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Home Inventory Decreasing in Glynn County

There is more good news to report in the local real estate market: the Glynn County real estate market is more dynamic and the inventory of available homes is decreasing compared to the same time last year. Both are clear signs of a strengthening market.

On St. Simons specifically, compared to July 1st last year there is a 19% reduction* in the number of homes for sale on St. Simons Island.  Also, the average number of days an active listing has been on the market decreased by 39% compared to the active listings this time last year.

Whether selling, buying or both, it is important to note that our local real estate market is changing. Make certain you are aware of the latest local market data to make the best decisions.

*According to the Golden Isles Multiple Listing Service as of July 1, 2013

ST SIMONS ONLY Historical Active 7/1/12 Historical Active 7/1/13 % change
Total Count 383 310 -19.06%
Average Days on Market 497 294 -40.85%
Average List Price $681,158 $773,422 13.55%

Including Areas: S1: South SSI, S2: Mid-South SSI, S3: Mid-North SSI, S4: North SSI

 

BRUNSWICK ONLY Historical Active 7/1/12 Historical Active 7/1/13 % change
Total Count 538 511 -5.02%
Average Days on Market 442 273 -38.24%
Average List Price $195,118 $198,303 1.63%

Including Areas: G1: Central Glynn County, G2: North Glynn County, G3: West Glynn County, B1: Brunswick

 

ALL AREAS Historical Active 7/1/12 Historical Active 7/1/13 % change
Total Count 921 821 -10.86%
Average Days on Market 465 281 -39.57%
Average List Price $397,239 $415,461 4.59%

Including Areas: G1: Central Glynn County, G2: North Glynn County, G3: West Glynn County, B1: Brunswick, S1: South SSI, S2: Mid-South SSI, S3: Mid-North SSI, S4: North SSI

 

 

 

 

 

 

 

 

 

 

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