Welcome to our first quarter real estate market update for 2022. I've put some numbers together for you today, that I find interesting. Let's take a look, first with Georgia with Muscogee and Harris county sales results. We don't have an inventory problem. More homes sold in the first quarter of this year than the first quarter of last year, actually 77 more. The average sales price for homes in, these areas is up almost 12% or $24,000. The days on market dropped a little bit. I'm sure that no surprise to any of y'all and the total sales volume. Now we're looking at Russell and Lee county and these stats come from the east Alabama border realtors. Again, we do not have an inventory problem in Russell and Lee county Actually had 63 more transactions this quarter than the previous year. Last year the average sales price is up almost as much as Columbus. It was already a little higher, but the average sales price in the Phenix city market is $252,000. That's the highest it's ever been. Days on market drops, 12 days and the total sales volume, the total Value of the homes that been sold in the first quarter of this year is up 27 million above what it was last year. The biggest takeaway from this information today is one, We don't have an inventory problem because we've sold more properties this quarter than this quarter last, last year. I'm Reynolds Bickerstaff with Bickerstaff Parham real estate. And if you'd like to learn more about what someone like you should do an a more like this contact us today to schedule a real estate review. Our agents are licensed in Alabama and Georgia, and happy to meet with you to learn more about your dreams and desires for your next real estate transaction. We look forward to working with you.
Posted by Reynolds Bickerstaff on