For those of you who are interested in Glynn County real estate statistics, you’ve come to the right place. At the Classic Coastal Homes group, we are constantly staying abreast of St. Simons Island real estate and Brunswick, Georgia real estate trends to ensure our clients receive the most comprehensive information available. Understanding market statistics is imperative for both buyers and sellers. Whether you are looking to price your home for sale or are laying out your negotiation strategy for a new home, sound real estate decisions are made using comparable data. With that being said – Let’s talk about June 2011.
St. Simons Island saw 33 residential sales during the month of June 2011, down approximately 10 units from the same month in 2010. Included in these 33 sales where 13 foreclosures or short sales. Additionally, of these 33 sales, 6 where condominiums or townhomes. The average list price of these properties was $435,333 with an average selling price of $389,264. These numbers give us a 90.2% list to sold value, meaning sellers on average received 90.2% of their asking price.
The Mainland on the other hand saw 52 residential sales during June 2011 which is fairly comparable to June 2010. The average list price of these properties was just over $121,000 with an average sales price of $114,195. Much like the Island, sellers saw (on average) 93% of their asking price and an average days on market number of 191 days. Of these 52 properties, 15 where listed as foreclosures or possible short sales.
Totaling 85 residential units sold across Glynn County, June 2011 saw $20,665,694 in total transaction dollars. And, homes between $100,000 and $199,999 saw the most activity with 26 sales coming from this price range. 
While this total dollar number is down almost 16% from the same time in 2010, we are hopeful the increase of activity we saw from January to April of this year will return. Click here to view all 85 transactions. {Link will expire in 30 days. Page will take some time to load & you will be redirected via a safe redirect page.}
You’ve taken the first step by searching for more information regarding the real estate market in our area. Now, take the next step towards your success! Whether you are considering the purchase or sale of Brunswick, Georgia or St. Simons Island real estate, contact us today to schedule a consultation. We stand ready to assist you and welcome the opportunity to earn your trust and business. Learn more about the Classic Coastal Homes group on our website (Voted best local website 2011 by the readers of Elegant Island Living), or join in the conversation on our Facebook page. Thank you for visiting and have a great day!
