Real Estate Stats & Trends: Aiken, SC + Augusta, GA- 2022

Happy New Year from our homes to yours!

2022 was another amazing year for the Aiken Homes Team and the CSRA in home sales.

Stay tuned a quick recap of local real estate market, AHT stats & upcoming trends.

Hi, I'm Brandi Cook and I'm Vikki Crossland and we are Aiken Homes Team- Meybohm Real Estate. 

This year we had the pleasure of helping a total of 104 families both buyers and sellers realize their real estate dreams. That was almost a 10% increase from 2021.

Our team sold over $32,000,000 of real estate which was our best year ever helping sellers and buyers in both the Aiken and Augusta areas.

Let’s together take a look & compare the Aiken MLS /SC  and Augusta MLS /GA home sales stats.

The average home price sold in the Augusta MLS in GA for $290,000 and the median home sale was $265,000 for 2022. Which was about a 10 % increase when compared to 2021.

Let’s take a look at Aiken MLS in SC. The average home price sold was $308,600 and the median home sale was $270,000 for 2022. Which was also, about 10% % increase when compared to 2021.  

By the way… are you finding this data valuable and interesting?

Want to keep up with latest local real estate market and trends? Subscribe to our YouTube channel. All you have to do is go to YouTube.com/@aikenhomesteam

Back to Augusta MLS… the average days on the market (DOM) for a home was 75. In 2021 it was 78 days about 1% difference.

Let’s see what Aiken MLS data reflects. The average days on the market for a home in Aiken was 45. In 2021, the DOM was a 10 day increase over 2021. Still good.

Let’s get a little deeper into the data. Both markets “List to sale ratio” was nearly 100%.  That is how much a home sold for when compared to its listing price.

An example if a home was listed for $100,000 and sold for 99,000 the List to sale ratio would be 99%.

 

Interesting news that could signal a trend for this year’s real estate. USA today picked the CSRA which includes Augusta, GA all the way to Columbia, SC when you delve into the article as one of the top 10 real estate markets for 2023.

 

If you are thinking of selling your home in 2023, we would love to help you, there’s still demand for homes in our area at this time.

If you are ready to buy in 2023, we can help with that too. We are full-service REALTORS® with generations of expertise and knowledge.

 

It’s a big decision, we know. We are here to help! It’s your home, your lifestyle and we are your CSRA team! 

 

Brandi Cook and Vikki Crossland

Meybohm Real Estate

 

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Rollback Taxes... What Are They? Aiken, SC

Roll back taxes...What are they? Does your property purchase trigger them? Who is responsible for paying for them? We are here to answer all your questions. Imagine...your dream has finally come true! You have just found acres of land where you can farm and build your dream house, the only problem...corn fields are currently where your dream house should be. Before you buy the property, just to plow down the corn fields there are some things you should know. "ROLL BACK TAXES!" What are roll back taxes? Anytime a property changes its USE from agricultural to any other use, it will cause roll back taxes to be assessed and billed to that portion of the property that has changed. Wondering what classifies as agricultural use? Land that is being cared for, cultivated and harvested for a marketable price. Now this doesn't mean you can't have your house and eat your corn, too! As long as your property remains at least half agricultural your property may still qualify. Say that you decide to go ahead and plow down all the corn. You guessed it, Rollback taxes will take effect. Another time you definitely see roll back taxes triggered is when a developer buys a farm which has the agriculture status and they go develop the land. They start cutting up smaller tracts and selling lots of homes. But who pays for them? Insider tip here… The responsibility of the taxes should be negotiated when your offer is made and agreed upon. The buyer and seller can agree to split the taxes or one of the parties can agree to pay in full but get this settled upfront in writing. The Rollback tax bills are sent to the owner of the property as of December 31 of the year the land use changed. The good news is effective in 2021, rollback taxes are to be assessed over a three-year period rather than the previous five-year period. This is advantageous potential savings of two years’ worth of rollback taxes. We know this can be confusing! Make sure to reach out to your favorite real estate agent so they can answer all your questions. If you do not have one, we would love to help you. We know, it's a big decision! And we're here to help! It’s your home, your lifestyle and we are your real estate team!

Brandi Cook and Vikki Crossland

Meybohm Real Estate

#thesearchisover #aikenhomesteam #meybohmrealestate #theplacetobe #aikenrealestate #realestate #csra #rollbacktaxes #weeklyvideo #brandiandvikki #themoreyouknow #itsabigdecision #weknow #heretohelp #Responsive #Experienced #Authentic #Loyal #generationsofREALservice #yourhomeyourteamyourlifestyle 

#thesearchisover #aikenhomesteam #meybohmrealestate #theplacetobe #aikenrealestate #realestate #csra #rollbacktaxes #weeklyvideo #brandiandvikki #themoreyouknow #itsabigdecision #weknow #heretohelp #Responsive #Experienced #Authentic #Loyal #generationsofREALservice #yourhomeyourteamyourlifestylere They?

Happy 2023!

 

Wishing a prosperous, happy and healthy New Year to our team members, families, colleagues, clients, customers and community! We're ready to get the party started and serve all your real estate needs in 2023!

Brandi Cook and Vikki Crossland
Meybohm Real Estate

#thesearchisover #aikenhomesteam #meybohmrealestate #theplacetobe #aikensc #welcomehome #happyclients #happyteam #homeownership #twentytwentythree #aikenrealestate #letsgo #itsabigdecision #weknow #heretohelp #Responsive #Experienced #Authentic #Loyal #generationsofREALservice

 #yourhomeyourlifestyleyourteam

Aiken, SC- AHT's 4th Annual Real Estate Bloopers & Outtakes

"Inviting people to laugh with you while you are laughing at yourself is a good thing to do. You may be a fool but you're the fool in charge." [Carl Reiner]

Join us in laughing at ourselves in this week's 4th Annual Bloopers and Outtakes video, we hope it makes you smile!

Brandi Cook and Vikki Crossland

Meybohm Real Estate

#thesearchisover #aikenhomesteam #meybohmrealestate #theplacetobe #aikensc #aikenrealestate #csra #csrarealestate #weeklyvideo

#brandiandvikki #annualbloopers #outtakes #whoopsie #Responsive #Experienced

#Authentic #Loyal #generationsofREALservice #yourhomeyourlifestyleyourteam

📢 What's the 411? 📢 Aiken, SC Real Estate Market Weekly Update!

Check it out here!

Brandi Cook and Vikki Crossland
Meybohm Real Estate

#thesearchisover #aikenhomesteam #meybohmrealestate #theplacetobe #iykyk #the411 #aikensc #aikenrealestate #aikencounty #itsabigdecision #weknow #heretohelp #Responsive #Experienced #Authentic #Loyal #generationsofREALservice #yourhomeyourlifestyleyourteam

Holidays Wishes from Aiken, South Carolina

Our wish this holiday season... we hope this time brings you joy, peace, togetherness and celebration! Cheers to all!

Brandi Cook and Vikki Crossland

Meybohm Real Estate

#thesearchisover #aikenhomesteam #meybohmrealestate #aikensc #aikenhomes #aikenrealestate #realestate #holidayseason #toall #weeklyvideo #brandiandvikki #Responsive #Experienced #Authentic #Loyal #generationsofREALservice #yourhomeyourlifestyleyourteam

Aiken Homes Team Client Appreciation Night 2022