Welcome to the New RealTown! Submit Feedback
Member Login | Join RealTown
The Real Estate Network

Real Estate Blog for the Golden Isles of GA including St. Simons Island, Jekyll Island, Sea Island, and Brunswick, GA.

July Statistics for Glynn County

Aug. 26, 2009
Categorized in: Local Market Conditions
Tagged with: glynn county, statistics

I really enjoy reviewing statistical data.  It can give an accurate picture without individual interpretation. That being said, I went into our local MLS system to compare the number of residential sold transactions in the whole of Glynn County and the average sales price for those recorded transactions for the last 5 years and found the following: 

            July 2009 – 81 transactions with an average sold price of $229,431
            July 2008 – 68 transactions with an average sold price of $240,917
            July 2007 – 120 transactions with an average sold price of $332,635
            July 2006 – 177 transactions with an average sold price of $301,751
            July 2005 – 161 transactions with an average sold price of $302,317
 
The US Census website shows the number of Glynn County residential building permits for the months of July for the last 5 years as follows:
 
July 2009         - 32
July 2008         - 37
July 2007         - 59
July 2006         - 68
July 2005         - 73
 
Our office keeps updated real estate statistics for Glynn County in an Excel worksheet and if you would be interested in reviewing, just give me a call and I’ll be happy to share with you.

Federal Stimulus Monies being directed to Glynn County, GA

Jul. 13, 2009
Categorized in: General Information

Georgia’s coast will soon have a public bus system thanks to $2.5 million in funding from the federal government. The Coastal Regional Careers plans to begin running weekday business hours by late summer, 2009. The fleet of busses will run through Glynn County and neighboring Camden, McIntosh, Long, Chatham, Effingham, Bryan, Liberty and Screven counties for only $3.00 for each county line crossed. Passengers will be able to call a dispatch center to schedule a trip anywhere within the nine counties. A fleet of 60 new vehicles has been ordered, a combo of vans and shuttle buses, all capable of transporting individuals in wheelchairs. If the program is popular enough, hours may be extended and could also run on weekends. 

 The bus service, a project of the Coastal Regional Commission, already runs a transportation service for patients on dialysis and the elderly. The new route will be an expansion of that program.

Statistics for end of 1st Quarter 2009 in Glynn County

Apr. 13, 2009
Categorized in: Local Market Conditions

Here we are at the end of our 1st quarter 2009 and I want to compare the statistics available in our local MLS system for this quarter to both the 4th quarter 2008 as well as to the statistical data for the 1st quarter end of 2008. The statistics below reflect residential sales in Glynn County and do not include land/lots transactions and commercial sales.

 
1st Quarter 2009                                 4th Quarter 2008                     1st 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 1st 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 4th 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 1st 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 1st quarter 2008, there were approx. 1762 properties on the market for sale. At the end of 1st 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 1st 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!

Glynn County, GA can boast of having the 2nd oldest person in the World!

Jan. 9, 2009
Categorized in: Just for Fun!

I keep telling you folks that Glynn County and the Golden Isles of GA is a great place to live and now I have additional “proof.” Our local newspaper recently featured a Brunswick resident who holds the record as the second oldest person in the world. Beatrice Farve of Brunswick celebrated her 113th birthday on January 2nd and the #1 record holder is another woman named Gertrude Baines, age 115, who resides in Los Angeles.   There is an incredible parallel between these two ladies---both are actually Georgia natives! Perhaps our wonderful weather is a key factor to long life---we are enjoying a beautiful 69° currently (1/9/09) and had high 70’s over the past weekend.

 
If this isn’t additional evidence that Georgia is a special place, I don’t know what is! Make your plan to come check us out and be sure to look me up in the Village area of historic St. Simons Island. 

 

Updated Census Survey Results Now Available

Dec. 22, 2008
Categorized in: General Information

The update does not show the 3 county areas of Glynn, Brantley and McIntosh counties in a flattering light in all areas, but the numbers are what they are. This update is based on three years’ of data gathered by the American Community Survey.   I am noting a few highlights:

  1. 3 county area total population of 99,809. With Glynn County as home to 73,276 of them.
  2. 18.1% of population as high school dropouts as compared to national average of 16%. 22% of population with a bachelor’s degree or higher to compare with 27% nationally.
  3. Median household income at $44,613, which is less than the national median of $50,740. (Note: single mother households make up the largest percentage of families living in poverty.)
  4. Our unemployment rate is lower than the national average – 3.1% compared to the national percent of 4.6.
  5. Interestingly, we have a high percentage of military veterans than elsewhere with 14% of our population having served compared to 10.7% in other areas of GA and 10.4% nationally.
  6. Single parent households came in at 8% headed by a mother and 2.7% by a single father. More women live here---52% to the 48% male figure. 
  7. The median age is 37 with 71.3% being white, 23.9 black and 3.6% are Hispanic, Asian or Indian. 

The results of this survey of course lump the 3 county data into one pot. In doing so, it doesn’t take into consideration the individual makeup of just Glynn County. But information is a very good thing and I wanted to pass this along to you.

If you would care to view the full results of the Census survey, go online to:

Real Estate Blog for the Golden Isles of GA including St. Simons Island, Jekyll Island, Sea Island, and Brunswick, GA.

St. Simons Island, Georgia

Read our thoughts on real estate. As local REALTORS® and real estate investors, we believe there are many reasons to invest in real estate and in your lifestyle! Buyers and Sellers are encouraged to post any questions they may have on CMA's, home inspections, contracts, etc. We're here to help!

Subscribe

Your E-mail Address:
Subscribe to:

Recent Comments

RE: Movie Night Under the Stars on St. Simons Island
I don't know why Grease was canceled, nor do...
RE: Movie Night Under the Stars on St. Simons Island
Please let me know when Grease is to be reschedule...
RE: Glynn County, GA Real Estate Statistics
I am interested in seeing all your sales listings&...
RE: Old Town Brunswick is listed on the National Register of Historic Places
Hi Sally!   We own www.historichousesales.co...

Site Feed

RSS Feed