County. Prices vary quite a bit depending on where you look. Some neighborhoods have homes priced around $325,000, while areas like Normaltown can run well over $550,000.
Whether you are buying your first home, moving up, or getting ready to sell, knowing these numbers can help you make a smart move. As your local Athens real estate expert, I keep a close eye on these trends so you do not have to. If you would like to talk about what this means for your neighborhood or your property, reach out anytime.