Pickens County Real Estate Wrap 2014

Here is a brief overview of the 2014 year end numbers in Pickens County compared to a year earlier.

While there are still naysayers on the return of the real estate market, I think most would agree that sales and activity are much better than a couple of years ago. There are a lot more statistics available than most people care to see, so just focus on these for now:

Also consider that the months of inventory based on sales in December was 7.9, compared to 15.5 months last year. The rule of thumb is that less than 6 months of inventory indicates a sellers market.

We are still trailing the Metro Atlanta market statistics, but the improvement has been significant and the gap is slowly starting to close.

If you have been operating under the assumption that you cannot sell your home because of market conditions, you may want to contact your Realtor® for a current market analysis. A large majority of the homes that were previously “underwater” have regained their market footing.