Covington Real Estate Trends & Statistics

Covington Median List Price

$155,000

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Covington Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	226	236	4%	443	49%
Median List Price	$155,000	$149,900	3%	$99,900	55%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	8%	6%		13%
Median DOM	68	70	3%	77	12%
Median House Size	2,160	2,160		1,775	22%
Median $/Sqft	$70/sqft	$71/sqft	1%	$54/sqft	30%

	Today	1 Month Ago		1 Year Ago
Total Inventory	224	234	4%	437	49%
Median List Price	$159,000	$150,000	6%	$99,900	59%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	8%	6%		13%
Median DOM	68	69	1%	77	12%
Median House Size	2,160	2,160		1,795	20%
Median $/Sqft	$70/sqft	$71/sqft	1%	$54/sqft	30%

	Today	1 Month Ago		1 Year Ago
Total Inventory	2	2		6	67%
Median List Price	$129,000	$65,400	97%	$99,900	29%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	-	-		17%
Median DOM	203	139	46%	195	4%
Median House Size	1,300	1,300		1,728	25%
Median $/Sqft	$50/sqft	$50/sqft		$95/sqft	47%

Covington Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	43	33	28	43	34	43	32
New Listings	115	108	82	141	113	128	112
Sold/Expired	72	75	56	71	41	32	34

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	42	33	28	43	34	42	32
New Listings	112	105	81	141	111	127	110
Sold/Expired	72	73	56	69	41	32	34

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	1	-	-	-	-	1	-
New Listings	3	3	1	-	2	1	2
Sold/Expired	-	2	-	2	-	-	-

Covington, Georgia real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Covington homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Covington. Movoto is your comprehensive source for Covington property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Covington, GA Market Overview

Inventory: 226 Recently Sold: 34 New Listings: 112 Distressed: 8

Covington's home resale inventories decreased slightly, with a 4 percent decrease since April 2013. Distressed properties such as foreclosures and short sales increased as a percentage of the total market in May. The median listing price in Covington went up from April to May. There were a total of 5 price increases and 32 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

210 Alcovy Reserve Way, Covington, GA