More new listings than sales.  New pending sales weak.  Inventory up.  That's the truth, no way to sugar coat it. 

As I will cover in my quarterly report, lower-priced housing is faring much better than higher-priced housing, with the average and median home sale price for Pickens County GA declining year-on-year.  With more and more sellers dropping prices, particularly in the area of new homes for sale, buyers will hopefully start to take advantage of some of the better deals and lead the way to an improved sales environment.

New Listing and Pending Sales Activity for 04/12/08 - 04/18/08

• There were 30 new home listings added, at an average ask price of $283,889.  Low price was $49,900 and high price was $699,000;
• Four homes were placed under contract, for which the average list price was $115,600.  Low price was $82,500 and high price was $149,500;
• Average time on market for homes placed under contract was 93 days;  
• Zero new foreclosure listings were added, and two Pickens County foreclosure homes were placed under contract.

 End of Week Totals - 04/18/08

• At week's end, there were a total of 620 active homes for sale in Pickens County, GA, with an average list price of $333,384.  Low price was $49,900 and high price was $2,750,000;
• There were a total of 40 homes under contract, at an average list price of $175,905.  Low list price was $39,900 and high list price was $2,295,000;
• Average number of days on market for all pending sales was 112 days;
• Twelve active Jasper GA foreclosure listings, thirteen under contract.

Neighborhoods with New Listings      

• Arbor Hills (1) 
• Bent Tree (4) 
• Big Canoe (6)
• Cherokee Hills (1)
• Eagle's Nest Ridge (1)
• Jordan's Crossing (1) 
• No Subdivision Reported (6) 
• Philadelhia Heights (1)
• Riverstone (1)
• Willow Creek (1)
• Winchester Oaks (1)

Neighborhoods with New Pending Sales

• Farmington (1)
• Hobson Estates (1)
• Mountain View (1) [Foreclosure]
• Oakmont (1) [Foreclosure]

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.