Market Briefs
January Market Brief – Pickens County Highlights
February 13, 2025
Market Summary 📊
In January 2025, the Pickens County housing market experienced a mix of changes compared to the previous year. Total single-family home sales declined by 22.2%, while the median sales price decreased by 10.4%, and the average sales price dropped by 14.8%. However, active listings showed a significant increase of 51.5%, new listings grew by 7.7%, and the months’ supply of inventory rose by 51.8%. These shifts indicate a cooling in sales activity but an expanding inventory in the market.
Quick Snapshot of January Key Metrics 🔍
Metric | Value | Y/Y % Change | M/M % Change |
---|---|---|---|
Total Single Family Home Sales | 28 | -22.2% | -34.9% |
Median Sales Price | $340,000 | -10.4% | -12.8% |
Average Sales Price | $368,000 | -14.8% | -23.0% |
Total Active Listings | 200 | +51.5% | +5.7% |
Month’s Supply | 4.20 | +51.8% | +6.7% |
New Listings | 70 | +7.7% | +59.9% |
About the PCBR Market Brief
The Pickens County Board of REALTORS® (PCBR) Market Brief is compiled by First Multiple Listing Service (FMLS). For more information on details of this month's report, please contact the Board at 770.866.1397.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the Pickens County Board of REALTORS®
The Pickens County Board serves as a central source of information for our members and our main focus are real estate education, the promotion of professionalism in our industry and representing our REALTOR® members with legislative initiatives to create positive change for the real estate community. Throughout its history, the Pickens County Board has exerted its influence in civic affairs in its capacity of representing a substantial segment of the business community across the Pickens area. The Board has contributed to various charities over the years by hosting fundraisers.
About First Multiple Listing Service
First Multiple Listing Service (FMLS) is the premier data services provider for real estate professionals in Georgia. FMLS was founded in 1957 by a group of Brokers who wanted to share their listings and connect buyers and sellers. Today FMLS is the largest MLS in Georgia & the 4th largest MLS in the United States, serving nearly 54,000 real estate Agents & Brokers. For additional information or to start a discussion about how to partner with FMLS please contact join@fmls.com.