Real Estate Market

Athens Residential Market Update

Average sales price and total sold dollar volume fell slightly from December to January. Sales from January '10 are consistent with what we saw in January '09 in terms of number of sales and total volume. The Federal Home Buyer Tax Credit, which was extended until Spring, will hopefully increase sales numbers in the coming months.

Units Sold Average Sold Price Sold Volume

Jan 09 40 $149,240 $ 5,969,600

Feb 09 51 $151,508 $ 7,726,901

Mar 09 55 $142,995 $ 7,864,726

Apr 09 55 $178,153 $ 9,798,411

May 09 92 $174,698 $16,072,177

Jun 09 110 $157,831 $17,361,458

Jul 09 124 $149,275 $18,510,150

Aug 09 83 $166,926 $13,854,851

Sep 09 59 $165,777 $ 9,780,825

Oct 09 72 $166,559 $11,992,252

Nov 09 70 $163,907 $11,473,500

Dec 09 42 $153,048 $ 6,428,010

Jan 10 43 $131,768 $ 5,666,037

Source: Athens Association of Realtors/ NAR Residential Report

Five Winter Staging Tips

When selling your home in the winter, the art of staging the inside becomes more important. Here are five simple tips that can help you sell your home shine even when the outside landscaping has faded:

Keep your house warm. In the winter people tend to turn the thermostat down to save money, however a warmer house is more welcoming to a potential buyer.
Clear your walkways and driveways of any snow or ice. Make it easy for buyers to get to your home.
Clean the windows and blinds. Letting in the natural light can brighten up a room and cheer up the home. This also brings attention to the windows and blinds so make sure they are clean even during winter. Dirty windows will make the home seem as those it's not well maintained.
Background music played softly can completely change the atmosphere making the home seem cozy and keep potential buyers around longer. Stick with classical music which can appeal to anyone.
Leave the light on. Before showing a home, make sure it's well lit. A well lit home is more inviting. If you're not home, consider setting up timers.

Following these simple tips can give your house that added boost in today's competitive market. For information on selling in our local market, please feel free to call and ask for a computer analysis of our recent market activity. We would be more than happy answer any questions you might have!

Athens Awards Winners

Many awards were handed out at last week at the Athens Area Chamber of Commerce meeting at the Classic Center including the Athena Award and the Spirit of Athens Award. Click here for a complete list of winners:

http://www.onlineathens.com/stories/020910/new_560257820.shtml

Source: Athens Banner Herald

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