Market Briefs

400N Market Brief: November 2024

December 18, 2024

The 400 North REALTORS® provides the monthly Housing Report using data compiled by First Multiple Listing Service (FMLS) for the Dawson, Forsyth, and Lumpkin Counties.

We encourage you to share the report with your network. The information is available on 400 North's group Facebook page and can be shared via the page, or the link below can be copied and pasted to share directly via email or on other sites.

Summary: The November 2024 400N Market Brief highlights growth in single-family home sales across Forsyth and Lumpkin counties, with inventory levels on the rise in Lumpkin County. Median sales prices remained steady in Forsyth, showed a slight increase in Dawson, and experienced a decrease in Lumpkin, reflecting diverse market trends in the region.

Forsyth County | November 2024

  • Total single-family home sales: 223 (2.8% increase)
  • Median sales price: $589,000 (7.2% increase)
  • Average sales price: $644,500 (9.4% increase)
  • Total active listings: 486 (24.5% decrease)
  • New listings: 259 (0.4% decrease)
  • Month’s Supply: 1.83 (0.4% decrease)
400N November 2024 - Forsyth

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Dawson County | October 2024

  • Total single-family home sales: 39 (13.3% decrease)
  • Median sales price: $427,500 (8.06% decrease)
  • Average sales price: $531,500 (3.45% decrease)
  • Total active listings: 170 (33.9% increase)
  • New listings: 55 (3.51% decrease)
  • Month’s Supply: 3.65 (38.9% increase)
400N November 2024 - Dawson

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Lumpkin County | October 2024

  • Total single-family home sales: 32 (23.1% increase)
  • Median sales price: $397,500 (6.8% decrease)
  • Average sales price: $429,500 (11% decrease)
  • Total active listings: 111 (48% increase)
  • New listings: 34 (6.3% increase)
  • Month’s Supply: 3.31 (41% increase)
400N November 2024 - Lumpkin

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About the ARA Market Brief

The Atlanta REALTORS® (ARA Market Brief is compiled by First Multiple Listing Service (FMLS) and provides the only regionally focused synopsis of monthly sales and home prices for single-family residential properties. The Market Brief covers the following 11 counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Paulding, and Rockdale.

The data in this report was compiled by First Multiple Listing Service (FMLS). For more information on details of this month's report, please contact the Association at 404.250.0051.

*Each month, the numbers reported for the previous month are updated to reflect additional recordings.

About the Atlanta REALTORS® Association

The Atlanta REALTORS® Association (ARA) has been an instrumental factor in the growth of real estate in the state of Georgia for more than a century. With over 14,000 members, Atlanta is the largest association in Georgia and is considered to be one of the strongest and most successful REALTOR® organizations in the nation. ARA serves as a central source of information for its members, mainly focusing on real estate education, the promotion of professionalism in the industry, and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.

About First Multiple Listing Service

First Multiple Listing Service (FMLS) is the premier data services provider for real estate professionals in Georgia. FMLS was founded in 1957 by a group of Brokers who wanted to share their listings and connect buyers and sellers.  Today FMLS is the largest MLS in Georgia & the 4th largest MLS in the United States, serving nearly 54,000 real estate Agents & Brokers.  For additional information or to start a discussion about how to partner with FMLS please contact join@fmls.com.

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