5 Points Athens

Impacts of Covid-19 on Athens Real Estate: The Good and The Bad

This area of the market has performed very well as I noted above. May and June were ahead of 2019 by 30% in pending home sales, and overall values appreciated by an average of 4% from 2019. Most of this gain was seen in homes under $600,000. In some cases, properties over $700,000 have seen a small drop in listing price, but those reduced prices are still in line with values from 2019. We have seen a pent-up demand drive a lot of this activity. Home buyers came out of the gates strong in May and so far the activity remains strong.

Athens Real Estate Update March 2020

Thankfully, it is not raining today in Athens.  I truly believe that the rainy weather has slowed the spring market here in town.  In recent years, the real estate market would usually heat up in January, but this year I feel like we were a little late getting underway.  I know a lot of realtors … Read More

Athens Real Estate Update February 2020

The first month of 2020 is behind us and at this point the real estate market looks very similar to last January. The amount of sold homes in Clarke and Oconee county is almost even when compared to January of 2019. We feel the true numbers are above Jan 2019, because we have seen more and more properties sell off market, and these off market sales don’t always make it into the MLS

A Tale of Two Houses & Why Pricing Matters

The real estate market has been strong over the last several years especially here in Athens.  We have seen the supply and demand graph tilt way towards demand and home values appreciate quickly.  This has been great for homeowners but stressful for buyers.  And like I have said many times, “Trees Don’t Grow to the … Read More