Market Briefs
February Market Brief – GMLRA Highlights
March 17, 2025
The February 2025 housing market in the Georgia Mountains & Lakes REALTORS® area showed mixed trends. Active listings surged 62.3% year-over-year, while new listings rose 38.9%. However, sales volume dropped 29.8%, and units sold declined 15.2% from last year. Month-over-month, median sales price fell 12.3% to $330,900, while inventory continued to expand..
Quick Snapshot of February Key Metrics 🔍
Metric | Value | Y/Y % Change | M/M % Change |
---|---|---|---|
Sales Volume | $31,221,206 | -29.8% | -26.5% |
Units Sold | 78 | -15.2% | -2.5% |
Median Sales Price | $330,900 | -1.2% | -12.3% |
New Listings | 225 | +38.9% | +2.7% |
Active Listings | 586 | +62.3% | +8.9% |