Talking Rock GA, Heritage Days Festival This Weekend: 10/15/11 & 10/16/11.
Don't forget to come out and support this annual Pickens County event, in the quaint rural setting of Talking Rock, GA. Crafts, antiques, food, live music, rides, and more. Free parking and entry. The Heritage Days Festival is this Saturday & Sunday, from 9 a.m. to 5 p.m. both days . . . and it's pretty easy to find. Just go to Talking Rock, GA, and there you are!
For more info you can visit the Talking Rock Heritage Days web page here.
Looks like the weather is going to be great, the leaves are changing up here in the mountains, and it's just a great excuse to get out and grab some fresh air and exercise.
Pickens Georgia Real Estate Report: Home Sales Data for 2nd Quarter 2011.
Some good 2nd quarter news on the real estate front for Jasper, GA. Home sales volume for the three-month period was up notably over both the previous quarter and against the same period in the prior year. The number of houses sold jumped to 85, versus 65 in the second quarter 2010, and only 53 for first quarter 2011.
On the downside, (unfortunately there is one of those), median and average prices continued to fall, and in all likelihood contributed to the increase in sales. Average sale price of homes in Pickens County fell from $206,250 in Q2 of 2010, to around $160,635 in Q2 2011. Median sale price declined from $156,000 to $118,700. These numbers are lower than for Q1 2011 as well.
Also noteworthy is the surge in the number of homes sold that were listed as either foreclosures or pre-foreclosures / short sales. These REO and other distressed property sales accounted for approximately 61% of sales -- well above for any prior period.
Inventory dipped from my previous market report, coming in at 488 homes for sale in Pickens County, GA, at this writing. There is currently only a trickle of homes coming to market that aren't bank-owned, as more sellers move to the sidelines hoping to wait out the storm, (more on that in another post).
It's great to see some positive movement in Jasper home sales, now it is a matter of watching for some stabilization in prices. . .
Feel free to contact me for specifics on your neighborhood, or to check comps on your home.
(All sales data obtained and compiled from First Multiple Listing Service records and is believed accurate, but is not warranted.)
The number of Pickens County, Georgia, homes, land lots, commercial properties, and other real esate, reported as being scheduled for foreclosure action and sold at auction on the courthouse steps in Jasper on the first Tuesday in September, after appearing to pull back in August, surged back up for September.
The number of properties of various types listed as facing foreclosure next month alone, here in Jasper, Big Canoe, Talking Rock and surrounding areas, climbed back up to 55, (after dropping to 38 in August), which seems like a lot for a small county like Pickens. As has been the case for the past several months, not all are home foreclosures, with land and commercial real estate working their way into the mix as well, and in some cases there are multiple actions against a single party.
Regardless of property type or the number of parties involved, it is hard to escape or ignore the impact of these bank repossessions on the community and the families that live here. We can only hope to see some relief in months to come.
Jasper GA real estate data -- home sales stats for 1st quarter 2011.
Note: Due to the relatively low number of monthly home sales in Pickens County GA, I am switching my monthly sales reports to a quarterly format, which might hopefully provide a less volatile reading of what's going in terms of home sales volume and prices.
No real surprises for first-quarter 2011. Flat sales volume, with declines in median and average sale prices. While our number of houses sold came pretty close to matching that of 1st quarter 2010, with 53 home sales, just one shy of the prior year's 54, the median sale price dropped for that period from $164,900 to $130,000. The average sale price dropped from $184,430 to $162,182.
Foreclosures and short sales were a big factor in the pricing pressure. Again, no surprises there. The number of pre-foreclosures and bank-owned properties sold rose from a total of around 37% of sales, to 43% of total sales.
With 516 homes for sale in Jasper, GA, and surrounding Pickens County communities, as of this writing, we are faced with a challenging 22- to 24-months worth of inventory to liquidate. On the positive side, the fact that sales volume doesn't appear to be declining might help keep this inventory manageable. Unfortunately, the inventory level, and with the percentage of REO's and short sales climbing to almost 14% of total inventory, prices coiuld remain soft for the short term, at least.
There are some signs that the low prices and rates are starting to attract homebuyers, (and yes, even investors, particularly as rental demand increases), so perhaps we'll see begin to see some stronger buying to help offer price support, but expect that support to be concentrated more in the lower price points, where first time homebuyers and real estate investors are more likely to be focused.
(All sales data obtained and compiled from First Multiple Listing Service records and is believed accurate, but is not warranted.)
The Preserve at Sharp Mountain in Jasper, Georgia, is throwing open its gates this Sunday, April 17, 2011, from 11 a.m. to 4 p.m., to welcome you to a community-wide open house, showcasing the scenic beauty of this upscale neighborhood and the variety of homes and land for sale.
Take a driving tour to see for yourself the numerous opportunities available among the more than 50-lots available for sale, starting at under $22,000, for a 3-acre lot! These estate lots range in size from a 3-acre minimum to 28-acres plus, and with more than 2/3 of these gorgeous lots priced under $100,000 (and most priced under $200,000), there are plenty of bargains to be had, even on larger lot sizes!
With several parks, a community lodge, walking trails, waterfalls, creeks, and breathtaking views, The Preserve at Sharp Mountain has something to offer every taste. 
Whether a private 15+ acre space to call your own; an open, level spot to build a single-level home; the sounds of a rippling creek outside your back door, or a mountaintop perch overlooking the distant horizon, The Preserve has it all. And with sensible restrictions and architectural controls, the sanctity of your shady retreat among the oaks, mountain laurel, and dogwoods, is sure to be protected.
For those looking for something a little more immediate, there are also a number of resale homes currently available for sale in The Preserve at Sharp Mountain, ranging in price from the low $400's to over $1 million, so be sure to inquire about these opportunities as well.
Light refreshments will be served at the community lodge, where information about available properties will be available, as well as details on available options for lot financing, so feel free to stop by and grab a map, a snack, and some no pressure info about the ideal lot for you.
After you leave be sure to stop by Sharp Mountain Vineyards just outside the main gate for fruit/dessert and a wine tasting. This is also the weekend of ArtFest in Jasper, so why not make a day of it?
If you have any questions, or want more information about any of the lots or homes for sale in The Preserve at Sharp Mountain, feel free to use the email link below or in the sidebar to contact me.
Trent Cluley
Keller Williams Realty - Select Partners
770.757.3399
www.TrentCluley.com
Other participating agents / offices:
Sherstin Batista
Century 21 Lindsey & Pauley
404.567.9633
Connie Sims
Century 21 Lindsey & Pauley
770.894.2828
Susan Walker
Beechler Realty Group
Better Homes & Gardens Real Estate Metro Brokers
678-313-7386
Christel Cramer
Prudential GA Realty
770.894.1904
Barry Hardison
Century 21 Lindsey & Pauley
404.218.7539
Donna & Arthur Beazley
Solid Source Realty Georgia
770.861.4650
Sponsored by: Sharon Wofford / Wells Fargo Home Mortgage , Ron & Jody Rathgeb / Sharp Mountain Vineyards, and Century 21 Lindsey and Pauley
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Real Estate sales, marketing and consulting services for North Cherokee and Pickens County, Georgia, (Jasper, Tate, Ball Ground, Bent Tree, Big Canoe & Talking Rock GA).
Trent has lived and worked in North Georgia for more than twenty years and has a strong knowledge of the area. His real estate experience lies in both the sales and administrative sides, including working with buyers and sellers of homes, investment properties, residential lots and land tracts, mainly in Jasper and Pickens County, GA, but in also in surrounding areas such as Gilmer, Cherokee, Dawson and Forsyth Counties as well.
Trent understands the importance of ongoing education and market insight to further the interests of his clients, and in his more than eight years as a Georgia real estate licensee has worked to constantly stay abreast of developments in the real estate industry, real estate law, technology and local markets, and currently holds a real estate broker's license.
In line with this effort to stay current and be a source of information, aside from his personal real estate website, www.PickensGeorgiaRealEstate.com, Trent also posts regularly to his Georgia and real estate related blogs: www.CurbviewJasper.com, www.GeorgiaLotandLand.com, and of course, http://activerain.com/blogs/dunsandal
Trent believes real estate is evolving into a more complex, yet efficient, process, in which technology will play an increasingly significant role. His focus is on adapting these new technologies and innovations, and moving away from many of the traditional methods and philosophies of real estate, embracing a new way of interacting with consumers and transacting business . . . even if that means going against the grain.
Trent's primary specialty is geographic. His knowledge of Pickens County makes it a natural focus for his business, along with some closely adjoining areas that he works on a more limited basis, such as North Cherokee County, West Dawson County, and North Forsyth County.
Cities covered in Trent's area of specialization include: Jasper, Tate, Talking Rock, Nelson, Ranger, Ludville, Marblehill, Ball Ground, and North Canton.
Neighborhoods include: Bent Tree, The Preserve at Sharp Mountain, Jordan's Crossing, Wild Timber, Hunter's Ridge, Arbor Hills, Madison Ridge, The Village at Oak Creek, Dogwood Trace, Grandview Cove, Hickory Cove, Bethany Moorings, Henderson Woods, Saddle Ridge, Winchester Oaks, Little Creek Farms, The Outback, The Meadowlands, Greystone, Georgian Highlands, Salacoa Highlands, Mount Sequoyah, Monument Falls, Big Canoe, and more . . .
Within this geographic specialty, Trent has a range of experience in the purchase and sale of many types of property including: residential, investment, foreclosure (REO), developed lots, undeveloped land, and real estate auctions (both live and online), having successfully engaged in transactions of each sort, and continuing his education to that end. Part of this ongoing education included completing the course work for the "Commercial Real Estate Professional" designation with the intent of strengthening his business in this arena to incorporate more commercial and development land transactions.
Do you have any good testimonials that clients have provided you in the past? Be sure to add them here.
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