Welcome to our monthly real estate market report for Augusta! In this article, we’ll provide a concise overview of the April 2023 statistics from the Augusta Multiple Listing Service (MLS). Whether you’re a buyer, seller, or simply interested in the local market, these figures will offer valuable insights into real estate transactions in our area.
- Pending and Sold Transactions: In April 2023, Augusta experienced 855 pending transactions, reflecting a strong buyer activity. Additionally, 543 properties were successfully sold, indicating a healthy demand for homes in our area.
- Median and Average Prices: The median sold price for homes in Augusta during April 2023 was $283,330. This figure represents the midpoint of all sold prices. The average sold price for the same period was $303,546, taking into account the total sales volume.
- Days on Market: On average, homes in Augusta spent 117 days on the market before being sold. This metric, known as the average days on market, provides insight into market activity and helps set realistic expectations for sellers and buyers.
- Active Listings: As of April 1, 2023, there were 1,529 active listings in Augusta. This number represents the available properties on the market during April 2023, giving potential buyers a range of options to explore.
The real estate market in Augusta remains active, with a considerable number of pending and sold transactions in April 2023. The median and average prices indicate stability and potential value for buyers and sellers. The average days on market and active listings figures offer insights into market conditions and choices available to prospective buyers.