This week's real estate activity in Pickens County GA again saw a very slight uptick in the number of pending Jasper GA home sales over the previous week's numbers, while the number of new listings of homes for sale coming on market dropped slightly.  Nevertheless total listing inventory inched upward for the week, ending at 589 homes for sale in the Jasper, Georgia, area.

New Listing and Pending Sales Activity for 02/16/08 - 02/22/08

• There were 21 new home listings added, at an average ask price of $422,433.  Low price was $139,900 and high price was $1,250,00;
• Seven homes were placed under contract (pending sales), for which the average list price was $202,100.  Low price was $61,000 and high price was $310,000;
• Average time on market for homes placed under contract was 143 days;
• One home was reported as "Sold".  [This one deserves a special note:  The home that sold was a bank-owned foreclosure in Bent Tree . . . originally listed by the bank at $435,000 against a $500,000 loan.  Sold for only $260,000!]
• Zero new foreclosure listings added, one placed under contract, one sold (see above).

 End of Week Totals - 2/22/08

• At week's end, there were a total of 589 active home listings in Pickens County, with an average list price of $342,920.  Low price was 39,900 and high price was $2,750,000;
• There were a total of 41 homes under contract, at an average list price of $196,866.  Low list price was $54,000 and high list price was $624,900;
• Average number of days on market for all pending sales was 101 days;
• Thirteen active foreclosure listings, ten under contract.

Neighborhoods with New Listings 

• Bent Tree (3)  
• Big Canoe (5)
• Henderson Woods (1)
• Hunters Ridge (1)
• Ivy Ridge (1)
• Jordans Crossing (1)
• Mountain Brook (1)
• Mountain Valley (1)
• No Subdivision reported (5)
• The Outback (1)
• Three Forks

Neighborhoods with New Pending Sales

• Bent Tree (1)
• Big Canoe (2)
• Henderson Woods (1)
• No Subdivision (1)
• Philadelphia Heights (1)
• The Outback (1) [Foreclosure]
• Winchester Oaks (1)

There appears to be a definite increase in market activity as more buyers make their move.  Rising interest rates, speculation as to a "bottom" in sight, moderate weather conditions, and traditional seasonal buying patterns are all likely factors.  Will continue to monitor this improvement, which will hopefully hold.

NOTE: "Homes sold" usually involves a time delay in reporting, therefore sales shown for a given week are likely to not have occurred in that week, but are merely reported in that week.  Data is gathered from FMLS listing service, is for informational purposes only and is not warranted.  For sale by owner residences and private sales are not included. 

For more detailed information about North Georgia real estate market trends; email lists of homes for sale or recently sold anywhere in Pickens County GA; or, daily email updates of price changes, foreclosures, and homes new to the market in any Jasper GA neighborhood, just send Send Us An Email with your request.  You can also use the Property Search feature to search North Georgia homes for sale by neighborhood.