Market Recaps
Every property transfer in Georgia is recorded as a PT-61 filing. Each month I pull the county record, screen out everything that is not an arm's-length sale, and publish what is left, along with what it means if you own here.
Eighty-three arm's-length sales moved $69.9 million in Athens-Clarke County over the five weeks ending August 11. One trade was 40% of it, and a second one tells you more about the next three years.
Four institutional buyers entered Athens and Oconee inside five weeks. The prices they paid, set against what the counties think those properties are worth, say something uncomfortable about local assessments.
Forty-seven arm's-length sales moved $33.1 million in Oconee County over the six weeks ending August 7. Two of the buyers say more about where this market is going than the totals do.
If a recorded sale nearby changed the math on what you own, it is worth a conversation.
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