Madison County, GA Real Estate News

By Michelle DeRepentigny, Broker Athens, GA
(Success Realty)
Convenient to Athens, GA located just inside Madison County at 611 Piedmont Road, Hull, Ga 30646         Features a fully renovated kitchen with new cabinets, new countertops, new stainless steel appliances, and new flooring. New carpet in all bedrooms!   New laminate wood floors in the living room and hallway.   New tankless water heater – super efficient!   New light fixtures, including gorgeous ceiling fans.   New exterior doors. New windows!   New paint on interior and exterior!   The bathrooms have been updated with new fixtures and tile recently.   New moisture barrier! Updated throughout!   Features great fenced rear yard, and a huge covered patio.        
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By Michelle DeRepentigny, Broker Athens, GA
(Success Realty)
The Colbert, GA Independence Day Celebration 2011 is scheduled to take place this Saturday on July 2, 2011 in downtown Colbert due to July 4th being on a Monday this year. The parade will begin at 9am again this year, in an attempt to beat the heat! As always, there will be a crafts festival, great music, and fabulous food available. Plan to spend the day in downtown Colbert, GA just northeast of Athens, GA at the Independence Day celebration this Saturday July 2, 2011 from 9am until 2pm or so! **Also of note, this is a dog friendly event however leash and common courtsey required :) (please clean up after your pup!).** Hope to see you there!
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Crawford W. Long Statue Behind Historic Madison County Ga Courthouse During the month of March 2011, the Madison County Ga real estate market had the most active month for total sales since June of 2010. Only this year, the sales were not driven by the need to close on homes by the end of June in order to get the Home Buyers Tax Credit. At the end of March, there were 314 active listings in Madison County. 155 of those were residential listings and 136 farm, lot and land listings. 34 of the residential listings and 30 of the farm, lot and land listings are REO/foreclosure properties while another 3 of the residential listings are short sales.In addition, there are 31 listings under contract and pending sale, 22 residential and 7 farm/lot and land listings. During March there were 17 to...
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What happenned in 2010? 2010 was a challenging year for real estate across the country. While Madison County Ga did not escape those challenges the presence of the University of Georgia in neighboring Athens and an unemployment rate that remained below both the state and national averages  kept the real estate market a little bit more stable than in many areas of the country as well as Georgia. The numbers: Chart 1, below, shows how the 2010 residential real estate market faired against the 2009 market as far as total sales and Days on Market. In 2009, there were 166 residental units sold in Madison County Ga. In 2010 that number decreased by just over 8.6% to 143 units. During the same period the percentage of sales that were foreclosure property sales went in the opposite direction th...
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By Michelle DeRepentigny, Broker Athens, GA
(Success Realty)
Madision County, Georgia real estate market statistics, what a wild ride this county has taken lately. The Good: There are excellent deals to be found!  As of 10/7/2010 there are 104 single family homes on the market listed for under $200,000.  List prices start at $48,000. The Bad:  Sellers of homes listed at over $200,000 are finding buyers to be very scarce.  Year to date in 2010, ther have only been 9 sales in Madison County, GA over $200,000; with sales prices ranging from $200,000 to $349,000. Currently there are 41 active listings in Madison County, GA (per Athens MLS) ranging from $200,000 to $875,000. The Ugly: In September 2010, there were only 13 sales in Madison County, GA of which 10 were REO sales (homes that had been foreclosed upon and were bank owned at the time of res...
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By Matt Thomas
(Atlas Real Estate Advisors)
In the past couple of months, I've found myself representing multiple buyers looking for homes in Madison County for their first home purchase. And, there are some great deals out there! Multiple new neighborhoods have builder foreclosures, and many short-sale opportunities are available as well. The $100-150k price range has multiple options, both new and resale. If you're a first-time buyer considering the purchase of a home in Madison County, please call or email me today for a complete list of all available properties.
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In Madison County, GA, for the week ending Dec. 6, 2009 the real estate market looks like this: There are 365 active listings, 20 fewer listings than in the previous report, of which 174 are residential and 44 are farm and land. There are 35 listings under contract, and this is 1 more listing under contract from the previous report. For the period of  Nov 29 - Dec. 6, 2009 there were 0 closed residential transaction and 1 closed farm and land transaction in Madison County. This total is down 1 from the previous reporting period. For more information on Madison County, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Madison County please visit my website The At...
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By Mike Saunders
(Retired)
Just a short drive northeast of Athens, Ga, along U.S. Highway 29, sits the small town of Danielsville, Ga. Founded in 1817, Danielsville is the county seat for Madison County. Danielsville is named after General Allen Daniel, an officer of the militia, who also served as captain in the Revolutionary War. The original public buildings in the town were built on land provided by General Daniel. It's historic courthouse (which is no longer in use as a courthouse) was built in 1901 and is on the national register of historic buildings. The courthouse sits on a square in the center of town, dividing the north-south lanes of higway 29 On the grounds surrounding the courthouse a statue of Dr. Crawford W. Long can be found. Dr. Long introduced the use of ether as an anesthetic during surgery, o...
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In Madison County, GA, for the week ending Nov. 29, 2009 the real estate market looks like this: There are 385 active listings, 30 more listings than in the previous report, of which 178 are residential and 44 are farm and land. There are 34 listings under contract, and this is 5 fewer listings under contract from the previous report. For the period of  Nov. 23 - Nov 29, 2009 there were 2 closed residential transaction and 0 closed farm and land transactions in Madison County. This total is down 2 from the previous reporting period. For more information on Madison County, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Madison County please visit my website Th...
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October 2009 residential real estate sales volume in Madison County GA, showed a decrease from September. This marks 3 consecutive months of declining sales volume which has reached a 12 month low. All of the declines were in North Madison County while the volume in South Madison County was unchanged. The average Days on Market (D.O.M.) increased by more than a week throughout the county. However, North Madison County did experience a two week decrease in D.O.M. while South Madison County had a 10 day increase. Throughout the county median prices have remained virtually flat for 8 months now showing some price stabilization. The average price, while increasing almost 2% over September has cycled within a $5000 range (4%) for seven months, again, showing some price stabilization. North ...
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In Madison County, GA, for the week ending Nov. 1, 2009 the real estate market looks like this: There are 358 active listings, 12 fewer than in the previous report, of which 168 are residential and 37 are farm and land. There are 37 listings under contract, the same number of listings under contract from the previous report. For the period of  Oct. 26 - Nov 1, 2009 there was 1 closed residential transaction and 0 closed farm and land transactions in Madison County. This total is down 1 from the previous reporting period. For more information on Madison County, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Madison County please visit my website The Athens Rea...
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In Madison County, GA, for the week ending Oct. 25, 2009 the real estate market looks like this: There are 370 active listings, the same as in the previous report, of which 178 are residential and 39 are farm and land. There are 37 listings under contract, down 1 listing from the previous report. For the period of  Oct. 19 - Oct. 25, 2009 there was 1 closed residential transaction and 1 closed farm and land transaction in Madison County. This total is down 1 from the previous reporting period. For more information on Madison County, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Madison County please visit my website The Athens Real Estate Page. Note: All dat...
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In Madison County, GA, for the week ending Oct. 11, 2009 the real estate market looks like this: There are 370 active listings, down 7 from the previous report, of which 175 are residential and 41 are farm and land. There are 37 listings under contract, down 1 listing from the previous report. For the period of  Oct. 5 - Oct. 11, 2009 there was 1 closed residential transaction and 1 closed farm and land transaction in Madison County. This total is down 1 from the previous reporting period. For more information on Madison County, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Madison County please visit my website The Athens Real Estate Page. Note: All data is...
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  In Madison County, GA, for the week ending Oct. 4, 2009 the real estate market looks like this: There are 377 active listings, down 11 from the previous report, of which 177 are residential and 41 are farm and land. There are 38 listings under contract, up 1 listing from the previous report. For the period of Sep. 28 - Oct. 4, 2009 there were 3 closed residential transactions and 0 closed farm and land transaction in Madison County. This total is down 1 from the previous reporting period. For more information on Madison County, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Madison County please visit my website The Athens Real Estate Page. Note: All data i...
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  In Madison County, GA, for the week ending Sep 27, 2009 the real estate market looks like this: There are 388 active listings, up 1 from the previous report, of which 186 are residential and 42 are farm and land. There are 37 listings under contract, down 3 listings from the previous report. For the period of Sep. 21 - Sep 27, 2009 there were 2 closed residential transactions and 2 closed farm and land transaction in Madison County. This total is up 2 from the previous reporting period. For more information on Madison County, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Madison County please visit my website The Athens Real Estate Page. Note: All data is t...
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      In Madison County, GA, for the week ending Sep 20, 2009 the real estate market looks like this: There are 387 active listings, up 4 from the previous report, of which 187 are residential and 40 are farm and land. There are 40 listings under contract, no change from the previous report. For the period of Sep.14 - Sep 20, 2009 there was 2 closed residential transactions and 1 closed farm and land transaction in Madison County. This total is up 2 from the previous reporting period. For more information on Madison County, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Madison County please visit my website The Athens Real Estate Page. Note: All data is taken...
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Madison County GA Weekly Real Estate Market Report & Stats, 9/6/2009   In Madison County, GA, for the week ending Sep 13, 2009 the real estate market looks like this: There are 383 active listings, down 3 from the previous report, of which 184 are residential and 40 are farm and land. There are 40 listings under contract, down 2 from the previous report. For the period of Sep. 6 - Sep 13, 2009 there was 1 closed residential transaction and 2 closed farm and land transactions in Madison County. This total is up 2 from the previous reporting period. For more information on Madison County, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Madison County please visit...
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  In Madison County, GA, for the week ending Sep 6, 2009 the real estate market looks like this: There are 386 active listings, down 17 from the previous report, of which 189 are residential and 40 are farm and land. There are 42 listings under contract, down 4 from the previous report. For the period of Aug. 31 - Sep 6, 2009 there was 1 closed residential transaction and no closed farm and land transactions in Madison County. This total is down 1 from the previous reporting period. For more information on Madison County, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Madison County please visit my website The Athens Real Estate Page. Note: All data is taken ...
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August 2009 residential real estate sales volume in Madison County GA, showed a slight decrease from July but still above the lows of May and June. The average Days on Market (D.O.M.) did increase slightly. While median sales price remained flat for 5 months in a row, the average sales price experienced a loss of about 3.7%. Both sections of the county shared equally in both volume and price losses. At the end of August there were 46 pending sales of residential property in Madison County up 5 from the end of July. Residential properties include single family homes, duplexes, triplexes, condos, townhouses, mobile and manufactured homes. The following tables show the sliding 12 month residential sales volume for Madison County, North Madison County and South Madison County for the last ...
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  In Madison County, GA, for the week ending Aug 30, 2009 the real estate market looks like this: There are 403 active listings, down 6 from the previous report, of which 192 are residential and 39 are farm and land. There are 46 listings under contract, up 5 from the previous report. For the period of Aug. 24 - Aug 30, 2009 there were 2 closed transactions, all of which were residential sales, in Madison County. This total is down 1 from the previous reporting period. For more information on Madison County, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Madison County please visit my website The Athens Real Estate Page. Note: All data is taken from the Athen...
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