Market Briefs
GMLRA Market Brief – December 2024
January 14, 2025
December 2024 Housing Market Snapshot 📊
The December 2024 housing market in the Georgia Mountains & Lakes area demonstrates stability compared to last year, with significant increases in the median sales price and new listings. However, typical seasonal adjustments are reflected in the decline in sales volume and units sold compared to the previous month.
Quick Snapshot of December Key Metrics 🔍
| Metric | Value | Y/Y % Change | M/M % Change |
|---|---|---|---|
| Sales Volume | $46,158,108 | -0.9% | -22.8% |
| Units Sold | 97 | +6.6% | -13.4% |
| Median Sales Price | $380,000 | +8.6% | +10.1% |
| New Listings | 151 | +30.2% | -22.6% |
| Active Listings | 571 | +48.3% | -2.7% |
We encourage you to share this report with your network! It's a valuable tool to stay informed and make data-driven decisions. The full report is available on GMLRA's Facebook page and through the links below.
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