As of today September 9 2011 we have 277 single family homes listed for sale in Lumpkin County. We also show 34 additional homes listed as under contract.
First MLS list 17 homes that closed in Lumpkin County for August. Only 7 of them were foreclosures and a couple more were short sales. The highest sales price was $329,000 at 61 Quartz Way in Achasta and the lowest sales price was $12,000 at 96 Tobacco Pouch Creek Rd. It was a foreclosed single wide.
We show 18 townhouses or condo's on the market. Two condos sold in The Summit, one for $185,000 and the other for $162,000. Two others are under contract.
We still have an oversupply of lots for sale with 259 on the market and only 3 sales in August. The highest lot sale was in Achasta, was listed for $235,000 and sold for $136,000. The lowest sale price was $26,000. It was a foreclosed lot in River Walk Subdivision. It had a foundation and basement walls installed. I would bet they had more than $26,000 in the concrete work.
The land farm listings also still have a huge over supply. We have 111 active listings with no closed sales for August. FMLS does list 3 as under contract.
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