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Let’s take a quick look at the Calhoun/Gordon County Market Report for the month of December!
There were 29 New Listings that came to market in December, which is 22 less than in November, declining from 51 to 29. Pending Sales trended in the same direction as new listings, with 22 sales currently pending compared to 31 in November. Closed Sales decreased as well, going from 44 in November to 31 in December.
Median Sales Prices increased 6.0% year-over-year, from $288,617 in December of 2022 to $305,933 in December of 2023, while Average Sales Prices have increased 24.3% year-over-year, from $282,826 in December of 2022 to $351,597 in December of 2023.
Active inventory decreased month-over-month to 95 Active Listing, from 100 in November. It is worth noting that year-over-year active inventory has decreased by -3.1%, from 98 in December 2022 to 95 in December 2023.
Additionally, the Months Supply fell to 2.3 months, which is down -4.2% year-over-year and month-over-month, as both December 2022 and November 2023 came in at 2.4 months supply.
Remember, the best way to learn about your local market is through a local realtor, not the national media. While there are factors that play into every market, there are many that differ on the local level. So whenever you need to know about the local market contact me!
Jacob B. Mitchell
Cell: 706-581-6401
Office: 706-226-5182
Email: AgentJacobMitchell@gmail.com
www.RealtorJacobMitchell.com
Coldwell Banker Kinard Realty
