Social Links Widget

Click here to edit the Social Media Links settings. This text will not be visible on the front end.

Market Reports • November 30, 2023

Dalton/Whitfield County Industrial Real Estate Sales Report: November 2023

by Jacob Mitchell
Known as the “carpet capital of the world,” our town consistently witnesses high levels of industrial real estate sales each year due to our large manufacturing industries. An often overlooked aspect is the diverse ownership of these industrial warehouses, comprising not only large corporations but also small businesses and local investors. This analysis of Industrial Sales in Dalton/Whitfield County aims to provide accessible information for property owners to gauge their property values and understand current market conditions.
 
To offer a comprehensive overview, it was essential to delve into industrial sales data dating back to 2019, providing comparisons beyond the most recent years. The findings from 2019 reveal a total of 828,250SF Sold, compared to only 461,584 SF through November 2023, which is a 44.3% decline in Total SQFT Sold. However, the Total Sales Volume for 2019 was only 77% of what has been observed in 2023 through November. This variance underscores the significant shift in the Average Price Per Square Foot over the past five years.
 
In 2019, the Average Price Per Square Foot stood at $26.48, experiencing a substantial increase to a flat $35.00 in 2023 through November. This progression was not a linear trajectory, as evidenced by the average $/SF of $52.28 in 2022 for the Dalton/Whitfield County Industrial market. Factors influencing these fluctuations include market conditions and, in many instances, the conditions of the buildings being sold. It’s crucial to note that averages can deviate significantly from the true value of certain properties, given the presence of outliers in various directions.
 
For individuals seeking more in-depth insights into the Dalton/Whitfield County Industrial market, along with details on sales comps, feel free to reach out. I am here to assist and provide the information you need to navigate the industrial real estate landscape effectively.
Jacob B. Mitchell
Cell: 706-581-6401
Office: 706-226-5182
Email: AgentJacobMitchell@gmail.com
www.RealtorJacobMitchell.com
Coldwell Banker Kinard Realty

Related Articles
Market Reports Dalton/Whitfield County Residential Sales Report: February 2024 Curious how sales have been in our Dalton/Whitfield County residential real estate market? Let’s take a look at February 2024 sales data!   We are seeing signs of movement in the right direction as our market had it’s second consecutive month of positive growth, up 12 units from the December low of 28 sales. However, […]
Market Reports Dalton/Whitfield County Pending Inventory Report: March 2024 Let’s look into how our Dalton/Whitfield County residential market started March in terms of Pending Sales!   We saw a 6.85% Increase M/M, from 73 at the start of February to 78 in March. This continues a streak of positive growth in pending sales for the third month in a row, up 13 units from […]
Market Reports Dalton/Whitfield County Residential Inventory Report: March 2024 Let’s take a look at how the Dalton/Whitfield County residential market started in March! We saw a very slight dip in our active inventory this month, going from 136 at the beginning of February to 133 at the start of March. This -2.2% fall in active inventory is very minimal, but shows a rising demand […]
Home
Properties
About Me
Blog
Neighborhood News
eho-89x83.png
realtor_white-71x83.png

Terms Of Use | Privacy Policy | Accessibility Statement | Fair Housing Notice

© 2022 Coldwell Banker Realty