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 🔍

MetricValueY/Y % ChangeM/M % Change
Sales Volume$46,158,108-0.9%-22.8%
Units Sold97+6.6%-13.4%
Median Sales Price$380,000+8.6%+10.1%
New Listings151+30.2%-22.6%
Active Listings571+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.

Download the December Market Brief PDF

About the 400N Market Brief

The 400 North Association of REALTORS® (400N) Market Brief is compiled by Georgia Multiple Listing Service (GAMLS). For more information on details of this month's report, please contact the Association at 770.845.4008.

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

About the 400 North Association of REALTORS®

The 400 North Association serves as a central source of information for our members and our main focus are real estate education, the promotion of professionalism in our industry and representing our REALTOR® members with legislative initiatives to create positive change for the real estate community. Throughout its history, the 400 North Association has exerted its influence in civic affairs in its capacity of representing a substantial segment of the business community across the Forsyth, Dawson and Lumpkin area. The Association has contributed to various charities over the years by hosting fundraisers.

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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