Path & Post Real Estate
Jasper, GA
Single-Family Homes
Market Report | homes@pathpost.com
Jasper, GA
Mon Mar 08 2021
This week the median list price for Jasper, GA is $399,000 with the market action index hovering around 47. This is an increase over last month's market action index of 43. Inventory has held steady at or around 80.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.
Real-Time Market Profile
| Median List Price | $399,000 | |
| Per Square Foot | $159 | |
| Days on Market | 60 | |
| Price Decreased | 11% | |
| Price Increased | 9% | |
| Relisted | 5% | |
| Inventory | 80 | |
| Median Rent | ||
| Most Expensive | $1,750,000 | |
| Least Expensive | $109,000 | |
| Market Action | 47 | |
| Strong Seller's Market | ||
While this week the median price didn’t fluctuate much, we are relatively close to the market’s high price point and have had an upward price trend over the last few weeks. 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 |
|---|---|---|---|---|---|---|---|---|
| $791,500 | 4,480 | 2.5 - 5 acres | 4 | 3 | 14 | 3 | 2 | 133 |
| $510,000 | 2,797 | 1 - 2.5 acres | 4 | 3 | 5 | 2 | 3 | 105 |
| $339,950 | 2,452 | 1 - 2.5 acres | 3 | 2 | 24 | 9 | 4 | 10 |
| $241,175 | 1,558 | 0.5 - 1 acre | 3 | 2 | 20 | 3 | 3 | 31 |