Rick Andrews' Market Report

Young Harris, GA 30582

Single-Family Homes

Your Mountain Realtor | 828-557-9139 | rick@callrickandrews.com



Young Harris, GA 30582

Sun Jul 14 2024
This week the median list price for Young Harris, GA 30582 is $599,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has increased to 39. Click here to stay informed with the Young Harris market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Young Harris, GA 30582

Sun Jul 14 2024
This week the median list price for Young Harris, GA 30582 is $599,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has increased to 39. Click here to stay informed with the Young Harris market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Young Harris market.
Median List Price $599,000
Median Price of New Listings $653,000
Per Square Foot $293
Average Days on Market 131
Median Days on Market 70
Price Decreased 38%
Price Increased 3%
Relisted 8%
Inventory 39
Median Rent
Market Action 34
Slight Seller's Advantage

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$875,000 2,587 1 - 2.5 acres 4 3.5 20 1 0 49
$682,450 3,120 1 - 2.5 acres 4 3 9 1 1 154
$529,750 2,512 1 - 2.5 acres 3 2.8 8 0 2 59
$323,950 1,120 1 - 2.5 acres 2 2 22 1 1 45