Rick Andrews' Market Report

Blue Ridge, GA 30513

Single-Family Homes

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


Blue Ridge, GA 30513

Thu Sep 21 2023
This week the median list price for Blue Ridge, GA 30513 is $750,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has increased to 200. 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

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Blue Ridge, GA 30513

Thu Sep 21 2023
This week the median list price for Blue Ridge, GA 30513 is $750,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has increased to 200. 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

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Blue Ridge market.
Median List Price $750,000
Median Price of New Listings $735,000
Per Square Foot $334
Average Days on Market 109
Median Days on Market 70
Price Decreased 44%
Price Increased 4%
Relisted 24%
Inventory 200
Median Rent
Market Action 29
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
$1,297,225 3,148 1 - 2.5 acres 4 3.5 6 0 4 49
$899,900 2,776 1 - 2.5 acres 4 3.5 17 4 6 80
$649,700 2,100 1 - 2.5 acres 3 3 20 3 4 73
$399,950 1,382 1 - 2.5 acres 3 2 27 4 7 56