Market Briefs
GMLRA Market Brief – December 2024
January 14, 2025
December 2024 Housing Market Snapshot 📊
The December 2024 housing market in the Georgia Mountains & Lakes area demonstrates stability compared to last year, with significant increases in the median sales price and new listings. However, typical seasonal adjustments are reflected in the decline in sales volume and units sold compared to the previous month.
Quick Snapshot of December Key Metrics 🔍
| Metric | Value | Y/Y % Change | M/M % Change |
|---|---|---|---|
| Sales Volume | $46,158,108 | -0.9% | -22.8% |
| Units Sold | 97 | +6.6% | -13.4% |
| Median Sales Price | $380,000 | +8.6% | +10.1% |
| New Listings | 151 | +30.2% | -22.6% |
| Active Listings | 571 | +48.3% | -2.7% |
We encourage you to share this report with your network! It's a valuable tool to stay informed and make data-driven decisions. The full report is available on GMLRA's Facebook page and through the links below.
About the GMLRA Market Brief
The Georgia Mountains & Lakes REALTORS® Association (GMLRA) Market Brief is compiled by Georgia Multiple Listing Service (GAMLS). For more information on details of this month's report, please contact the Association at 404.845.4024.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the Georgia Mountains & Lakes REALTORS® Association
The Georgia Mountains & Lakes REALTORS® Association (GMLRA) has been an instrumental factor in the growth of real estate in the Habersham, White and Rabun, Georgia area for more than a decade. GMLRA serves as a central source of information for its members, with mainly focusing on real estate education, the promotion of professionalism in the industry and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.
About Georgia Multiple Listing Service
Since 1962 Georgia MLS has been providing real estate professionals with exceptional service, proven technology solutions, and unmatched value. With a laser-sharp focus on making the day-to-day tasks of our MLS subscribers more functional, more productive, and more profitable, we continue to implement the service blueprint that has led to our continued growth. For additional information or to start a discussion about how to partner with GAMLS please contact georgiamls@gamls.com.
