North Georgia Mountains Market Watch February 8, 2008

North Georgia Blue Ridge Mountains Market Watch 2008
Fannin, Gilmer, Union, Towns and Pickens Counties


Single Family Residential Homes

Fannin County (Zip Codes) Blue Ridge 30513; Morganton; 30560; Mineral Bluff 30559; Epworth 30541;
McCaysville 30555


There are 844 active, contingent and pending homes on the market. The average list price is $366,960 and prices range from $49,900 to $3,500,000. The number of homes sold since January 1, 2008 is 30 with 132 average days on the market. (As of February 8, 2008)

Gilmer County (Zip Codes) Ellijay 30536, 30540; East Ellijay 30539, Talking Rock 30705


There are 843 active, contingent and pending homes on the market. The average list price is $286,347 and prices range from $8500 to $2,737,777. The number of homes sold since January 1, 2008 is 15 with 169 average days on the market. (As of February 8, 2008)

Union County (Zip Codes) Blairsville 30513, 30514


There are 667 active, contingent and pending homes on the market. The average list price is $303,218 and prices range from $44,900 to $1,749,777. The number of homes sold since January 1, 2008 is 24 with 182 average days on the market. (As of February 8, 2008)

Towns County (Zip Codes) Hiawassee 30546; Young Harris 30582


There are 385 active, contingent and pending homes on the market. The average list price is $417,570 and prices range from $39,900 to $3,125,000. The number of homes sold since January 1, 2008 is 9 with 163 average days on the market. (As of February 8, 2008)

Pickens County (Zip Codes) Jasper 30143; Talking Rock 30175


There are 244 active, contingent and pending homes on the market. The average list price is $285,379 and prices range from $46,000 to $1,950,000. The number of homes sold since January 1, 2008 is 6 with 101 average days on the market. (As of February 8, 2008)

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Donna Yates, Georgia Realtor primarily serving the North Georgia Blue Ridge Mountains is with Mountain Investments of North Georgia located in Blue Ridge, Georgia 30513. Donna is dedicated to the real estate profession full-time and is ready to help home sellers and buyers in Georgia, North Carolina and Tennessee. Email: Donna@ellijay.com Call 706-633-0644 cell or 706-946-7111 office Visit Donna's website to view great mountain properties: www.move2northgeorgia.net

The latest demographic study according to the Fannin County Chamber of Commerce reports Blue Ridge Georgia as the 13th in the nation for real estate growth and 5th in the nation for second home ownership.

 Lords View Featured Property www.move2northgeorgia.net

Posted Friday Feb 08

Hi Donna, I like the way you formatted this post! .. Nice log cabin property!

Ginger:  Thank you for your comment.  I'm trying to come up with some interesting graphcis since reading statistics can be rather boring. 

Nice format. I see it has slowed down a little up there.

Jim:  It is slower than the same time last year by about half the homes being sold now compared to same time last year.  But, January and February are naturally slow months in the mountains anyway.  Thank you for your comment.

Donna,

I spent the weekend at Snowshoe last weekend and am determined to make it out your way!! It's beautiful.  You're probably in peak selling season but it's just a guess.  Take care,

Tracy

Tracy:  No, unfortunately February is not a peak season for us.  Our season will start in late March and go through early December.  Although we are encouraged by the activity we are seeing in February.  I hope you make it this way some time and when you do, please let me know.  I would love to meet you.  Thank you for your comment.

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