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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