Towns County Residential Market Report January 2015

The Mountain Life Team Blogger February 13, 2015

The Towns County Residential Market Report in Hiawassee, Georgia located within Towns County for the first month of 2015 was quite extraordinary! The Median Sold Price for Homes Sold in Towns County in January of 2015 increased $44,000 from January of 2014. That is an increase of over 50%, bringing the Media Sold Price to $130,000. The Average Days On Market (DOM) however did increase as well from 202 Days, to 337 Days. This is an increase of 66.8%.

Towns County Residential Median Sales Price - January 2015Homes Sales increased an amazing 150% in January 2015 over the previous year. There were 15 Homes Sold in Hiawassee GA last month. Towns County is currently experiencing 20 Months Supply of Inventory. This data tells us that we are still somewhat leaning towards a Buyer’s Market in Hiawassee, GA. There were 18 Homes that went Under Contract in January, which leads me to believe that Towns County will see another great month in February.

Towns County Residential Market Report Homes Sold - January 2015Like these reports?  Our goal is to bring the market news to you so you can determine what to do with your North Georgia properties.  Obviously, if you’re looking to buy in Hiawassee, GA – Towns County area – now would be a great time to do so.  If you’re thinking about listing your property in Hiawassee, GA this data indicates you’ll have some buyers waiting.

If you would like to know more about the Real Estate Market in your “Neck of the Woods,” please visit KnowOurMarket.com for all the details or simply give The Mountain Life Team a call today at 706.663.8186. Feel free to post any comments here, or ask any questions below in the comments section. It would be my pleasure to answer those for you. Thank you so much for visiting our North Georgia Mountain Real Estate website.

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