Well, it's good to have some slightly improved numbers to report on this week!  Despite a jump in new listings, we still managed to end the week with lower inventory than we began (if only by one), due in part to a higher number of homes in Jasper being placed under contract than we have been accustomed to seeing in prior weeks.

New Listing and Pending Sales Activity for 03/29/08 - 04/04/08

  • There were 32 new home listings added, at an average ask price of $304,093.  Low price was $61,900 and high price was $1,250,000;
  • Seven homes were placed under contract (5 pending sales / 2 contingency contracts), for which the average list price was $600,940.  Low price was $69,900 and high price was $2,295,000 (which high priced sale skews the overall average upward);
  • Average time on market for homes placed under contract was 143 days;  
  • Two new foreclosure listings were added, and two Pickens County foreclosure homes were placed under contract.

 End of Week Totals - 04/04/08

  • At week's end, there were a total of 600 active homes for sale in Pickens County, GA, with an average list price of $335,683.  Low price was 59,900 and high price was $2,750,000;
  • There were a total of 42 homes under contract, at an average list price of $261,064.  Low list price was $59,900 and high list price was $2,295,000;
  • Average number of days on market for all pending sales was 115 days;
  • Fourteen active Jasper GA foreclosure listings, eleven under contract.

Neighborhoods with New Listings    

  • Appalachian Villas (1)
  • Arbor Hills (2) 
  • Bent Tree (5)
  • Bethany Moorings (1) 
  • Big Canoe (7)
  • Country Woods (1)
  • George Gibson (1) [Foreclosure]
  • Grandview Cove (1)
  • Green Hill (1)
  • Henderson Woods (1)
  • Indian Forest (1) [Foreclosure]
  • Keeble Creek (1)
  • Magnolia Station (1) 
  • Mountain Oaks (1) 
  • No Subdivision Reported (3) 
  • Pete Moss (1)
  • Three Forks (1) 
  • Walnut Ridge (1) 
  • Whispering Waters (1)
  • Willow Creek (1)

Neighborhoods with New Pending Sales

  • Bent Tree (1) [Foreclosure] 
  • Big Canoe (1)
  • Hidden Creek (1)
  • No Subdivision Reported (3) [1 Foreclosure]
  • Twin Mountain Lakes (1)

NOTE:  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.

 
This post has been included in Georgia Information Pickens County, GA Information

2 Comments on Pickens GA Real Estate: Week in Review 03/29/08 - 04/04/08

APR
07
2008
1 Featured Post
I'm glad to hear that things are better in the Pickens area, I have really watched it grow up that way and with the new Walmart, home Depot, and Lowes I think the Pickens area will really pick up once everyone gets over the scare that some media helped create.  Pickens is such a great place, it's a place where you can still have your cake "Peace, quiet, not to much heavy traffic and open spaces" and eat it to "Shopping nearby, activities, and great new restaurants"
10:51pm • #1
APR
08
2008
2 Featured Posts Hit Router

David, I couldn't agree more.  As I've posted before, underlying fundamentals are in my opinion still good for Jasper GA real estate -- solid employment, improved schools, growing business environment, ideal location, pleasant weather, and more.  Local home and land sales have been affected by external factors, more so than internal, and while it may take some time to rectify, don't see the slight downturn being a long term issue.  As soon as the mortgage crisis stabilizes, buyers adjust to the new lending criteria, the media assume a more balanced perspective, and, most importantly, other markets start to realize improved home sales (Florida in particular), I expect to see a marked improvement locally as well. 

10:13am • #2

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Trent Cluley -- Pickens County Georgia Real Estate

Jasper, GA

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Keller Williams Realty - Select Partners

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