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Market Reports • February 5, 2024

Dalton/Whitfield County Residential Inventory Report: February 2024

by Jacob Mitchell
To start February 2024 off, our Dalton/Whitfield County residential real estate market experienced a slight decline in active inventory supply. Here’s what you should know:
 
The market is picking right back up with many indicators from January and the start of February showing positive signs of a demand resurgence. The active inventory is just one data point that can be used to demonstrate this as we see a -4.2% decline in supply M/M from January. When looking back to the start of 2023, we see a similar shift take place after the holiday season of 2022. February 2023 saw a -11% M/M decline from January and continued to decline gradually through May 2023.
 
What is our market’s competitive state at compared to this time last year? Our active inventory supply is up 29.5% Y/Y, but with our increase of inventory our sales have declined Y/Y. This causes our months supply to be up from 2.5 in February 2023 to 3.6 in February 2024, showing an overall weaker demand currently compared to the start of 2023. However, these numbers are not weak and indicate plenty of movement in the the market.
 
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

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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 […]
Market Reports • January 29, 2024

December 2023 Residential Market Report: Calhoun/Gordon County

by Jacob Mitchell
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

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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 […]
Market Reports • January 24, 2024

December 2023 Residential Market Report: Chatsworth/Murray County

by Jacob Mitchell
Let’s take a quick look at the Chatsworth/Murray County Market Report for the month of December!
 
There were 16 new listings that came to market in December, which is 8 less than in November. Pending sales fell by 3 units, down to 12, compared to 15 in November. Closed sales increased slightly, going up from 14 closed sales in November to 15 closed sales in December.
 
Median Sales Price has increased year-over-year by 13.8%, from $247,000 to $281,000, while Average Sales Price has increased by 4.6%, from $262,384 to $274,500.
 
Months Supply decreased month-over-month, going from 3.9 months supply in November to 3.5 in December, and the year-over-year months supply is up by 45.8%, going from 2.4 months in December 2022 to 3.5 Months in December 2023.
 
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

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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 […]
Market Reports • January 17, 2024

Dalton/Whitfield County Residential Sales Price Report: December 2023

by Jacob Mitchell
In December 2023, the Dalton/Whitfield County residential real estate market demonstrated noteworthy trends in its sales price data, even as it recorded the lowest number of total sales for the year.
 
Median Sales Price:
The Median Sales Price experienced substantial value increases both in year-over-year (Y/Y) and month-over-month (M/M) comparisons. With double-digit increases, it suggests that the 28 closed sales in December were situated in higher price ranges compared to previous months. Following an -11.8% M/M decline in November, December marked the highest Median Sales Price for the entire year.
 
Average Sales Price:
The Average Sales Price showcased significant increases in both Y/Y and M/M comparisons. The 8.8% M/M increase fell within a more typical range. Positioned around the middle of the pack for the year, it displayed a $66,000 difference between the highest and only a $32,000 difference between the lowest point.
 
As the Average Sales Price in December aligns with market trends, the Median Sales Price reached its peak for 2023. Foreseeing a temporary decline in both data points from December, however the market may still witness Y/Y growth as it enters the new year.
 
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

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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 […]
Market Reports • January 11, 2024

December 2023 Residential Sales Report Average List Price/Sold Price % : Dalton, Whitfield County

by Jacob Mitchell
In December 2023, the Dalton/Whitfield County residential real estate market exhibited a unique trend with a 2% increase in the average sold price to list price ratio. Despite a consistent rise in active inventory over the past four months, typically associated with an equilibrium moving in favor of the buyers, the market saw a contrary movement.
 
December recorded the lowest number of closed sales for 2023, with only 28 transactions. Despite a softer overall market during the holiday season, homes that did sell attracted motivated buyers, allowing sellers to achieve sales prices closer to their listing figures. This suggests that even in slow periods in the market, there are buyers motivated to make purchases, particularly for properties with higher desirability.
 
When looking back to February 2023, a month with the highest number of closed transactions but the lowest sold to list price ratio, we should keep an eye to see if this repeats as the market transitions into 2024 with an increased supply of active listings, and buyers in the wings nearing the time for ramped up demand.
 
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

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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 […]
Market Reports • January 9, 2024

Dalton/Whitfield County Residential Sales Days on Market Report: December 2023

by Jacob Mitchell
After experiencing a low volume of sales in December 2023, the Dalton/Whitfield County residential market witnessed an increase in both the median Days on Market (DOM) for closed sales and active inventory at the beginning of 2024. Comparing these figures with the same period last year reveals key insights.
 
As of January 2024, the active inventory’s median DOM is 67 days, representing a 9-day decrease from January 2023 when the median DOM was 76 days. This 11.8% decline in DOM suggests a promising level of demand in the market. However, when considering the context of higher active inventory and a lower volume of closed sales, the overall narrative becomes more nuanced. To match the demand levels of early 2023, more buyers need to enter the market in January.
 
Closing 2023 with 28 closed sales, the market exhibited a median DOM of 34 days for December sales. Although this indicates a faster pace compared to December 2022, which had a median DOM of 43 days, it raises questions about the market’s current dynamics. In January 2023, there was a -18.6% decline M/M in the median DOM for closed sales due to increased buyer activity and a large reduction in active inventory, a pattern not observed in January 2024. The absence of a similar decline in active inventory this year prompts closer scrutiny to determine whether this is a delayed response or a shift in buyer demand. Monitoring these factors will be crucial to understanding the trajectory of the local market.
 
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

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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 […]
Market Reports • January 9, 2024

Dalton/Whitfield County Residential Sales Report: December 2023

by Jacob Mitchell

December marked the conclusion of 2023 with the Dalton/Whitfield County residential market reporting the lowest number of month-end closed sales. Although the difference was merely one unit compared to November’s 29 closed sales, it reflected a substantial 19-unit drop year-over-year.

Interestingly, this deviation from the 2022 trend, which witnessed an increase in closed sales from November to December, prompts a closer examination of upcoming market dynamics. In January of the previous year, there was a 5-unit decline following a 10-unit month-over-month increase at the end of 2022.

Analyzing recent trends, the market has started the past three months with pending sales in the mid to upper sixty’s range. The limited growth in pending sales data raises concerns about a significant jump in closed transactions for January. However, considering that the holiday season may have temporarily sidelined many buyers, the market has observed a 19-unit increase in active inventory since September, positioning it for potential growth in pending sales in January.

Anticipating a rise in pending sales but only a slight increase (if any) in closed sales for January, the evolving market conditions will be crucial to monitor as the impact of increased inventory and the conclusion of the holiday season unfolds.

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

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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 […]
Market Reports • January 3, 2024

Dalton/Whitfield County Pending Inventory Report: January 2024

by Jacob Mitchell
As we step into the new year, the Dalton/Whitfield County residential real estate market shows signs of a slow start in pending sales for January 2024. The month witnessed a marginal uptick from 65 to 67 pending sales compared to the previous month. The question arises: What can we expect in terms of pending sales volume in the coming months?
 
While specific year-over-year data is unavailable, a retrospective analysis of 2023 trends provides valuable insights. January 2024 may see a gradual initiation of closed sales, potentially ranging from the low to mid-thirties—a moderate increase from the holiday season. However, historical patterns suggest a dip in closed sales for January, followed by a rebound in February.
 
Looking ahead, an increase in pending sales is anticipated in the next month as market activity typically picks up after the holiday period. Factors such as evolving interest rates and adjustments in inventory supply will play pivotal roles in shaping market dynamics for both buyers and sellers. Vigilantly observing these trends will yield a clearer understanding of the shifting market conditions in early 2024.
 
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

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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 […]
Market Reports • January 3, 2024

Dalton/Whitfield County Residential Inventory Report: January 2024

by Jacob Mitchell
In January 2024, the Dalton/Whitfield County residential real estate market continued the upward trend observed in the final month of 2023, reaching a year-high of 138 active listings a month ago, we now reach 142 at the beginning of the 2024. This represents a significant 19.3% year-over-year increase, rising from 119 active listings in January 2023.
 
The continuous surge in active inventory prompts considerations about its implications for the market. The notable month-over-month increase coincided with a 2023 low in closed sales, suggesting a potential correction in inventory levels in the upcoming months. While the exact number of homes entering the market remains challenging to forecast, an increase in demand is anticipated, especially following the lowest recorded sales month in 2023 paired with declining interest rates.
 
If historical trends from 2023 are an indicator, the market may witness a steady decline in active inventory starting in the subsequent months as more buyers enter the market. However, the drop in interest rates could encourage current homeowners to list their properties, contributing to a potential increase in active listings. Ongoing monitoring of these trends will provide a clearer understanding of the market dynamics as 2024 unfolds.
 
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

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 […]
Market Reports • December 21, 2023

November 2023 Residential Market Report: Calhoun/Gordon County

by Jacob Mitchell
Let’s take a quick look at the Calhoun/Gordon County Market Report for the month of November!
 
There were 51 New Listings that came to market in November, which is 2 less than in October, declining from 53 to 51. Pending Sales trended in the same direction as new listings, with 31 sales currently pending compared to 35 in October. Closed Sales increased slightly month-over-month, going from 40 in October to 44 in November.
 
Median Sales Prices increased 4.0% year-over-year, from $274,000 in November of 2022 to $285,000 in November of 2023, while Average Sales Prices have increased 8.9% year-over-year, from $291,534 in November of 2022 to $317,503 in November of 2023.
 
Active inventory increased month-over-month to 100 Active Listing, from 89 in October. It is worth noting that year-over-year active inventory has decreased by -9.1%, from 110 in November 2022 to 100 in November 2023.
 
Additionally, the Months Supply rose to 2.4 months, which is down -11.1% year-over-year from 2.7 months supply, but up month-over-month from 2.2 months in October 2023. This gives more options for buyers to choose from compared to last month, but compared to last year we are still in a deficit.
 
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

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 […]
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