Donna Yates, Move 2 North Georgia.net: What's Happening in the Blue Ridge Real Estate Market?

What's Happening in the Blue Ridge Real Estate Market?

 Blue Ridge Mountains - North Georgia

 

Real Estate Market Stats are a bit dry so I'll just hit the highlights for Blue Ridge Georgia and surrounding counties as reported by the *Northeast Georgia Multiple Listing Service.  If you have questions about this information or want more detailed statistics for your respective area/neighborhood, please contact me.

 

March Closed Sales off a bit from March of last year, particularly in Fannin County. May not be significant unless we see the trend continue for additional months. 

Total Sales

January

February

March

 

 

 

 

2011

181

196

244

2012

232

200

227

  

Closed Sales by County 

County

January

February

March

Fannin

 

 

 

2011

48

58

79

2012

42

53

42

 

 

 

 

Gilmer

 

 

 

2011

46

27

54

2012

54

53

58

 

 

 

 

Union

 

 

 

2011

36

51

44

2012

44

35

45

 

 

 

 

Towns

 

 

 

2011

11

09

23

2012

21

15

22

 

**Active Foreclosures for sale = 538 (down from 772) 

Total Sales

January

February

March

Foreclosures

 

 

 

2011

83

92

138

2012

110

83

92

 

 

Overall:  Inventory (# homes for sale) starting to get Low
Year          #Homes for Sale
2011          9418
2012         7743

(2007) 12,857 

 

Land sales for larger parcels went up last month, so we are expecting that builders and developers will be back in the market sooner rather than later. 

 * All information deemed accurate but not guaranteed at the time this data was gathered.

** Stats include the Georgia counties listed above plus a few outlying counties in North Carolina and Tennessee (Clay, Cherokee NC and parts of Polk TN)

 

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Donna Yates
Associate Broker, GRI
706-633-0644 Mobile
donna@ellijay.com
www.move2northgeorgia.net
www.facebook.com/NorthGeorgiaMountains

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Donna Yates
Associate Broker, GRI
706-633-0644 Mobile
Serving North Georgia Mountains and Metro
Metro Brokers - Better Homes and Gardens Real Estate
706-515-7500 Office

MOVE 2 NORTH GEORGIA - HOMES FOR SALE

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Comment balloon 3 commentsDonna Yates • April 18 2012 05:53AM

Comments

Great blog and great job. Keep up the good work and good luck to you this year. Thanks.
Posted by JOSH EVANS *JoshEvansHomes 516-655-5000 (Village Properties of Mineola, LLC) about 5 years ago

Donna, GORGEOUS photo, and guess I have not ever been in your neck of the woods!    Great market report and hope the good sales trend continues!

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373) about 5 years ago

Josh: Thank you very much and I am wishing you the best this year and always.

Joan: It's good to see foreclosures going down. I've never been to Denver but have wanted to go for a long time. I kow it's beautiful out there.

Posted by Donna Yates, Blue Ridge Mountains (BHGRE - Metro Brokers) about 5 years ago

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