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Georgia Mountain Market Conditions


The following statistical information on Georgia Mountain Market Conditions is derived from Northeast Georgia Board of Realtors data.

Gilmer County (Ellijay)
In 2006 -- The median sold price for homes (731) was $185,000. Average time on the market was 128 days. Selling price averaged about 96.5 percent of the asking price.

In 2007 -- The median sold price for homes (548) was $185,500. Average time on the market was 128 days. Selling price averaged about 95.2 percent of the asking price.

For the first ten months of 2008 -- The median sold price for homes (305) was $185,000. Average time on the market was 159 days. Selling price averaged about 93.8 percent of the asking price.

Fannin County (Blue Ridge)
In 2006 -- The median sold price for homes (587) was $254,500. Average time on the market was 123 days. Selling price averaged about 95.5 percent of the asking price.

In 2007 -- The median sold price for homes (408) was $270,000. Average time on the market was 130 days. Selling price averaged about 94.0 percent of the asking price.

For the first ten months of 2008 -- The median sold price for homes (288) was $225,000. Average time on the market was 126 days. Selling price averaged about 92.2 percent of the asking price.

Union County (Blairsville)
In 2006 -- The median sold price for homes (499) was $198,000. Average time on the market was 103 days. Selling price averaged about 95.4 percent of the asking price.

In 2007 -- The median sold price for homes (357) was $199,000. Average time on the market was 127 days. Selling price averaged about 94.2 percent of the asking price.

For the first ten months of 2008 -- The median sold price for homes (240) was $183,450. Average time on the market was 143 days. Selling price averaged about 93.1 percent of the asking price.

Towns County (Hiawassee)
In 2006 -- The median sold price for homes (265) was $216,000. Average time on the market was 150 days. Selling price averaged about 93.9 percent of the asking price.

In 2007 -- The median sold price for homes (198) was $245,350. Average time on the market was 168 days. Selling price was about 91.4 percent of the asking price.

For the first ten months of 2008 -- The median sold price for homes (121) was $202,280. Average time on the market was 176 days. Selling price averaged about 89.8 percent of the asking price.

For more information on Georgia Mountain Market Conditions,
Ask Judy.



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