Union County Residential Market Report January 2015

The Mountain Life Team Blogger February 2, 2015

The Real Estate Market for Union County in the North Georgia Mountains experienced little change in the first month of the new year. Median Sold Prices for Single Family Homes on closed transactions in Blairsville was slightly down to $127,000. That is only a decrease of 0.4% from January of 2014. The average Days On Market or DOM was down 9 Days for a decrease of 6.3%. This is good, meaning that homes are taking less time to sale.

January 2015 Union Median Sold PriceThe number of Homes Sold in Blairsville GA during the month of January was 25. This was an increase of 19% year over year. The Month’s Supply of Inventory decreased from 31.4 to 16.4. That is 47.8%, almost cut in half. The Month’s Supply of Inventory represents the number of months it would take to sale all the inventory of Union County under current market conditions.

January 2015 Union County Homes SoldIf you would like to know more detailed statistics about your North Georgia Mountain Real Market, please visit KnowOurMarket.com. If you have any questions or concerns with this report, or you would like to speak with me about Listing Your Home For Sale here in the Georgia Mountains, please give me a call at 706.994.8686. Thanks so much for visiting our North Georgia Mountain Real Estate website. #KnowOurMarket, #TheMountainLifeTeam, #TMLT,