How scorching is the actual property market in Columbia County? Dwelling costs rose yr over yr

The median gross sales value for a single-family dwelling in Columbia County throughout October was $250,000. That is a rise of 8.7% in contrast with October 2020, based on a USA TODAY Community localized evaluation generated with knowledge from Realtor.com.

The variety of homes bought fell by 15.9% from a yr earlier. A complete of 338 homes have been bought countywide throughout the month of October. Throughout the identical interval a yr earlier, 402 single-family houses have been bought.

Actual property gross sales can take weeks or months to be recorded and picked up. That is the most recent knowledge made obtainable by means of Realtor.com to the USA TODAY Community.

Condominiums and townhomes bought in October had a median gross sales value of $173,398. That determine represents a 11.2% enhance year-over-year. In Columbia County, 19 have been bought, up 72.7% from a yr earlier.

Extra: How scorching is the actual property market in Augusta?

How scorching is Columbia County’s actual property market in Georgia?

Data in your native housing markets is offered by means of the USA TODAY Community, with extra knowledge from Realtor.com.

Extra: Study extra knowledge on Columbia County’s actual property market

The highest 10% of the properties bought had costs of no less than $480,000, up 15.7% from a yr earlier than.

In October, three properties bought for $1 million or extra.

The median dwelling sale value – the halfway level of all the homes or items bought over a time period – is used on this report as an alternative of the typical dwelling sale value as a result of consultants say the median presents a extra correct view of what is taking place in a market. To find the typical value, all costs of houses bought are added after which divided by the variety of houses bought. This measure could be skewed by one low or excessive value.

The USA TODAY Community is publishing localized variations of this story on its information websites throughout the nation, generated with knowledge from Realtor.com. The story was written by Sean Lahman.

This text initially appeared on Augusta Chronicle: Columbia County’s common dwelling bought for a better value yr over yr

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