Path & Post Real Estate

Ball Ground, GA

Single-Family Homes

Market Report | homes@pathpost.com



Ball Ground, GA

Mon Nov 23 2020
This week the median list price for Ball Ground, GA is $532,450 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has held steady at or around 32. Click here to stay informed with the Ball Ground market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Ball Ground, GA

Mon Nov 23 2020
This week the median list price for Ball Ground, GA is $532,450 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has held steady at or around 32. Click here to stay informed with the Ball Ground market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Ball Ground market.
Median List Price $532,450
Per Square Foot $163
Days on Market 126
Price Decreased 34%
Price Increased 3%
Relisted 0%
Inventory 32
Median Rent $1,495
Most Expensive $1,999,995
Least Expensive $150,000
Market Action 47
Strong Seller's Market

Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,525,000 6,144 10 - 20 acres 5 5 15 0 0 276
$607,450 3,699 5 - 10 acres 4 3 24 1 0 112
$505,000 3,134 1 - 2.5 acres 4 3 9 2 2 47
$319,450 2,050 0.5 - 1 acre 3 2 16 2 4 70