Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 20% from one year earlier, and down 2% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 290-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 9%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 240-thousand dollars. The number of units sold increased 33% year-over-year, and increased 60% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Gilmer County, GA
Area Information for Gilmer County, GA
Population:32,318
Median Age:44.2 yr
Median Commute Time:30 mins
Educational Climate*:3
Sales Tax:0%
Population Density:75/sq mi
Population Change Since 2000:38%
Closest Airport:Lovell Field
Closest College:Reinhardt University
Closest Jr. College:Chattahoochee Technical Cllg-appalachian
Median Household Income:$55,790
Annual Residential Turnover:0%
Median Home Sales Price:$299,900
Closest Major Sports Team:Rome Braves (a)
Change Avg. Household Income Since 2000:63.29%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for Gilmer County, GA
Median Age: 44.2Married: 47%Number of Households: 12,960Households with Children: 2,638
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)
Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.