Dahlonega Georgia Real Estate Market Update July 2011

By
Real Estate Agent with Chestatee Real Estate 217370

As of Today August the 10th we have 282 Single Family homes listed for sale in Lumpkin County and an additional 35 homes listed as under contract.

 

First MLS list 18 homes that closed in Lumpkin County for the month of July. Fourteen of the eighteen sales were foreclosures.

 

The highest sales price was $400,000 at 12 Birchwood Dr. and the lowest sale price was $13,000 at 220 Elliotts Ln.

 

We have 14 townhouses and or condo's on the market. No closed sales for July and 1 pending contract.

 

We still have a oversupply of developed lots on the market. As of August the 10th we have 263 lots listed for sale, two more under contract and one closed sale for July. The lot that did sale was almost 8 acres with a fantastic mountain view. It was listed for $150,000 and sold for $90,000.

 

We have 113 active land farm listings with two more under contract. There was a 8.6 acre tract with a nice barn and fenced pasture at the corner of Porter Springs Road Leonard Pruitt Road that sold for $100,000. It is next to a chicken farm so that brought the value down some.

 

All information was taken from Atlanta First MLS.

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Alan Grizzle

Full Time Realtor, Lifelong Resident of Dahlonega
Contact me to buy or sell a home in Dahlonega or Dawsonville.
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