North Georgia Real Estate | Blue Ridge Mountains | Single Family Residential Homes for Sale - North Georgia Blue Ridge Mountains | Move 2 North Georgia | Donna Yates Sells Real Estate

SEPTEMBER Market Report -  as of October 8, 2009  (Fannin, Gilmer, Union and Towns)

Fannin County (Blue Ridge, Morganton, Epworth, McCaysville, Mineral Bluff, Aska)
Active: 818
Contingent: 22
Pending: 39
Foreclosures: 41
Sold: 269 YTD


Gilmer County (Ellijay, East Ellijay, Cherry Log)
Active: 684
Contingent: 12
Pending: 48
Foreclosures: 32
Sold: 242 YTD


Union County (Blairsville)
Active: 694
Contingent: 16
Pending: 43
Foreclosures: 30
Sold: 228 YTD


Towns County (Young Harris, Hiawassee)
Active: 518
Contingent: 5
Pending: 20
Foreclosures: 21
Sold: 94 YTD


Housing Permits:
Fannin:  14
Gilmer:  14
Union:   14

TOTAL - all counties combined listed below  -  As of October 4, 2009 
Fannin, Gilmer, Union, Towns; Polk TN, Cherokee; Clay NC

Total Closed:   181 (slightly down from August = 213) (All counties in NE GA MLS)
Residential:     131
Land:               47
Commercial:       3
Foreclosures:     37

New Construction is outselling Existing (Re-sales)

Completed New Construction - Sold - List to Sales Price: 91.54%
Under Construction - Sold - List to Sales Price: 94.62%
Re-Sale - Sold - List to Sales Price:  89.95%

Key Notes:

• Actual Sold to List Price Ratio as reported in Northeast Georgia MLS is ranging 80 - 85% of list price
• June, July, August and September had the most buyer activity this year compared to same time last year
• Hottest Price Point is $199,000 and below
                  

 Data source: Northeast Georgia Multiple Listing Service.  All data is deemed accurate but is not guaranteed.

Donna Yates, Georgia Realtor
North Georgia Blue Ridge Mountains Real Estate
Serving Pickens, Fannin, Gilmer, Union, and Towns Counties
Cell Phone: 706-633-0644
Office: 706-632-7311 x252
Around the Mountains with Donna
Move 2 North Georgia
email: donna@ellijay.com

Coldwell Banker High Country Realty
274 West Main Street
Blue Ridge, Georgia 30513

  Coldwell Banker earns the prestigious J. D. Powers Award for 2009