Market Briefs
January Market Brief – GMLRA Highlights
February 12, 2025
The January 2025 housing market in the Georgia Mountains & Lakes REALTORS® area had mixed results. The median sales price rose 13.4% year-over-year to $380,000, while new listings jumped 47%, and active listings grew 55.9%.
However, units sold fell 17.7% year-over-year and 19.4% from last month, with sales volume down 8.8% month-over-month but up 21.7% from last year.
Quick Snapshot of January Key Metrics 🔍
Metric | Value | Y/Y % Change | M/M % Change |
---|---|---|---|
Sales Volume | $42,173,274 | +21.7% | -8.8% |
Units Sold | 79 | -17.7% | -19.4% |
Median Sales Price | $380,000 | +13.4% | +2.0% |
New Listings | 219 | +47.0% | +45.0% |
Active Listings | 538 | +55.9% | -5.8% |