Rick Andrews' Market Report

Blue Ridge, GA 30513

Single-Family Homes

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



Blue Ridge, GA 30513

Wed May 22 2024
This week the median list price for Blue Ridge, GA 30513 is $749,250 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 222. Click here to stay informed with the Blue Ridge market!

Market Action Index

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

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Blue Ridge, GA 30513

Wed May 22 2024
This week the median list price for Blue Ridge, GA 30513 is $749,250 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 222. Click here to stay informed with the Blue Ridge market!

Market Action Index

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

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Blue Ridge market.
Median List Price $749,250
Median Price of New Listings $615,000
Per Square Foot $344
Average Days on Market 125
Median Days on Market 77
Price Decreased 49%
Price Increased 2%
Relisted 31%
Inventory 222
Median Rent
Market Action 28
Slight Buyer's Advantage

Prices in this zip code seem to have settled around a 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
$1,625,000 3,394 1 - 2.5 acres 4 4 6 1 2 77
$875,000 2,688 1 - 2.5 acres 3 3 17 1 4 84
$677,000 2,161 1 - 2.5 acres 3 3 18 3 7 59
$422,000 1,392 1 - 2.5 acres 2 2 29 4 3 98