Rick Andrews' Market Report

Young Harris, GA 30582

Single-Family Homes

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



Young Harris, GA 30582

Fri Sep 30 2022
This week the median list price for Young Harris, GA 30582 is $449,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has increased to 15. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Young Harris, GA 30582

Fri Sep 30 2022
This week the median list price for Young Harris, GA 30582 is $449,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has increased to 15. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Young Harris market.
Median List Price $449,000
Median Price of New Listings $0
Per Square Foot $207
Average Days on Market 89
Median Days on Market 77
Price Decreased 47%
Price Increased 0%
Relisted 13%
Inventory 15
Median Rent
Market Action 41
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
$649,000 4,075 1 - 2.5 acres 3 3 23 0 1 21
$489,950 1,512 1 - 2.5 acres 2 2.3 1 0 0 143
$357,250 2,686 0.5 - 1 acre 3 2.5 23 0 0 126
$228,500 1,275 1 - 2.5 acres 2 1.3 26 0 0 63