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Blairsville Georgia Real Estate- Lake Homes, Cabins, Investment and Lots Including Blue Ridge and Hiawassee |
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Local Housing Market Trends: Fannin, Gilmer, Towns and Union Counties
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Northeast Georgia Market Update, June 3, 2007
Are you wondering whether to buy, sell or invest in Northeast Georgia real estate? With so much talk of a "housing bubble," many people are taking a "wait and see" attitude. Actually, this is a great time to make a real estate purchase. Sellers have been pricing their homes and land to better match the current market.
Take a look at the local housing market trends in the Northeast Georgia Mountains over the year between December, 2005 and the end of December, 2006.The chart below shows the number of houses sold and the average prices of houses during that time in: Fannin County, Gilmer County, Towns County and Union County.
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Fannin County
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Houses Sold December, 2006:
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50
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Houses Sold November, 2006
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53
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Houses Sold December, 2005:
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69
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One Year Market Trend:
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-19
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Average Home Price December 2006:
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$240,825.00
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Average Home Price, December 2005
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$279,713.00
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One Year Market Trend:
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Down approximately $40,000.00 per home
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Gilmer County
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Houses Sold December, 2006:
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47
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Houses Sold November, 2006
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48
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Houses Sold December, 2005:
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67
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One Year Market Trend:
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-20
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Average Home Price December 2006:
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$234,594.00
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Average Home Price, December 2005
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$205,054.00
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One Year Market Trend:
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Increase approximately $30,000.00 per home
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Towns County
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Houses Sold December, 2006:
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18
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Houses Sold November, 2006
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23
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Houses Sold December, 2005:
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43
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One Year Market Trend:
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-25
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Average Home Price December 2006:
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$292,928.00
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Average Home Price, December 2005
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$229,077.00
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One Year Market Trend:
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Increase approximately $70,000.00 per home
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Union County
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Houses Sold December, 2006:
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23
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Houses Sold November, 2006
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42
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Houses Sold December, 2005:
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43
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One Year Market Trend:
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-20
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Average Home Price December 2006:
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$181,869.00
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Average Home Price, December 2005
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$229,077.00
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One Year Market Trend:
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Decrease approximately $50,000.00 per home
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NEW!
Union County Blairsville Georgia
Residential Real Estate Market Trends
March, 2007
Number of Listings…….……..129
Average Listing Price…………$232,933
Average Sold Price…………….$222,977
Number of Homes Sold……...3
Average Days on Market…….4
Average Sold to List Price…..95.15%
Lowest Listing Price…………..$45,000
Highest Listing Price………….$1,100,000
Union County Single Family Homes Sold
February 1, 2007 to March 6, 2007
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Union County Single Family Home Sale Trends February 1, 2007 to March 6, 2007
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February, 2006 Days on Market
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143
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February, 2007 Days on Market
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123
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Housing Sale Trend Feb 2007
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-20 Decreased Days on Market
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Houses Sold February, 2006:
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45
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Houses Sold February, 2007
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19
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Housing Sale Trend February, 2007
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-26
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Average Home Price February, 2006:
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$209,246
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Average Home Price, February, 2007
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$190,514
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Average Home Price Trend
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Decrease approximately $20,000
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Houses sold March 1 to March 6, 2006
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10
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Average Price March, 2006
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$235,150
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Days on Market March, 2006
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82
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Houses sold March 1 to March 6, 2007
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4
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Average Price March, 2007
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$283,375
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Days on Market March, 2007
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29
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Home Price Trend March, 2007
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Average price increase $50,000
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COMING SOON:
Single family homes in Blairsville priced between $125,001 and $150,000
Single family homes in Blairsville priced between $150,001 and $200,000
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This site contains extensive information about real estate, recreation, attractions, and life in the Northeast Georgia mountains of Hiawassee, Blairsville, Blue Ridge, and Ellijay, Georgia. Link to all of the Blue Ridge Mountain properties, Blairsville real estate, North Georgia homes and land for sale including cabins, lots, farms, lake property, river property, or mountain view homes and land in the Northeast Georgia MLS. See Links to photos, area attractions, activities, hospitals, golf courses, lodging and more! Contact us for honest and reliable answers to all your Northeast Georgia real estate questions.
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