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% |
