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The Dahlonega Georgia December 2012 Real Estate Report.

By
Real Estate Agent with Chestatee Real Estate 217370
As of January 6 2012 we have 211 single family homes listed for sale in First MLS. That is 10 less than last month. We show 26 more that are under contract.
 
According to First MLS 13 homes sold in December. Seven or just over 1/2 of them were foreclosures.
The highest sales price was $269,300, a home at 616 Deans Drive in Parks Ridge subdivision. The lowest was $32,500 a foreclosed mobile home at 312 Emeley Drive. It is interesting to note that the home on Emeley Drive was listed at $25,000 and sold for $7,500 above asking price.
 
There are 26 townhouses and or condo's on the market. Two more are under contract and none sold in December.
 
We have 223 developed lots on the market. That is 16 less than last month. Two more are under contract. There was only bone closed lot sale in December, 3 acres at the corner of 19N and Dove Hill. It sold for $15,000. It had been on the market for 3 or 4 years.
 
The land farm section of First MLS has 102 active land/farm listings. Two more are under contract and only one closed sale in December. The sale was 7.4 bank owned acres on Emory Stephens Rd. It sold for $15,000. That is $15,000 total sales price not a per acre price. It was between three chicken houses so that helped bring the price way down.