Jasper Georgia's, Arbor Hills neighborhood, which has been around since 1999, actually saw an increase in home sales last year over the prior two years -- moving against the general Pickens County home sales trend. Last year's 12 homes sold is a 50% improvement over 2006 (8), and a 20% improvement over 2005 (10), however there was very slight price softening over prior years (approximately 1%).
The 14 active listings of homes for sale in Arbor Hills as of this writing presents slightly better inventory numbers than the rest of the county, although still not what would be considered "optimal' for a balanced market. The expectation that some foreclosure properties are likely to enter the market in the near future requires keeping an eye on both listing activity and sales prices, to see what impact, if any, this might have.
While sales seem to be holding up, the wide variety in age and finishes of homes need to be kept in mind by home buyers and sellers when considering fair market value, and adjusted for accordingly.
For the latest data on market conditions and homes available in Arbor Hills in Jasper, Georgia, contact Trent Cluley -- Keller Williams Realty.
Arbor Hills Home Sales Data*
Home Sales: 2007 | | |
| | | |
| Number Sold* | 12 | -- |
| Low | $148,000 | 3 bed / 2 bath |
Average | $181,619 | 3 bed / 2.5 bath |
| High | $240,000 | 5 bed / 3.5 bath |
| | | |
| Active Listings: Feb '08 | | -- |
| | | |
| Number on Market | 14 | |
| Low | $171,000 | 3 bed / 2 bath |
| Average | $210,641 | 3 bed / 2.5 bath |
| High | $249,985 | 4 bed / 3.5 bath |
| | | |
* MLS Data used here does is for informational purposes, does not reflect private sales of properties not listed in real estate, and is not warranted.
;)
;)
