fannin county residential real estate market report - march 2011

8/7/2019 Fannin County Residential Real Estate Market Report - March 2011

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Feb-11

190,000

Feb-10

185,000

%

+3%

Change

5,000

Feb-10 vs. Feb-11: The median sold price is up 3%Median Sold Price by Month

Blairsville Realty

Feb-10 vs. Feb-11

Chad Lariscy

Clarus MarketMetrics 1 of 2 03/04/2011

Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

AllBathrooms:MLS: AllAll

Sq Ft:

Fannin

Residential: (Single Family Residential Detached)

Period: All All

Property Types:

Counties:

All

Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)NEGMLS

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2/20


3/20

Feb-10 vs. Feb-11: The median price of for sale properties is down 10% and the median price of sold properties is up 3%

Blairsville Realty

Feb-10 vs. Feb-11

249,900 -10%

Chad Lariscy

225,000

Feb-11

Median For Sale vs. Median Sold

ChangeFeb-10 %

-24,900

Feb-10 Feb-11 %

185,000 +3%

Feb-10 vs. Feb-11

190,000

Change

5,000




Sq Ft:

Fannin


Period: All All

Property Types:

Counties:

All


3 of 20


4/20

Median For Sale vs. Median SoldFeb-10 vs. Feb-11: The median price of for sale properties is down 10% and the median price of sold properties is up 3%

Blairsville RealtyChad Lariscy

Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

Difference

Feb-11 766 31225,000 190,000 -35,000

Jan-11 779 29229,900 186,000 -43,900

Dec-10 848 50239,000 173,750 -65,250

Nov-10 923 45236,000 169,000 -67,000

Oct-10 992 56239,250 166,950 -72,300

Sep-10 1,023 40239,900 164,500 -75,400

Aug-10 1,040 35239,900 170,000 -69,900

Jul-10 1,024 32239,900 150,000 -89,900

Jun-10 1,014 38244,950 160,000 -84,950

May-10 970 39249,000 167,500 -81,500

Apr-10 965 41249,900 185,000 -64,900

Mar-10 950 31249,900 191,625 -58,275

Feb-10 919 25249,900 185,000 -64,900

Clarus MarketMetrics


2 of 2 03/04/2011

4 of 20


5/20

Feb-11

31

Feb-10

25

%

+24%

Change

6

Feb-10 vs. Feb-11: The number of Sold properties is up 24%Sold Properties by Month

Blairsville Realty

Feb-10 vs. Feb-11

Chad Lariscy




Sq Ft:

Fannin


Period: All All

Property Types:

Counties:

All


5 of 20


6/20

Sold Properties by MonthFeb-10 vs. Feb-11: The number of Sold properties is up 24%


Time Period # Properties Median Price Average DOM

Feb-11 190,00031 141

Jan-11 186,00029 148

Dec-10 173,75050 137

Nov-10 169,00045 148

Oct-10 166,95056 174

Sep-10 164,50040 147

Aug-10 170,00035 107

Jul-10 150,00032 116Jun-10 160,00038 135

May-10 167,50039 110

Apr-10 185,00041 155

Mar-10 191,62531 135

Feb-10 185,00025 169

Clarus MarketMetrics 2 of 2 03/04/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

6 of 20


7/20

Feb-11

53

Feb-10

31

%

+71%

Change

22

Feb-10 vs. Feb-11: The number of Under Contract properties is up 71%Under Contract Properties by Month

Blairsville Realty

Feb-10 vs. Feb-11

Chad Lariscy




Sq Ft:

Fannin


Period: All All

Property Types:

Counties:

All


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8/20

Under Contract Properties by MonthFeb-10 vs. Feb-11: The number of Under Contract properties is up 71%


Time Period # Properties Median Price Average DOMFeb-11 182,90053 146

Jan-11 158,00027 157

Dec-10 189,90049 128

Nov-10 192,45038 108

Oct-10 197,50046 171

Sep-10 199,90061 168

Aug-10 169,90043 142

Jul-10 185,00043 109Jun-10 171,20034 145

May-10 157,40036 107

Apr-10 189,00039 131

Mar-10 207,75036 122

Feb-10 229,90031 144


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9/20

Feb-11

96

Feb-10

111

%

-14%

Change

-15

Feb-10 vs. Feb-11: The number of New properties is down 14%New Properties by Month

Blairsville Realty

Feb-10 vs. Feb-11

Chad Lariscy




Sq Ft:

Fannin


Period: All All

Property Types:

Counties:

All


9 of 20


10/20

New Properties by MonthFeb-10 vs. Feb-11: The number of New properties is down 14%


Time Period # Properties Median PriceFeb-11 218,95096

Jan-11 194,39476

Dec-10 225,45052

Nov-10 199,70064

Oct-10 195,75090

Sep-10 225,000121

Aug-10 227,000128

Jul-10 204,950116Jun-10 229,000153

May-10 199,000132

Apr-10 229,900131

Mar-10 249,000141

Feb-10 249,900111


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11/20

Feb-11

766

Feb-10

919

%

-17%

Change

-153

Feb-10 vs. Feb-11: The number of For Sale properties is down 17%For Sale Properties by Month

Blairsville Realty

Feb-10 vs. Feb-11

Chad Lariscy




Sq Ft:

Fannin


Period: All All

Property Types:

Counties:

All


11 of 20


12/20


13/20

Feb-11

71

Feb-10

79

%

-10%

Change

-8

Feb-10 vs. Feb-11: The number of Expired properties is down 10%Expired Properties by Month

Blairsville Realty

Feb-10 vs. Feb-11

Chad Lariscy




Sq Ft:

Fannin


Period: All All

Property Types:

Counties:

All


13 of 20


14/20

Expired Properties by MonthFeb-10 vs. Feb-11: The number of Expired properties is down 10%


Time Period Median Price# Properties Average DOMFeb-11 242,90071 267

Jan-11 263,47582 283

Dec-10 262,24596 274

Nov-10 239,90089 264

Oct-10 269,50087 251

Sep-10 254,90060 257

Aug-10 249,90095 246

Jul-10 249,90069 271Jun-10 292,97872 261

May-10 263,90073 228

Apr-10 249,95088 237

Mar-10 269,75080 308

Feb-10 249,00079 259


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15/20

Feb-10 vs. Feb-11: The number of for sale properties is down 17% and the number of sold properties is up 24%

Blairsville Realty

Feb-10 vs. Feb-11

919 -17%

Chad Lariscy

766

Feb-11

Supply & Demand by Month

ChangeFeb-10 %

-153

Feb-10 Feb-11 %

25 +24%

Feb-10 vs. Feb-11

31

Change

6



Sq Ft:

Fannin


Period: All All

Property Types:

Counties:

All


15 of 20


16/20

Bl i ill R ltCh d L i


17/20

Feb-11

146

Feb-10

144

%

+1%

Change

2

Feb-10 vs. Feb-11: The average days on market is up 1%The Average Days on Market by Month

Blairsville Realty

Feb-10 vs. Feb-11

Chad Lariscy



Sq Ft:

Fannin


Period: All All

Property Types:

Counties:

All


17 of 20



18/20

The Average Days on Market by MonthFeb-10 vs. Feb-11: The average days on market is up 1%


Time Period # UC UnitsAverage DOM

Feb-11 53146

Jan-11 27157

Dec-10 49128

Nov-10 38108

Oct-10 46171

Sep-10 61168

Aug-10 43142

Jul-10 43109

Jun-10 34145

May-10 36107

Apr-10 39131

Mar-10 36122

Feb-10 31144


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19/20

Feb-10 vs. Feb-11: The average months supply of inventory is down 54%

Blairsville Realty

Feb-10 vs. Feb-11

26.1 -54%

Chad Lariscy

12.1

Feb-11

Months Supply of Inventory

ChangeFeb-10 %

-14.0



Sq Ft:

Fannin


Period: All All

Property Types:

Counties:

All


19 of 20

Chad Lariscy Blairsville Realty


20/20

Months Supply of InventoryFeb-10 vs. Feb-11: The average months supply of inventory is down 54%

Chad Lariscy Blairsville Realty

Time Period During MonthLast Day of Month DOMMSI# Units For Sale # UC Units UC Average

Feb-11 53 146642 12.1

Jan-11 27 157670 24.8

Dec-10 49 128703 14.3

Nov-10 38 108796 20.9

Oct-10 46 171859 18.7

Sep-10 61 168902 14.8

Aug-10 43 142902 21.0

Jul-10 43 109912 21.2

Jun-10 34 145908 26.7

May-10 36 107861 23.9

Apr-10 39 131838 21.5

Mar-10 36 122834 23.2

Feb-10 31 144809 26.1



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fannin county residential real estate market report - march 2011

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