1^st Quarter 2009                                 4^th Quarter 2008                     1^st Quarter 2008

# of sales – 129                                    # of sales – 216                        # of sales – 154

Avg. List - $244,751                            Avg. List - $355,212                Avg. List - $389,496

Avg. Sold- $222,903                           Avg. Sold -$327,318               Avg. Sold -$357,300

Avg. % to List – 91.0%                        Avg. % to List – 92.1%            Avg. % to List – 91.7%

 

For the 1^st quarter 2009, the Glynn County area with the most transactions closed was North Glynn County with 38 closed sales and an average sold price of $194,885 for that area. The St. Simons area with the most transactions was the South end with 12 closed and an average sold price of $331,741. 

 

For the 4^th quarter 2008, the most sold transactions were found again in North Glynn with 50 sales and an average sold price of $191,466. The St. Simons South end also had the most Island transactions number of 13 sales averaging $592,900. 

 

At the end 1^st quarter 2008, North Glynn had the County’s most transactions at 60 sold with and average sold price of $197,411. The South end of St. Simons had 26 sales recorded with an average closed price of $748,519 for that area of the Island.

 

To compare the amount of inventory from 2008 to 2009 for residential Glynn County, at the end of 1^st quarter 2008, there were approx. 1762 properties on the market for sale. At the end of 1^st quarter 2009, we had 1919 properties for sale on the Mainland and the Islands. These figures should echo what every realtor breathing has been saying, “We are in a Buyer’s Market with great inventory to choose from and better prices.” 

 

Add to generous inventory and great prices, there is the 1^st time homebuyer’s credit available that doesn’t have to be repaid as long as you stay in the home at least 3 years.   If you are interested in more detailed information on any particular Glynn County area, please let me know and I will gladly provide. I hope if you have wanted to purchase a home or make a change in your current living arrangements, you will give Beachcomber an opportunity to assist you!