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John Peak
3615 Gentian Blvd,
Columbus, GA 31907
Office: 706-576-2400
Cell: 706-442-1974
Email: jrpventures@aol.com
Realtor

John Peak's Blog
Monthly Market Update-November 2008

Columbus, GA(Muscogee County)      
  Nov-07 Nov-08 Change
Total Homes On The Market(As Of 11/30/08) NA 1,138 NA
Total Homes Sold 127 52 -59%
Total New Listings During This Time Frame 149 168 13%
Median Sold Price $127,900 $124,295 -3%
Average Sold Price $158,852 $147,733 -7%
Average Days on Market 116 129 11%
Total Sold Dollar Volume $20,174,146 $7,682,100 -62%
       
Midland, GA & Harris County      
       
Total Homes On The Market(As Of 11/30/08) NA 468 NA
Total Homes Sold 41 18 -56%
Total New Listings During This Time Frame 42 82 95%
Median Sold Price $230,000 $227,950 -1%
Average Sold Price $237,284 $230,253 -3%
Average Days on Market 176 131 -26%
Total Sold Dollar Volume $9,728,650 $4,144,555 -57%
       
Phenix City, AL (Russell and Lee Counties)      
       
Total Homes On The Market(As Of 11/30/08) NA 779 NA
Total Homes Sold 65 49 -25%
Total New Listings During This Time Frame 94 126 34%
Median Sold Price 151,900 $144,900 -5%
Average Sold Price 155,521 $149,343 -4%
Average Days on Market 140 121 -14%
Total Sold Dollar Volume $10,108,839 $7,317,790 -28%
       
This information is compiled from the Multiple Listing Services     
and represents sales information for all of Columbus, GA and Phenix City,AL area.  

Posted - 1 day ago
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Comments:
Hey John, Interesting blog. I've always loved to read about real estate...wish I had some $$ to invest now, but I don't. Good luck with your business.
Posted By - Patti Trotter - 1 day ago
Hi John, Thanks for the update, things are tough right now. I have not forgotten about bring you my contacts. I will try this week. Keep smiling, Mary Ann Fry NorStar Mtg
Posted By - Mary Ann Fry - 1 day ago
John, Thanks for the market update. It is very interesting and very sad. Polly
Posted By - Polly Chapman - 1 day ago
Looks like a time to buy!
Posted By - Jason - 1 day ago
Thank you John - very informative. I think it is important that we remain positive. Jason is right - it is a Great time to buy and there is no better investment than real estate! Terry
Posted By - Terry Ahern - 1 day ago
Good info John. Very useful to me as an appraiser and an agent. Thanks for passing it along.
Posted By - Jimmy Fullerton - 1 day ago
I feel so much happeir now I understand all this. Thanks!
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