Welcome to our first quarter real estate market update for 2022 I'm Reynolds picker staff. And I've put some numbers together for you today, uh, that I find interesting. So
Speaker 2:
Let's take a look, start out with Georgia. We look at Muskogee 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 look at this. The average sales price for homes in, in these areas is up almost 12% or$24,000 days on market dropped a little bit. I'm sure that no surprise to any of y'all and the total sales volume.
Speaker 1:
I mean,
Speaker 2:
What is the value of the real estate that's sold in the first quarter is up 33 million.
Speaker 1:
Oh, we've had a great first quarter in Musk SCO and Harris county. Let's take a look at Russell and Lee. Now we're looking at Russell and Lee county and these stats come from the east Alabama border realtors.
Speaker 2:
Again, do not have an inventory problem in Russell
Speaker 1:
And Lee county
Speaker 2:
Actually had 63 more transactions this quarter than
Speaker 1:
This quarter.
Speaker 2:
Last year. Look at this average sales prices up almost as much as Columbus. It was already a little higher, but the average sales price in the Phoenix 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
Speaker 1:
Value of
Speaker 2:
The homes that been sold in the first quarter of this year is up 27 million above what it was last year.
Speaker 1:
During that quarter. 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. So total of sales volume is up Average sales price is up,
Speaker 2:
Which means the total
Speaker 1:
Volume of sales is up to I'm Reynolds bicker staff with picker, staff par 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 experiencing license 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.