I want to provide some information to show in the residential real estate category (that includes single family homes, duplexes and condos) the amount of inventory and the sales for year 2008. This information was obtained from our local Multiple Listing Service, so of course doesn’t include properties which are not in our MLS system.
In Mainland Brunswick and Jekyll Island, we currently have 1028 listings on the market as of 8/6/08. On St. Simons Island, we have 834 listings on the market for sale. Since the beginning of the year, 294 listings were reported sold in Mainland Brunswick and Jekyll and 177 on St. Simons Island.
Then there is the lot and land category . . .
To date, in the Brunswick/Jekyll Island areas, we have 508 properties for sale. On St. Simons, there are currently 308 properties being marketed on our MLS. The sold figures for lots since the 1st of the year in our MLS system are for the Mainland only 42 and on St. Simons Island only 11. These figures hurt a little to commit to paper and ink; however, they are what they are. Wow! With numbers like this, seller’s need for a good real estate agent is more apparent than ever!
With that said this is a great time for buyers to take advantage of generous inventory to choose from and decreased pricing from a year ago for some very desirable properties. If you’d like to discuss real estate in our Glynn County area, I’d welcome the chance to do so. Give me a call or email me and let’s look into finding you a Golden Isles destination. |