Rick Andrews' Market Report

Young Harris, GA 30582

Single-Family Homes

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



Young Harris, GA 30582

Sat Aug 13 2022
This week the median list price for Young Harris, GA 30582 is $464,450 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 16. 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

Sat Aug 13 2022
This week the median list price for Young Harris, GA 30582 is $464,450 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 16. 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 $464,450
Median Price of New Listings $497,475
Per Square Foot $230
Average Days on Market 60
Median Days on Market 42
Price Decreased 44%
Price Increased 0%
Relisted 6%
Inventory 16
Median Rent
Market Action 35
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$635,000 2,599 1 - 2.5 acres 3 2.8 26 2 1 17
$497,450 1,860 1 - 2.5 acres 2 2.5 8 0 0 101
$419,925 1,944 0.5 - 1 acre 3 2.5 24 1 1 42
$228,500 930 1 - 2.5 acres 2 1.3 26 1 0 28